Cheap Apartments for Rent in Melrose Park, PA from $500 (72 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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.

property at 6935 N 15th St

6935 N 15th St

PhiladelphiaPA19126

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.

Read Article
property at 1545 Medary Ave

1545 Medary Ave

PhiladelphiaPA19141

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.

Read Article

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.

Read Article
close
View Me
714-718 Rhawn St
1 to 2 Bedroom Apartments

714-718 Rhawn St

714-718 Rhawn StPhiladelphia, PA 19111
close
View Me
Afton Park Apartments
Studio to 2 Bedroom Apartments

Afton Park Apartments

1006 Afton StPhiladelphia, PA 19111
  • Utilities Included
close
View Me
Treeview Manor Apartments
Studio to 1 Bedroom Apartments

Treeview Manor Apartments

6620-6630 N 5th StPhiladelphia, PA 19126
  • Utilities Included
close
View Me
Vernon Hall
1 Bedroom Apartments

Vernon Hall

615 E Vernon RdPhiladelphia, PA 19119
  • Utilities Included
close
View Me
Oaklynne
Studio to 1 Bedroom Apartments

Oaklynne

6610 N 8th StPhiladelphia, PA 19126
  • Utilities Included
close
View Me
Cheltenham Station
1 Bedroom Apartments

Cheltenham Station

6810 Martins Mill RdPhiladelphia, PA 19111
close
View Me
Grange Apartments
Studio to 1 Bedroom Apartments

Grange Apartments

5800 N 16th StPhiladelphia, PA 19141
Showing Results 1-50, Page 1 of 2

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. Oaklynne in the West Oak Lane neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. 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
Oaklynne0BR/1.0BAStudio,1BA$750
Regency VillageStudioStudio,1BA$825
Hammond GardenHammond Gardens EfficiencyStudio,1BA$892
Washington Lane ApartmentsNewly Renovated StudioStudio,1BA$900
Fernrock ApartmentsFernrock StudioStudio,1BA$900
The York House 55 PlusStudioStudio,1BA$918
Olney PlazaStudioStudio,1BA$975
Stenton GardensStudio PlatinumStudio,1BA$975

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

As of May 30, 2025 the best value apartment in the Melrose Park area is the $0.70 price per square foot 704 Oak Ln Model at 704 Oak Ln, Unit B in the in the West Oak Lane neighborhood starting from $2,150. The second greatest value Melrose Park apartment is the Office Model at Madison Manor Apartments starting at $1,950 with a $1.41 price per square foot in the Wyncote Jenkintown 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.
704 Oak Ln, Unit B704 Oak Ln4BR,1BA$0.70
Madison Manor ApartmentsOfficeStudio ,1BA$1.41
5723 N 13th St, Unit 15723 N 13th St2BR,1BA$1.08
1418 67th Ave, Unit 1R1418 67th Ave1BR,1BA$1.09
Wyncote HouseTwo Bedroom2BR,1.5BA$1.39
8244 Mansfield Ave, Unit B8244 Mansfield Ave2BR,1BA$1.44
The York House 55 PlusStudioStudio ,1BA$1.21
135 E Roosevelt Blvd135 E Roosevelt Blvd1BR,1BA$1.14
Hammond GardenHammond Gardens EfficiencyStudio ,1BA$1.49
Oaklynne0BR/1.0BAStudio ,1BA$1.36

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 MapMelrose Park, PA Apartments MapView MapMelrose Park, PA Rental Homes Map

Getting Around Melrose Park, PA

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $995 at Wadsworth Manor.

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 $1,200 at Regency Village.

What is the most affordable Melrose Park Three Bedroom Apartment?

The best deal on a cheap Melrose Park Three Bedroom Apartment rental is at Mt. Vernon Apartments and starts from $1,942.

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.