New Townhomes For Rent in Melrose, MA

5 rentals

Apartments For Rent Near Melrose, MA

We found 30 more apartments matching your filters just outside Melrose

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 for a townhome decreased in Nov 2026 compared to the previous month. Rent for townhomes peaked in Jun 2025.
MonthAverage rent
Oct 2025$3,500
Nov 2025$3,500
Dec 2025$3,500
Jan 2026$2,695
Feb 2026$3,500
Mar 2026$2,851
Apr 2026$3,440
Jul 2026$2,400
Aug 2026$2,975
Sep 2026$3,200
Oct 2026$3,000
Nov 2026$2,700
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,975$2,750$3,300$3,400$2,600
Townhomes—$2,395$6,500—$2,395
Apartments and Condos$1,971$2,700$3,300$3,400$2,500
Houses——$2,878$4,200$3,975
See more information about local market trends in Melrose, MA

Frequently Asked Questions about Townhomes for rent in Melrose, MA

  • What is the average rent of a townhome in Melrose, MA?
    The average rent of a townhome in Melrose, MA is $2,395 per month. This is about 24% higher than the national average.
  • When is the average rent for a townhome cheapest in Melrose, MA?
    In the last year, the average rent in Melrose, MA was lowest in Jul 2025 when it was $3,295 per month.
  • When is the average rent for a townhome most expensive in Melrose, MA?
    In the last year, the average rent in Melrose, MA was highest in Jun 2025 when it was $4,500 per month.
  • How does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in Melrose, MA?
    The average rent of a 3 bedroom townhome in Melrose, MA is $6,500 per month. That is about $4,105 more than the cost of a 2 bedroom townhome.
  • How many townhomes are available to rent in Melrose, MA?
    There are 2 available townhomes to rent 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?
    Some nearby cities include: Malden, Stoneham, Saugus, Wakefield, Medford. These cities may have more rental options to explore.
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