Cheap Apartments for Rent in Melrose, MA
64 rentals
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APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
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PET FRIENDLY
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APPLY INSTANTLY
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PET FRIENDLY
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PET FRIENDLY$2,150 - $2,595/moFees may apply
1-2 Beds
1 Bath457 - 485 Pleasant Street | 457-485 Pleasant St,
Melrose, MA 02176
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLY
PET FRIENDLY
PET FRIENDLY
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OPEN TUE, 5:30-6:30PM
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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 Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| 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 | $2,420 |
| Jun 2026 | $2,750 |
| Jul 2026 | $2,400 |
| Aug 2026 | $2,800 |
| Sep 2026 | $2,500 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,950 | $2,650 | $3,000 | $4,450 | $2,500 |
| Townhomes | — | $3,000 | $4,000 | — | $3,067 |
| Apartments and Condos | $1,900 | $2,550 | $2,900 | $7,875 | $2,400 |
| Houses | — | — | $3,000 | $4,450 | $3,000 |
Frequently Asked Questions about Rentals in Melrose, MA
- What is the average rent of an apartment in Melrose, MA?The average rent of an apartment in Melrose, MA is $2,401 per month. This is about 23% higher than the national average.
- What are the cheapest months to find an apartment to rent in Melrose, MA?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,500 per month.
- How many cheap apartments are available in Melrose, MA?There are 32 apartments to rent that are cheaper than the city’s average rent of $2,500.
- When is the average rent most expensive in Melrose, MA?In the last year, the average rent in Melrose, MA was highest in Jul 2025 when it was $3,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Melrose, MA?The average rent of a 1 bedroom apartment in Melrose, MA is $1,950 per month. That is about $150 more than the cost of a studio apartment.
- 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?
View this page in Spanish: Apartamentos baratos en renta en Melrose, MA - 133 Rentas | Trulia