611 W 5th St
PortalesNM88130
Cheap Homes for Rent in Melrose, NM from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.
1017 W 14th Ln
PortalesNM88130
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.
1117 W University Dr
PortalesNM88130
1100 Wallace St
ClovisNM88101
221 S Avenue J
PortalesNM88130
805 S Avenue C
PortalesNM88130
416 W 6th St
PortalesNM88130
1114 N Elgin Ave
PortalesNM88130
809 S Avenue A
PortalesNM88130
900 E Danube St
PortalesNM88130
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 1-10, Page 1 of 1
Melrose, NM Local Guide
Fields and grasslands of New Mexico by uıɐɾ ʞ ʇɐɯɐs is licensed under CC BY 2.0
How much does it cost to rent a home in Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose 2 Bedroom Homes for Rent | $856 | $675 | $1,250 |
| Melrose 3 Bedroom Homes for Rent | $1,178 | $895 | $1,450 |
| Melrose 4 Bedroom Homes for Rent | $1,300 | $1,050 | $1,550 |
Browse Top Homes for Rent in Melrose
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Melrose, NM Local Guide
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Cheapest Available Melrose Apartments for Rent and Nearby
The cheapest available apartment rental in Melrose, NM is a 2 Beds unit found at 804 Stanton Pl priced from $600. Gidding Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Melrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 804 Stanton Pl | 804 Stanton | 2BR,1BA | $600 |
| Gidding Apartments | 3325 Gidding | 2BR,1BA | $950 |
| 2100 Fred Daugherty Ave | 2100 Fred Daugherty | 2BR,2BA | $950 |
Best Value Apartments for Rent in Melrose, NM and Nearby
As of October 06, 2025 the best value apartment in the Melrose area is the $0.86 price per square foot 2100 Fred Daugherty Model at 2100 Fred Daugherty Ave in the starting from $950. The second greatest value Melrose apartment is the C1 Model at Raintree Apartments starting at $1,385 with a $1.41 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. |
|---|---|---|---|
| 2100 Fred Daugherty Ave | 2100 Fred Daugherty | 2BR,2BA | $0.86 |
| Raintree Apartments | C1 | 2BR,2BA | $1.41 |
| Townsgate Apartments | 300 Townsgate | 2BR,1BA | $1.06 |
| Gidding Apartments | 3325 Gidding | 2BR,1BA | $1.06 |
| 804 Stanton Pl | 804 Stanton | 2BR,1BA | $0.80 |
| 1300 N Walnut Ave, Unit 32 | 1300 N Walnut Ave | 1BR,1BA | $1.16 |
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See the most popular apartments and homes in Melrose, NM
Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 28 Apartments for Rent in Melrose, NM with pricing that ranges from $525 to $2,200. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $550 to $1,550.
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 $550 to $1,550 with an average monthly rent of $999.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.