Cheap Apartments for Rent near Melrose Park, PA from $500 (147 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
property at 5526 N Mascher St

$900 - $1,450

1 To 3 Bedroom Rentals

Available Now

5526 N Mascher St

PhiladelphiaPA19120

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.

Read Article
property at 7108 Oxford Ave

$995 - $1,175

Studio To 1 Bedroom Rentals

Available Now

7108 Oxford Ave

PhiladelphiaPA19111
property at 1401 Beech Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

1401 Beech Ave

Elkins ParkPA19027

Cash 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 Article

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.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 3

Melrose Park, PA Local Guide

Cheapest Available Melrose Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose Park, PA is a Studio unit found at Oak Lane Court Apartments in the West Oak Lane neighborhood priced from $750. Olney Plaza in the West Oak Lane neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Melrose Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Lane Court Apartments0/1.0Studio,1BA$750
Olney PlazaStudiosStudio,1BA$850
129-131 E Roosevelt Blvd1 Beds, 1 Baths1BR,1BA$875
Oaklynne1 Bed 1 Bath1BR,1BA$895
Stenton GardensStudio ClassicStudio,1BA$900
Washington Lane ApartmentsNewly Renovated StudioStudio,1BA$900
Algon GardensAG| Studio JrStudio,1BA$900
Ivy Hill GardensSTUDIOStudio,1BA$900
Regency VillageStudioStudio,1BA$950
Oasis Manor - Senior Housing ApartmentsStudioStudio,1BA$950

Best Value Apartments for Rent in Melrose Park, PA and Nearby

As of July 15, 2026 the best value apartment in the Melrose Park area is the $0.58 price per square foot 6322 Rising Sun Ave Model at 6322 Rising Sun Ave, Unit 1 in the in the Lawncrest neighborhood starting from $1,000. The second greatest value Melrose Park apartment is the 7337 Claridge St Model at 7337 Claridge St, Unit 2 starting at $1,650 with a $1.00 price per square foot in the Mayfair neighborhood. Here is today’s list of the best values for Melrose Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6322 Rising Sun Ave, Unit 16322 Rising Sun Ave1BR,1BA$0.58
7337 Claridge St, Unit 27337 Claridge St2BR,1BA$1.00
1511 Spring Ave, Unit Apartment #2 - 2nd Floor1511 Spring Ave2BR,1BA$1.44
6370 Oxford Ave, Unit B6370 Oxford Ave1BR,2BA$1.25
Downing Apartments1 Bed 1 Bath | Classic1BR,1BA$1.24
7111 Rising Sun Avenue, Unit 3 rd floor7111 Rising Sun Avenue1BR,1BA$1.25
Cliveden Court1 Bedroom1BR,1BA$1.56
Wadsworth ManorOne Bedroom1BR,1BA$1.54
Oaklynne1 Bed 1 Bath1BR,1BA$1.49
129-131 E Roosevelt Blvd1 Beds, 1 Baths1BR,1BA$1.59

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.

Read Article
Decorative image

Unlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers

Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Melrose Park, PA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Melrose Park, PA

View Map
Melrose Park, PA Apartments Map
View Map
Melrose Park, PA Rental Homes Map

Frequently Asked Questions about Cheap Melrose Park Apartments

What is the Cheapest Studio apartment in Melrose Park?

Currently the most affordable Cheap Studio Apartment in Melrose Park is at Oak Lane Court Apartments listed at $750.

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

The lowest price for a Cheap One Bedroom Melrose Park Apartment is $875 at 129-131 E Roosevelt Blvd.

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

Today's best deal for a Cheap Two Bedroom Apartment in Melrose Park is starting from $1,195 at Lawndale Apartments.

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.

Helpful Local Expert Guides

decorative image for A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia article

A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia

Written by: Richard Corrigan

There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

decorative image for Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers article

Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers

Written by: Richard Corrigan

Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

decorative image for Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide article

Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

Written by: Richard Corrigan

Welcome to Philadelphia! It’s the city of brotherly love, cheesesteaks, Ben Franklin and Rocky Balboa. And I don’t think you need me to tell you, it’s also a lot more than that.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Written by: Richard Corrigan

Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.