Cheap Homes for Rent near Melrose, MN from $385 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Melrose.

property at 124 Farwell St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

3 Bedroom, 1 Bath Home for Rent

Available Sep 1

124 Farwell St

VerndaleMN56481
property at 310 8th St N

$825

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Townhome for Rent

Available Now

310 8th St N

KerkhovenMN56252

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

512 Maple Ln

Grove CityMN56243
property at 519 14th St S

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Townhome for Rent

Available Now

519 14th St S

St. CloudMN56301
property at 706 1st St S

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

706 1st St S

WillmarMN56201
property at 154 3rd Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

154 3rd Ave

SpicerMN56288

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Melrose, MN Local Guide

Cheapest Available Melrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose, MN is a 1 Bed unit found at Westfield Apartments priced from $765. Westwood Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $920. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westfield Apartments1 bedroom1BR,1BA$765
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$920
Cypress CourtS5Studio,1BA$1,060

Best Value Apartments for Rent in Melrose, MN and Nearby

As of August 27, 2026 the best value apartment in the Melrose area is the $1.34 price per square foot Willow 2 BD - 2.5 BA (R) Model at Rivers Bend Cottage Homes in the starting from $2,450. The second greatest value Melrose apartment is the 3 Bedrooms, 2 full, 4541 Arbor Xing SE Model at Granite Manor/Runestone starting at $1,763 with a $1.34 price per square foot . Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rivers Bend Cottage HomesWillow 2 BD - 2.5 BA (R)2BR,2.5BA$1.34
Granite Manor/Runestone3 Bedrooms, 2 full, 4541 Arbor Xing SE3BR,2BA$1.34
Westwood Parkway EstatesPavillion2BR,2BA$1.43
Wobegon CrossingsWillow2BR,2BA$1.59
Victory Court Apartments555 Bldg - Plan G2BR,2BA$1.42
Mainstreeter Apartment Homes2B2B A2BR,2BA$1.52
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$1.02
Riverview Lofts1 Bedroom and 1 Bath1BR,1BA$1.76
Boulder Ridge Apartment Homes1 Bedroom1BR,1BA$1.55
Westfield Apartments1 bedroom1BR,1BA$1.23

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Melrose

What type of rentals are currently available in Melrose?

There are currently 48 Apartments for Rent in Melrose, MN with pricing that ranges from $750 to $3,095. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $700 to $2,900.

What is the current price range for Rental Homes in Melrose?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose ranges from $700 to $2,900 with an average monthly rent of $1,606.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.