Cheap Homes for Rent in Melrose, OH from $400 (7 Rentals)

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Search the lowest-cost Homes 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.

Melrose, OH Local Guide

Cheapest Available Melrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose, OH is a 2 Beds unit found at 43 Town Square priced from $595. Shoaff Park Villas in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
43 Town Square2 Bedroom2BR,1BA$595
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Partridge Place2 Bedroom Unit2BR,1BA$650

Best Value Apartments for Rent in Melrose, OH and Nearby

As of June 08, 2025 the best value apartment in the Melrose area is the $0.97 price per square foot Three-Bedroom Model at 236 S Kenilworth Ave in the starting from $1,695. The second greatest value Melrose apartment is the 2 Bedroom 2 Bath Model at Evard Place - Solar Powered starting at $1,600 with a $1.07 price per square foot in the Northeast Fort Wayne neighborhood. 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.
236 S Kenilworth AveThree-Bedroom3BR,2BA$0.97
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.07
Windsor OaksThe Hickory2BR,1BA$1.28
43 Town Square2 Bedroom2BR,1BA$0.59
Partridge Place2 Bedroom Unit2BR,1.5BA$0.67
Wellington Place2 Bedroom Unit2BR,1.5BA$0.89
Arlington Place2 Bedroom2BR,1BA$1.12
PineView ApartmentsTwo Bedroom2BR,1BA$1.28
Wood Creek ApartmentsThe Dogwood1BR,1BA$1.29
Mt. Vernon Village1 Bedroom 1 Bathroom1BR,1BA$1.17

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Frequently Asked Questions about Melrose

What type of rentals are currently available in Melrose?

There are currently 48 Apartments for Rent in Melrose, OH with pricing that ranges from $610 to $2,400. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $425 to $2,530.

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 $425 to $2,530 with an average monthly rent of $1,570.

How much are larger Three and Four Bedroom Rentals in Melrose?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose range from $699 to $2,076, while Three Bedroom Homes, Condos, and Townhomes for rent range from $940 to $2,450. Four Bedroom Single-Family rentals are also available starting from $425 and Four Bedroom Apartments start at $1,700.

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.