
Cheap Apartments for Rent in Melrose, NM from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose.


210 W 9th St

503 W 1st St

113-1155 E 5th St

1524 S Avenue H, Unit 1524 S Ave H

109 S Boston Ave

601-603 W 1st St

1900 W Rte 66 Blvd

510 E 1st St
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.

1103 N Boston Ave

1404 S Avenue J
Melrose, NM Local Guide

How much does it cost to rent an apartment in Melrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melrose Studio Apartments | $600 | $600 | $600 |
Melrose 1 Bedroom Apartments | $695 | $495 | $1,050 |
Melrose 2 Bedroom Apartments | $1,056 | $585 | $1,318 |
Melrose 3 Bedroom Apartments | $1,000 | $1,000 | $1,000 |
Browse Top Apartments in Melrose
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Melrose, NM Local Guide
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Cheapest Available Melrose Apartments for Rent and Nearby
 The cheapest available apartment rental in Melrose, NM is a 2 Beds unit found at Townsgate Apartments priced from $949. Gidding Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Melrose apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $949 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $950 |
2100 Fred Daugherty Ave | Fred Daugherty L | 2BR,2BA | $1,000 |
Raintree Apartments | C1 | 2BR,2BA | $1,272 |
Best Value Apartments for Rent in Melrose, NM and Nearby
As of April 29, 2025 the best value apartment in the Melrose area is the $1.06 price per square foot 2640 E 14th St Model at 2640 E 14th St, Unit A in the starting from $1,250. The second greatest value Melrose apartment is the 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave starting at $1,000 with a $0.91 price per square foot . Here is today’s list of the best values for Melrose apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2640 E 14th St, Unit A | 2640 E 14th St | 2BR,2BA | $1.06 |
2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
Raintree Apartments | C1 | 2BR,2BA | $1.32 |
Townsgate Apartments | 129 Townsgate | 2BR,1BA | $1.06 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
1524 S Avenue H, Unit 1524 S Ave H | 1524 S Avenue H | 1BR,1BA | $0.92 |
108 Wallace St, Unit #2 | 108 Wallace St | 1BR,1BA | $1.35 |
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Getting Around Melrose, NM
Walk Score®
7 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
28 / 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 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 $949 at Townsgate Apartments.
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.

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.

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.

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.

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.