Cheap Apartments for Rent in Melrose, NY from $900 (39 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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.

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Midrise Apartments
1 Bedroom Apartments

Midrise Apartments

180 N Main StMechanicville, NY 12118
Senior Living
property at 260 Madison St

260 Madison St

TroyNY12180

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.

Melrose, NY Local Guide

Cheapest Available Melrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose, NY is a Studio unit found at The Peabody Apartments priced from $985. Diamond Rock Terrace Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Peabody Apartments233Studio,1BA$985
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,100
The Overlook1 Bed Classic1BR,1BA$1,100
Cedar Park Apartments1 Bedroom1BR,1BA$1,261
Columbia ApartmentsColumbia Gardens 1 Bedroom1BR,1BA$1,261
Twin Lakes ApartmentsCosmopolitan1BR,1BA$1,341
Strawberry Ridge ApartmentsG2BR,1BA$1,355
School One1 Bedroom 1 Bath1BR,1BA$1,375
Enclave at Duncan MeadowsOne Bedroom1BR,1BA$1,400
LandingsThe Amsterdam1BR,1BA$1,617

Best Value Apartments for Rent in Melrose, NY and Nearby

As of June 05, 2025 the best value apartment in the Melrose area is the $1.70 price per square foot 2BR/2.5BA Model at City Lofts of Cohoes in the starting from $2,355. The second greatest value Melrose apartment is the Harwich Model at Shelter Cove starting at $1,668 with a $1.26 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.
City Lofts of Cohoes2BR/2.5BA2BR,2.5BA$1.70
Shelter CoveHarwich1BR,1BA$1.26
Captains LookoutFalmouth2BR,2BA$1.74
The Ridge ApartmentsRidge A2BR,2BA$1.63
Maplewood EstatesTwo Bedroom2BR,2BA$1.60
Hudson SquareWinged Foot2BR,2BA$1.78
Strawberry Ridge ApartmentsG2BR,1BA$1.39
LandingsThe Amsterdam1BR,1BA$1.77
Enclave at Duncan MeadowsOne Bedroom1BR,1BA$1.68
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1.77

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Location, Location, Location!

Explore Melrose, NY Rentals by Map

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Frequently Asked Questions about Cheap Melrose Apartments

What is the Cheapest Studio apartment in Melrose?

Currently the most affordable Cheap Studio Apartment in Melrose is at The Peabody Apartments listed at $985.

How much is rent for a Cheap One Bedroom Melrose Apartment?

The lowest price for a Cheap One Bedroom Melrose Apartment is $1,100 at Diamond Rock Terrace Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Melrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Melrose is starting from $1,175 at Diamond Rock Terrace Senior Apartments.

What is the most affordable Melrose Three Bedroom Apartment?

The best deal on a cheap Melrose Three Bedroom Apartment rental is at Twin Lakes Apartments and starts from $2,104.

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.

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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.

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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.

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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.

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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.