Cheap Apartments for Rent in Melrose, MA
79 rentals
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PET FRIENDLY$2,050 - $2,650/moFees may apply
1-2 Beds
1 Bath457 - 485 Pleasant Street | 457-485 Pleasant St,
Melrose, MA 02176
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PET FRIENDLYTotal price$2,437 - $4,960/moStudio-3 Beds1-2 BathsWindsor Radio Factory | 99 Washington St,
Melrose, MA 02176
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PET FRIENDLYTotal price$2,727 - $3,881/mo1-2 Beds1-2 BathsWindsor at Oak Grove | 12 Island Hill Ave,
Melrose, MA 02176
NEW - 13 HRS AGO
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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 increased in Aug 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| 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 | $2,420 |
| Jun 2026 | $2,750 |
| Jul 2026 | $2,400 |
| Aug 2026 | $2,800 |
Average Rent By Bedroom and Home Type
In August 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 | $2,250 | $2,900 | $3,500 | $3,950 | $2,800 |
| Townhomes | $2,975 | $3,000 | — | — | $2,975 |
| Apartments and Condos | $2,000 | $2,650 | $3,300 | $3,950 | $2,650 |
| Houses | — | $3,500 | $4,000 | $4,450 | $3,500 |
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 $2,484 per month. This is about 26% higher than the national average.
- When is the average rent cheapest in Melrose, MA?In the last year, the average rent in Melrose, MA was lowest in Jan 2025 when it was $2,500 per month.
- 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 $2,250 per month. That is about $350 more than the cost of a studio apartment.
- How many available rental listings are in Melrose, MA?There are 69 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?
View this page in Spanish: Apartamentos baratos en renta en Melrose, MA - 153 Rentas | Trulia