Cheap Apartments for Rent in the Oak Grove Pine Banks Neighborhood of Melrose, MA from $1,200 (103 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Oak Grove Pine Banks area of 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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property at 22 Howard St

22 Howard St

MelroseMA02176
property at 340 Main St

340 Main St

MelroseMA02176
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119 West Wyoming
1 Bedroom Apartments

119 West Wyoming

119 W Wyoming AveMelrose, MA 02176
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32 Tappan St.
2 Bedroom Apartments

32 Tappan St.

32 Tappan StMelrose, MA 02176
property at 63 Fellsway W

63 Fellsway W

MedfordMA02155
property at 53 Fellsway W

53 Fellsway W

MedfordMA02155
property at 86 Maple St

86 Maple St

MaldenMA02148
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Oak Grove Pine Banks, Melrose, MA Local Guide

Cheapest Neighborhoods for Apartments in Oak Grove Pine Banks, MA

Pricing Updated: 03/21/2025

Current apartment rentals in the Oak Grove Pine Banks, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Oak Grove Pine Banks Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Oak Grove Pine Banks Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Altitude ApartmentsStudioStudio,1BA$1,800

Best Value Apartments for Rent in Oak Grove Pine Banks, MA

As of March 21, 2025 the best value apartment in the Oak Grove Pine Banks area is the $0.18 price per square foot 456 Salem St Model at 456 Salem St, Unit 6 in the in the Ferryway neighborhood starting from $1,800. The second greatest value Oak Grove Pine Banks apartment is the 480 Fulton St Model at 480 Fulton St, Unit Right starting at $5,300 with a $0.53 price per square foot in the Ferryway neighborhood. Here is today’s list of the best values for Oak Grove Pine Banks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
456 Salem St, Unit 6456 Salem St1BR,1BA$0.18
480 Fulton St, Unit Right480 Fulton St4BR,4.5BA$0.53
60 Pinkert St, Unit 260 Pinkert St3BR,1BA$0.31
20 Washington Pl, Unit #11420 Washington Pl2BR,1BA$0.24
450 Salem St, Unit 7450 Salem St1BR,1BA$0.18
39 Watts St, Unit 39 Watts St39 Watts St5BR,2BA$0.40
8 Shawmut Ter, Unit #18 Shawmut Ter1BR,1BA$0.20
10 Water St, Unit 210 Water St4BR,1BA$0.40
340 Salem St, Unit #1340 Salem St1BR,1BA$0.23
330 Salem St, Unit 11330 Salem St1BR,1BA$1.58

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Pet Friendly Lifestyle
Oak Grove Pine Banks, Melrose, MA

Ranked #9

Among neighborhoods in Melrose, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Oak Grove Pine Banks, Melrose, MA

School data provided by Great Schools

Best Local Schools in
Oak Grove Pine Banks, Melrose, MA

School data provided by Great Schools

Getting Around the Oak Grove Pine Banks Neighborhood in Melrose, MA

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

50 / 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 Oak Grove Pine Banks Apartments

What is a cheap apartment in Oak Grove Pine Banks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oak Grove Pine Banks is under $1,800.

What is the price of a cheap apartment in Oak Grove Pine Banks?

The cheapest apartment in Oak Grove Pine Banks is Altitude Apartments which is listed at $1,825, while the average apartment in Oak Grove Pine Banks costs $7,975.

What types of apartments are the cheapest in Oak Grove Pine Banks?

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 538 regular apartments in Oak Grove Pine Banks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Oak Grove Pine Banks?

Cheap apartments in Oak Grove Pine Banks have an average cost of $281 which is $7,694 cheaper than the average rent for all rentals in Oak Grove Pine Banks.

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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