Cheap Apartments for Rent in Melrose Park, PA from $500 (100 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

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.

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.

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.

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 1 Bed 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
Oaklynne1BR/1.0BA1BR,1BA$850
Godfrey ArmsGodfrey Arms EfficiencyStudio,1BA$895
Regency VillageStudioStudio,1BA$925
Academia SuitesStudioStudio,1BA$935
Fernrock ApartmentsFernrock StudioStudio,1BA$948
YONOStudioStudio,1BA$960
Tyson ArmsStudioStudio,1BA$995

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

As of July 23, 2025 the best value apartment in the Melrose Park area is the $0.61 price per square foot 6322 Rising Sun Ave Model at 6322 Rising Sun Ave, Unit 1 in the in the Lawncrest neighborhood starting from $1,050. The second greatest value Melrose Park apartment is the 220 Ryers Ave Model at 220 Ryers Ave starting at $1,800 with a $1.13 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$0.61
220 Ryers Ave220 Ryers Ave2BR,2BA$1.13
Madison Manor ApartmentsOfficeStudio ,1BA$1.41
Stenton Gardens2BR Platinum2BR,1BA$1.44
386 E Upsal St, Unit 386 upsal street386 E Upsal St2BR,1BA$1.10
Olney Plaza2 Bedroom2BR,1BA$1.23
2128 Stenton Ave, Unit Stenton Ave 2nd fl2128 Stenton Ave1BR,1BA$1.22
6240 N 20th St, Unit 2nd Floor - SRO - B16240 N 20th StStudio ,1BA$0.86
6035 Palmetto St, Unit BA6035 Palmetto StStudio ,1BA$1.31
Oaklynne1BR/1.0BA1BR,1BA$1.31

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

View Map
Melrose Park, PA Apartments Map
View Map
Melrose 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

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 $850 at Oaklynne.

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 $1,215 at Olney Plaza.

What is the most affordable Melrose Park Three Bedroom Apartment?

The best deal on a cheap Melrose Park Three Bedroom Apartment rental is at 100 York Apartments and starts from $2,465.

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 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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.