519 1/2 Gidding St
ClovisNM88101
Cheap Homes for Rent in Melrose, NM from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.
1017 W 14th Ln
PortalesNM88130
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1010 N Avenue A
PortalesNM88130
522 S Ave E
PortalesNM88130
221 S Avenue J
PortalesNM88130
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
900 N Edwards St
ClovisNM88101
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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 | $925 | $750 | $1,300 |
| Melrose 3 Bedroom Homes for Rent | $1,161 | $700 | $1,495 |
| Melrose 4 Bedroom Homes for Rent | $1,475 | $1,475 | $1,475 |
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 2100 Fred Daugherty Ave priced from $950. Townsgate 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 |
|---|---|---|---|
| 2100 Fred Daugherty Ave | 2100 Fred Daugherty | 2BR,2BA | $950 |
| Townsgate Apartments | 137 Townsgate | 2BR,1BA | $950 |
| Raintree Apartments | A1 | 1BR,1BA | $1,115 |
Best Value Apartments for Rent in Melrose, NM and Nearby
As of August 18, 2025 the best value apartment in the Melrose area is the $1.06 price per square foot 3321 Gidding Model at Gidding Apartments in the starting from $950. The second greatest value Melrose apartment is the 137 Townsgate Model at Townsgate Apartments starting at $950 with a $1.06 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. |
|---|---|---|---|
| Gidding Apartments | 3321 Gidding | 2BR,1BA | $1.06 |
| Townsgate Apartments | 137 Townsgate | 2BR,1BA | $1.06 |
| 108 Wallace St, Unit #1 | 108 Wallace St | 2BR,1BA | $1.19 |
| Raintree Apartments | A1 | 1BR,1BA | $1.78 |
| 1300 N Walnut Ave, Unit 27 | 1300 N Walnut Ave | 1BR,1BA | $1.16 |
| 818 E 7th St, Unit bldr. | 818 E 7th St | 1BR,1BA | $1.50 |
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Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 26 Apartments for Rent in Melrose, NM with pricing that ranges from $495 to $1,450. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $495 to $1,495.
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 $495 to $1,495 with an average monthly rent of $1,037.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.