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from $968Studio to 1 Bedroom Apartments Available Now
Campus View Apartments
10 Brevator StAlbany, NY 12203
Cheap Apartments for Rent in the Melrose Neighborhood of Albany, NY from $900 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Melrose area of Albany.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,200Studio to 2 Bedroom Apartments Available Now
100 Chestnut St
100 Chestnut StAlbany, NY 12210
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Melrose, Albany, NY Local Guide
How much does it cost to rent an apartment in Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose Studio Apartments | $1,114 | $968 | $1,245 |
| Melrose 1 Bedroom Apartments | $1,390 | $968 | $2,245 |
| Melrose 2 Bedroom Apartments | $1,663 | $1,395 | $2,420 |
| Melrose 3 Bedroom Apartments | $1,878 | $1,525 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Melrose Neighborhood of Albany, NY.
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Melrose, Albany, NY Local Guide
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Cheapest Available Melrose Apartments for Rent
The cheapest available apartment rental in the Melrose area of Albany, NY is a 1 Bed unit found at Campus View Apartments priced from $968. 11 S Lake has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Melrose apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus View Apartments | Studio | 1BR,1BA | $968 |
| 11 S Lake | Studio Apartment | Studio,1BA | $1,000 |
| Danker Village | 1 Bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Melrose, NY
As of May 18, 2025 the best value apartment in the Melrose area is the $0.89 price per square foot The James Model at 44 James in the in the Melrose neighborhood starting from $1,995. The second greatest value Melrose apartment is the 50 N Pine Ave Model at 50 N Pine Ave, Unit 1 starting at $2,200 with a $1.29 price per square foot in the Melrose neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 44 James | The James | 2BR,1BA | $0.89 |
| 50 N Pine Ave, Unit 1 | 50 N Pine Ave | 3BR,1.5BA | $1.29 |
| Danker Village | 2 Bedroom | 2BR,1BA | $2.16 |
| 11 S Lake | Studio Apartment | Studio ,1BA | $1.82 |
| 100 Chestnut St | Studio, 1 bath | Studio ,1BA | $2.40 |
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Pet Friendly LifestyleMelrose, Albany, NY
Ranked #5
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Melrose Neighborhood in Albany, NY
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
64 / 100
Bikeable
Some bike infrastructure
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Melrose Apartments
What is a cheap apartment in Melrose?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melrose is under $1,995.
What is the price of a cheap apartment in Melrose?
The cheapest apartment in Melrose is Campus View Apartments which is listed at $968, while the average apartment in Melrose costs $2,200.
What types of apartments are the cheapest in Melrose?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Melrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY
Written by: Patrick Ryan
Albany, the capital of New York state, is a renter’s haven. With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.