
Cheap Homes for Rent in Melrose, NY from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.


36 Farm St

195 9th St

75-79-79 11th St

53 Main St

50-62-62 East St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

13 112th St

66 13th St

80 Hudson Ave

61 South Main St

19 Warsaw Ave

1808 5th Ave
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.

338 Saratoga St

179 9th St

163 Paine St

109 Third Street

135 5th Ave

52 Sage Rd
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.
Melrose, NY 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 | $1,512 | $795 | $2,199 |
| Melrose 3 Bedroom Homes for Rent | $1,995 | $695 | $3,100 |
| Melrose 4 Bedroom Homes for Rent | $1,898 | $695 | $2,600 |
Browse Top Homes for Rent in Melrose
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Melrose, NY Local Guide
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Cheapest Available Melrose Apartments for Rent and Nearby
 The cheapest available apartment rental in Melrose, NY is a 1 Bed unit found at Cedar Park Apartments in the Downtown Troy neighborhood priced from $1,063. Midrise Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,083. Here is today’s list of the most affordable Melrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Park Apartments | 1 Bedroom | 1BR,1BA | $1,063 |
| Midrise Apartments | One Bedroom | 1BR,1BA | $1,083 |
| Hudson Heights Apartments | The Press | 2BR,1BA | $1,100 |
| Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
| School One | 1 Bedroom 1 Bath | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Melrose, NY and Nearby
As of April 13, 2026 the best value apartment in the Melrose area is the $1.56 price per square foot 3BR/3.0BA Model at City Lofts of Cohoes in the starting from $2,600. The second greatest value Melrose apartment is the Brewster Model at Shelter Cove starting at $1,983 with a $1.45 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. |
|---|---|---|---|
| City Lofts of Cohoes | 3BR/3.0BA | 3BR,3BA | $1.56 |
| Shelter Cove | Brewster | 1BR,1BA | $1.45 |
| Captain's Lookout | Falmouth | 2BR,2BA | $1.73 |
| Stoneledge Terrace Apartments | Hoosick 1C | 2BR,2BA | $1.65 |
| Enclave at Duncan Meadows | Two Bedroom | 2BR,2BA | $1.57 |
| Riverstone Apartments | Granite | 2BR,2BA | $1.69 |
| Maplewood Estates | Two Bedroom | 2BR,2BA | $1.60 |
| The Ridge Apartments | Ridge C | 2BR,2BA | $1.62 |
| Forest Lane Apartments | 1 Bed, 1 Bath with Office (W/ Heat & HW) | 2BR,2BA | $1.66 |
| Hudson Heights Apartments | The Press | 2BR,1BA | $1.14 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melrose, NY Rentals by Map
See the most popular apartments and homes in Melrose, NY
Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 43 Apartments for Rent in Melrose, NY with pricing that ranges from $1,100 to $4,049. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $695 to $3,100.
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 $695 to $3,100 with an average monthly rent of $1,517.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.