Cheap Homes for Rent in Melrose Highlands Neighborhood of Melrose, MA from $1,500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Melrose Highlands area of Melrose.

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.

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

Melrose Highlands, Melrose, MA Local Guide

Cheapest Available Melrose Highlands Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
30 Howard St7H Falmouth1BR,1BA$1,600
7 Falmouth St7H1BR,1BA$1,600

Best Value Apartments for Rent in Melrose Highlands, MA

As of April 29, 2025 the best value apartment in the Melrose Highlands area is the $0.18 price per square foot 119 Myrtle St Model at 119 Myrtle St, Unit #1 in the in the Hammersmith Village neighborhood starting from $1,750. The second greatest value Melrose Highlands 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 Melrose Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
119 Myrtle St, Unit #1119 Myrtle St1BR,1BA$0.18
22 Linden Rd22 Linden Rd2BR,1BA$0.25
51 Mount Vernon St, Unit #551 Mount Vernon St2BR,1.5BA$0.28
37 Sylvan Ave37 Sylvan Ave4BR,2BA$1.82
19 Brazil St, Unit 119 Brazil St4BR,2BA$2.11
110 W Wyoming Ave, Unit #2110 W Wyoming Ave2BR,1BA$2.19
5 Day St, Unit #25 Day St2BR,1BA$2.26
23 Rendall Pl, Unit #2323 Rendall Pl2BR,1BA$2.09
159 Franklin St, Unit #D3159 Franklin St2BR,1BA$2.27
55 Lynde Ave, Unit #255 Lynde Ave2BR,1BA$2.15

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

Frequently Asked Questions about Melrose Highlands

What type of rentals are currently available in Melrose Highlands?

There are currently 160 Apartments for Rent in Melrose Highlands, MA with pricing that ranges from $1,600 to $16,222. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose Highlands ranging from $1,500 to $5,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose Highlands ranges from $1,500 to $5,500 with an average monthly rent of $3,684.

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 The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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 Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.