Cheap Apartments for Rent in Melrose Park, PA from $500 (75 Rentals)

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

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.

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property at 5205 N 5th St

5205 N 5th St

PhiladelphiaPA19120
property at 5717 N Park Ave

5717 N Park Ave

PhiladelphiaPA19141

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.

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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.

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Philadelphia's Best Affordable Neighborhoods

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

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714-718 Rhawn St
1 to 2 Bedroom Apartments

714-718 Rhawn St

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

Afton Park Apartments

1006 Afton StPhiladelphia, PA 19111
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Treeview Manor Apartments
Studio to 1 Bedroom Apartments

Treeview Manor Apartments

6620-6630 N 5th StPhiladelphia, PA 19126
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Vernon Hall
Studio to 2 Bedroom Apartments

Vernon Hall

615 E Vernon RdPhiladelphia, PA 19119
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Grange Apartments
Studio to 2 Bedroom Apartments

Grange Apartments

5800 N 16th StPhiladelphia, PA 19141
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Cheltenham Station
Studio to 2 Bedroom Apartments

Cheltenham Station

6810 Martins Mill RdPhiladelphia, PA 19111

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.

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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. Algon Gardens in the Mayfair neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. 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
Algon GardensAG| StudioStudio,1BA$800
Regency VillageStudioStudio,1BA$825
Oaklynne1BR/1.0BA1BR,1BA$895
Tyson Arms ApartmentsTyson Arms ApartmentsStudio,1BA$910
Academia SuitesStudioStudio,1BA$964
YONOStudioStudio,1BA$970
Stenton GardensStudio PlatinumStudio,1BA$975

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

As of October 24, 2025 the best value apartment in the Melrose Park area is the $1.35 price per square foot 5800 Stockton Rd Model at 5800 Stockton Rd, Unit 5800 Stockton Rd unit #1 in the in the West Oak Lane neighborhood starting from $2,000. The second greatest value Melrose Park apartment is the 227 Roslyn Ave Model at 227 Roslyn Ave, Unit 2nd fl starting at $1,600 with a $1.33 price per square foot in the Willow Grove Park Mall 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.
5800 Stockton Rd, Unit 5800 Stockton Rd unit #15800 Stockton Rd4BR,1.5BA$1.35
227 Roslyn Ave, Unit 2nd fl227 Roslyn Ave2BR,1BA$1.33
Wyncote HouseTwo Bedroom2BR,1.5BA$1.51
Olney Plaza2 Bedroom2BR,1BA$1.23
6601 N 21st St6601 N 21st St1BR,1BA$1.22
7111 Rising Sun Avenue, Unit 3 rd floor7111 Rising Sun Avenue1BR,1BA$1.25
Bentley ManorBentley Manor 1 Bedroom 1 Bathroom1BR,1BA$1.45
5610 N 12th St, Unit SRO-B15610 N 12th St1BR,1BA$1.00
Oaklynne1BR/1.0BA1BR,1BA$1.38
1700 68th Ave, Unit 17001700 68th AveStudio ,1BA$1.42

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.

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Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Explore Melrose Park, PA Rentals by Map

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

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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 $895 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 $1,081 at Fernrock Apartments.

What is the most affordable Melrose Park Three Bedroom Apartment?

The best deal on a cheap Melrose Park Three Bedroom Apartment rental is at Oxford Apartments and starts from $1,645.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.