Cheap Apartments for Rent in Melrose, MA from $1,000 (93 Rentals)

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

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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22 Howard St
$2,0001 Bedroom, 1 Bath RentalsAvailable Now

22 Howard St

Melrose, MA 02176
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119 West Wyoming
1 Bedroom Apartments

119 West Wyoming

119 W Wyoming AveMelrose, MA 02176
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63 Fellsway W
$1,695Studio, 1 Bath RentalsAvailable May 1

63 Fellsway W

Medford, MA 02155
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53 Fellsway W
$1,700Studio, 1 Bath RentalsAvailable Apr 1

53 Fellsway W

Medford, MA 02155
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349 Pleasant St
$1,700Studio, 1 Bath RentalsAvailable May 1

349 Pleasant St

Malden, MA 02148
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86 Maple St
$1,8751 Bedroom, 1 Bath RentalsAvailable Now

86 Maple St

Malden, MA 02148
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Showing Results 1-50, Page 1 of 2

Melrose, MA Local Guide

Best Value Apartments for Rent in Melrose, MA

As of February 13, 2025 the best value apartment in the Melrose area is the $0.17 price per square foot 454 Main St Model at 454 Main St, Unit #1 in the in the Hammersmith Village neighborhood starting from $1,650. The second greatest value Melrose apartment is the 119 Myrtle St Model at 119 Myrtle St, Unit #4 starting at $1,750 with a $0.18 price per square foot in the Hammersmith Village 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.
454 Main St, Unit #1454 Main St1BR,1BA$0.17
119 Myrtle St, Unit #4119 Myrtle St1BR,1BA$0.18
450 Salem St, Unit 7450 Salem St1BR,1BA$0.18
69 Washington St, Unit #1869 Washington St1BR,1BA$0.20
347 Pleasant St, Unit A1-15347 Pleasant St1BR,1BA$0.20
61 Exchange St, Unit 861 Exchange St1BR,1BA$0.21
45 Bruno St, Unit #B45 Bruno St2BR,1BA$0.22
456 Salem St, Unit 1456 Salem St2BR,1BA$0.26
110 Laurel St, Unit #1110 Laurel St2BR,1BA$0.26
110 Laurel St, Unit #1110 Laurel St2BR,1BA$0.26

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Best Local Schools in
Melrose, MA

School data provided by Great Schools

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See the most popular apartments and homes in Melrose, MA

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Getting Around Melrose, MA

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

38 / 100

Some Transit

A few 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 the Cheapest Studio apartment in Melrose?

Currently the most affordable Cheap Studio Apartment in Melrose is at Altitude Apartments listed at $2,015.

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

The lowest price for a Cheap One Bedroom Melrose Apartment is $1,400 at .

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 $1,863 at The Washingtons.

What is the most affordable Melrose Three Bedroom Apartment?

The best deal on a cheap Melrose Three Bedroom Apartment rental is at and starts from $2,600.

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.

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