Cheap Apartments for Rent in Melrose, MA
58 rentals
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,900 - $2,250/moFees may apply
Studio-1 Bed
1 Bath457 - 485 Pleasant Street | 457-485 Pleasant St #485-01,
Melrose, MA 02176
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PET FRIENDLY$2,375 - $3,275/moFees may apply1-2 Beds1-2 BathsCorey10 | 10 Corey St #475692ddc,
Melrose, MA 02176
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PET FRIENDLYTotal price$2,550 - $4,117/moStudio-2 Beds1-2 BathsWindsor Radio Factory | 99 Washington St #2-416,
Melrose, MA 02176
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SPECIAL OFFERPET FRIENDLYTotal price$2,683 - $3,700/mo1-2 Beds1-2 BathsThe Washingtons | 2 Washington St #2-02-321,
Melrose, MA 02176
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Average Rent Trends in Melrose, MA
Rent in Melrose, MA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,825 |
| Jul 2025 | $3,100 |
| Aug 2025 | $2,950 |
| Sep 2025 | $2,900 |
| Oct 2025 | $2,695 |
| Nov 2025 | $2,700 |
| Dec 2025 | $2,500 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,400 |
| Mar 2026 | $2,400 |
| Apr 2026 | $2,600 |
| May 2026 | $2,428 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,000 | $2,750 | $3,300 | $3,300 | $2,400 |
| Townhomes | — | $2,650 | — | — | $2,650 |
| Apartments and Condos | $1,995 | $2,600 | $3,300 | $3,233 | $2,400 |
| Houses | — | $2,750 | $3,300 | $10,000 | $3,300 |
Frequently Asked Questions about Rentals in Melrose, MA
- What is the average rent in Melrose, MA?The average rent in Melrose, MA is $2,400. Rent prices range from $1,500 to as much as $10,000, depending on the type of rental.
- How does the rent in Melrose, MA compare to the national average?Average rent in Melrose, MA is about 26% higher than the national average rent of $1,910. That means it is more expensive to rent in Melrose compared to the U.S. average.
- What is the average rent in Melrose, MA, by number of bedrooms?The average rent in Melrose, MA is $2,481 for a studio, $2,000 for a 1 bedroom, $2,750 for a 2 bedroom, $3,300 for a 3 bedroom, and $3,300 for a 4 bedroom.
- How have rent prices in Melrose, MA changed compared to last year?In the past year, the average rent price in Melrose, MA has decreased by $200. That means the average rent is 8% lower than last year.
- How many available rental listings are in Melrose, MA?There are 58 available rental listings in Melrose, MA.
- What are some neighborhoods in Melrose, MA?Some neighborhoods in Melrose, MA include: East Side, Oak Grove/Pine Banks, Wyoming, Melrose Highlands, Downtown.
- What are some zip codes in Melrose, MA?Melrose, MA includes zip codes such as: 02176.
- What are some cities near Melrose, MA?