196 10th St
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Cheap Homes for Rent in Melrose, NY from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.
36 Farm St
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195 9th St
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16 2nd St
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707 Pawling Ave
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51 Lansing St
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516 4th St
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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.
32 Wilmer Ave
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21 120th St
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53 Main St
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257 3rd St
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171 Lancaster St
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140 5th Ave
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75-79 2nd St
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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 1-14, Page 1 of 1
Melrose, NY Local Guide
I <3 NY by Josh Hallett 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 | $1,818 | $1,100 | $2,800 |
| Melrose 3 Bedroom Homes for Rent | $1,857 | $695 | $3,100 |
| Melrose 4 Bedroom Homes for Rent | $2,374 | $695 | $3,200 |
| Melrose 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
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 Studio unit found at The Peabody Apartments priced from $985. Hudson Heights Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Melrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Peabody Apartments | 233 | Studio,1BA | $985 |
| Hudson Heights Apartments | The Press | 2BR,1BA | $1,100 |
| Cedar Park Apartments | 1 Bedroom | 1BR,1BA | $1,135 |
| Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
| Forest Lane Apartments | 1 Bed, 1 Bath (W/ Heat) | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Melrose, NY and Nearby
As of June 01, 2026 the best value apartment in the Melrose area is the $1.32 price per square foot Harwich Model at Shelter Cove in the starting from $1,736. The second greatest value Melrose apartment is the 2 Bed - 2 Bath Model at The Residences at Crescent Commons starting at $1,895 with a $1.58 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. |
|---|---|---|---|
| Shelter Cove | Harwich | 1BR,1BA | $1.32 |
| The Residences at Crescent Commons | 2 Bed - 2 Bath | 2BR,2BA | $1.58 |
| Enclave at Duncan Meadows | Two Bedroom | 2BR,2BA | $1.57 |
| Maplewood Estates | Two Bedroom | 2BR,2BA | $1.60 |
| The Ridge Apartments | Ridge C | 2BR,2BA | $1.62 |
| Hudson Heights Apartments | The Press | 2BR,1BA | $1.14 |
| Landings | The Amsterdam | 1BR,1BA | $1.84 |
| Twin Lakes Apartments | Cosmopolitan | 1BR,1BA | $1.75 |
| The Peabody Apartments | 1 Bedroom + Den E | 1BR,1BA | $1.74 |
| Forest Lane Apartments | 1 Bed, 1 Bath (W/ Heat) | 1BR,1BA | $1.74 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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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 $985 to $4,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $695 to $3,300.
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 $3,300 with an average monthly rent of $1,942.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.