Cheap Homes for Rent in Downtown Melrose Neighborhood of Melrose, MA from $1,500 (27 Rentals)

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Cheap Homes in the Downtown Melrose area of Melrose.

Navigating the Rental Market: Tips for First-Time Renters

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Showing Results 1-27, Page 1 of 1

Downtown Melrose, Melrose, MA Local Guide

Cheapest Available Downtown Melrose Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
30 Howard St7H Falmouth1BR,1BA$1,600
Altitude ApartmentsStudio - PremiumStudio,1BA$1,850

Best Value Apartments for Rent in Downtown Melrose, MA

As of May 09, 2025 the best value apartment in the Downtown Melrose area is the $0.24 price per square foot 20 Washington Pl Model at 20 Washington Pl, Unit #114 in the in the Ferryway neighborhood starting from $2,375. The second greatest value Downtown Melrose apartment is the 22 Linden Rd Model at 22 Linden Rd starting at $2,450 with a $0.25 price per square foot in the Hammersmith Village neighborhood. Here is today’s list of the best values for Downtown Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
20 Washington Pl, Unit #11420 Washington Pl2BR,1BA$0.24
22 Linden Rd22 Linden Rd2BR,1BA$0.25
51 Mount Vernon St, Unit #551 Mount Vernon St2BR,1.5BA$0.28
82 Trueman Dr, Unit #182 Trueman Dr3BR,1BA$0.29
476 Fulton St, Unit 1476 Fulton St5BR,4.5BA$0.65
19 Brazil St, Unit 119 Brazil St4BR,2BA$2.11
104 Granville Ave, Unit 1104 Granville Ave4BR,1BA$2.19
230 Mountain Ave, Unit 230230 Mountain Ave3BR,2.5BA$1.88
40 Clark St, Unit #340 Clark St2BR,2BA$2.09
13 Radcliffe Rd, Unit #113 Radcliffe Rd1BR,1BA$2.22

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Frequently Asked Questions about Downtown Melrose

What type of rentals are currently available in Downtown Melrose?

There are currently 302 Apartments for Rent in Downtown Melrose, MA with pricing that ranges from $775 to $16,222. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Melrose ranging from $1,500 to $5,995.

What is the current price range for Rental Homes in Downtown Melrose?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Melrose ranges from $1,500 to $5,995 with an average monthly rent of $3,731.

How much are larger Three and Four Bedroom Rentals in Downtown Melrose?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Melrose range from $2,700 to $16,222, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,195 to $4,600. Four Bedroom Single-Family rentals are also available starting from $4,250 and Four Bedroom Apartments start at $3,500.

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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