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 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

$2,806

HOUSES

$3,300

TOWNHOUSES

$2,650
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 typeAverage 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.

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.
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