What's the average rent in Melrose, MA?
Rental Market Trends in Melrose, MA
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Melrose, MA is $2,500 per month, which is 28% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$2,500
-10.7%-$300 decrease month-over-month
-10.7%-$300 decrease year-over-year
AVAILABLE RENTALS
62
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, apartments are the most affordable rental option in Melrose, MA at $2,401 per month, while townhomes are the most expensive at $3,067 per month. Houses average $3,000 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,950 |
| 2 Bedrooms | $2,650 |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | $4,450 |
| All | $2,500 |
As of September 2026, the average rent for a 1 bedroom rental in Melrose, MA is $1,950 per month, followed by $2,650 for a 2 bedroom rental, $3,000 for a 3 bedroom rental, and $4,450 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,000 |
| 3 Bedrooms | $4,000 |
| 4 Bedrooms | — |
| All | $3,067 |
As of September 2026, the average rent for a 2 bedroom townhome in Melrose, MA is $3,000 per month, followed by $4,000 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,900 |
| 2 Bedrooms | $2,550 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | $7,875 |
| All | $2,400 |
As of September 2026, the average rent for a 1 bedroom apartment in Melrose, MA is $1,900 per month, followed by $2,550 for a 2 bedroom apartment, $2,900 for a 3 bedroom apartment, and $7,875 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | $4,450 |
| All | $3,000 |
As of September 2026, the average rent for a 3 bedroom house in Melrose, MA is $3,000 per month, followed by $4,450 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -14% compared to the previous year, which is a $400 decrease.
This year (2026)
Last year (2025)
Rent distribution
41% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,485 to $7,654.