Cheap Apartments for Rent in Melrose, IA from $600 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Melrose.

close
View Me
Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
  • Utilities Included
close
View Me
Williams Terrace
1 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
Showing Results 1-26, Page 1 of 1

Melrose, IA Local Guide

Cheapest Available Melrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose, IA is a 1 Bed unit found at Melbourne in the Southeast Des Moines neighborhood priced from $627. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $641. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MelbourneA2 - 40 - Income Restricted1BR,1BA$627
Foxwood ApartmentsB22BR,1BA$641
Tisdale Apartments2 Bedroom2BR,1BA$650
The RidgesS1 - RenovatedStudio,1BA$710
The Hampton MeadowsA1 - Renovated1BR,1BA$740
East Park Apartments1/2 Story Down2BR,1BA$750
Indianola Park Apartments1BR Ground1BR,1BA$755
Prairie Village Apartments1BR/1.0BA1BR,1BA$805
SomersetB22BR,1BA$808
Willow Bend1 Bedroom1BR,1BA$810

Best Value Apartments for Rent in Melrose, IA and Nearby

As of April 15, 2025 the best value apartment in the Melrose area is the $1.14 price per square foot Sign a 13 Month Lease, Get the 13th Month Free! Model at Lincoln Ridge by Kading in the in the Easton Park neighborhood starting from $1,150. The second greatest value Melrose apartment is the 2 Bedroom Model at Carman Estates starting at $1,170 with a $1.18 price per square foot in the Southeast Des Moines neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lincoln Ridge by KadingSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Carman Estates2 Bedroom2BR,2BA$1.18
The Meadows2 Bedroom2BR,1BA$0.91
Orchard Lane Apartments2BR/1.0BA2BR,1BA$0.96
Northern Plains by KadingCottage - 22BR,1BA$1.07
Next Level Apartments - Deer RunB12BR,1BA$1.03
SomersetB12BR,1BA$1.08
Willow Bend1 Bedroom1BR,1BA$1.13
Tisdale Apartments2 Bedroom2BR,1BA$0.93
Foxwood ApartmentsA21BR,1BA$1.16

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Melrose, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Melrose, IA

View MapMelrose, IA Apartments MapView MapMelrose, IA Rental Homes Map

Getting Around Melrose, IA

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

15 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 the Cheapest Studio apartment in Melrose?

Currently the most affordable Cheap Studio Apartment in Melrose is at The Ridges listed at $710.

How much is rent for a Cheap One Bedroom Melrose Apartment?

The lowest price for a Cheap One Bedroom Melrose Apartment is $627 at Melbourne.

What is the lowest price for a Cheap Two Bedroom Melrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Melrose is starting from $641 at Foxwood Apartments.

What is the most affordable Melrose Three Bedroom Apartment?

The best deal on a cheap Melrose Three Bedroom Apartment rental is at The Meadows and starts from $950.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.