
Cheap Homes for Rent in Melrose, MN from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.


309 9th St

308 8th St

751 5th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

627 7th Ave S

1009 13th St N

412 19th St S

1051 13th St N
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1108 13th St S

301 8th Ave W

804 23rd Ave N

806 23rd Ave N
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1011 13th St N

619 S Armstrong Ave
Melrose, MN Local Guide

How much does it cost to rent a home in Melrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melrose 2 Bedroom Homes for Rent | $1,377 | $775 | $2,195 |
Melrose 3 Bedroom Homes for Rent | $1,752 | $1,200 | $2,900 |
Melrose 4 Bedroom Homes for Rent | $1,788 | $1,225 | $2,790 |
Melrose 5 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
Browse Top Homes for Rent in Melrose
Explore Melrose
Melrose, MN Local Guide
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Cheapest Available Melrose Apartments for Rent and Nearby
 The cheapest available apartment rental in Melrose, MN is a 1 Bed unit found at Oak Ridge Manor Senior 62+ Apartments priced from $718. Driftwood Apartments in the West Saint Cloud neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here is today’s list of the most affordable Melrose apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $718 |
Driftwood Apartments | Studio | Studio,1BA | $720 |
Westfield Apartments | 1 Bedroom HC | 1BR,1BA | $768 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $880 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $975 |
Best Value Apartments for Rent in Melrose, MN and Nearby
As of May 14, 2025 the best value apartment in the Melrose area is the $1.35 price per square foot B8 Model at Cypress Court Apartments in the starting from $1,640. The second greatest value Melrose apartment is the 2 Bed 1 Bath Model at Riverview Lofts starting at $1,550 with a $1.57 price per square foot . Here is today’s list of the best values for Melrose apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cypress Court Apartments | B8 | 2BR,2BA | $1.35 |
Riverview Lofts | 2 Bed 1 Bath | 2BR,1BA | $1.57 |
Savanna Apartments | E | 2BR,2BA | $1.17 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.08 |
Jacobs Square Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.26 |
The Oaks on 20th | 1bed/1bathroom with Pantry | 1BR,1BA | $1.44 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
Westwood Parkway Estates | Heartland | 1BR,1BA | $1.56 |
Driftwood Apartments | Studio | Studio ,1BA | $1.18 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 45 Apartments for Rent in Melrose, MN with pricing that ranges from $718 to $2,466. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $500 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 $500 to $2,900 with an average monthly rent of $1,491.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.