What's the average rent in Melrose, MA?
Rental Market Trends in Melrose, MA
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Melrose, MA is $2,500 per month, which is 31% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$2,500
-3.8%-$100 decrease month-over-month
-7.4%-$200 decrease year-over-year
AVAILABLE RENTALS
56
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, townhomes are the most affordable rental option in Melrose, MA at $2,650 per month, while houses are the most expensive at $3,300 per month. Apartments average $2,806 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,000 |
| 2 Bedrooms | $2,750 |
| 3 Bedrooms | $3,300 |
| 4 Bedrooms | $3,300 |
| All | $2,400 |
As of May 2026, the average rent for a 1 bedroom rental in Melrose, MA is $2,000 per month, followed by $2,750 for a 2 bedroom rental, $3,300 for a 3 bedroom rental, and $3,300 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,650 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,650 |
As of May 2026, the average rent for a 2 bedroom townhome in Melrose, MA is $2,650 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,995 |
| 2 Bedrooms | $2,600 |
| 3 Bedrooms | $3,300 |
| 4 Bedrooms | $3,233 |
| All | $2,400 |
As of May 2026, the average rent for a 1 bedroom apartment in Melrose, MA is $1,995 per month, followed by $2,600 for a 2 bedroom apartment, $3,300 for a 3 bedroom apartment, and $3,233 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,750 |
| 3 Bedrooms | $3,300 |
| 4 Bedrooms | $10,000 |
| All | $3,300 |
As of May 2026, the average rent for a 2 bedroom house in Melrose, MA is $2,750 per month, followed by $3,300 for a 3 bedroom house, and $10,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -3% compared to the previous year, which is a $72 decrease.
This year (2026)
Last year (2025)
Rent distribution
38% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,500 to $10,000.