Cheap Apartments for Rent in Melrose, MA
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PET FRIENDLY$2,350 - $2,400/moFees may apply
1 Bed
1 Bath457 - 485 Pleasant Street | 457-485 Pleasant St #467-36,
Melrose, MA 02176
PET FRIENDLY$2,375 - $3,275/moFees may apply1-2 Beds1-2 BathsCorey10 | 10 Corey St #475692ddc,
Melrose, MA 02176
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SPECIAL OFFERPET FRIENDLYTotal price$2,525 - $3,695/mo1-2 Beds1-2 BathsThe Washingtons | 2 Washington St #37-37-102,
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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $2,750 |
Average Rent By Bedroom and Home Type
In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,200 | $2,977 | $3,500 | $4,750 | $2,800 |
| Townhomes | $2,400 | — | — | — | $2,400 |
| Apartments and Condos | $1,895 | $2,750 | $3,367 | $3,000 | $2,450 |
| Houses | — | $3,300 | $4,200 | $4,750 | $4,200 |
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 $2,703 per month. This is about 39% higher than the national average.
- What is the average rent of a house in Melrose, MA?The average rent of a house in Melrose, MA is $4,200 per month. This is about 115% higher than the national average.
- What is the average rent of a townhome in Melrose, MA?The average rent of a townhome in Melrose, MA is $2,400 per month. This is about 23% 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 $2,200 per month. That is about $300 more than the cost of a studio apartment.
- How many available rental listings are in Melrose, MA?There are 63 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?