2120 W 7th St
ClovisNM88101
Cheap Apartments for Rent in Melrose, NM from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose.
210 W 9th St
PortalesNM88130
117 S Boston Ave
PortalesNM88130
503 W 1st St
PortalesNM88130
113-1155 E 5th St
PortalesNM88130
818 S Avenue A
PortalesNM88130
109 S Boston Ave
PortalesNM88130
510 E 1st St
PortalesNM88130
close
View Me
close
View Me
1103 N Boston Ave
PortalesNM88130
1404 S Avenue J
PortalesNM88130
close
View Me
Showing Results 1-13, Page 1 of 1
Melrose, NM Local Guide
Fields and grasslands of New Mexico by uıɐɾ ʞ ʇɐɯɐs is licensed under CC BY 2.0
How much does it cost to rent an apartment in Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose 1 Bedroom Apartments | $737 | $475 | $1,062 |
| Melrose 2 Bedroom Apartments | $1,061 | $575 | $1,600 |
| Melrose 3 Bedroom Apartments | $973 | $795 | $1,175 |
Browse Top Apartments in Melrose
See all Apartments in MelroseExplore Melrose
Melrose, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 06, 2025 the best value apartment in the Melrose area is the $0.91 price per square foot 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave in the starting from $1,000. The second greatest value Melrose apartment is the C1 Model at Raintree Apartments starting at $1,299 with a $1.32 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. |
|---|---|---|---|
| 2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
| Raintree Apartments | C1 | 2BR,2BA | $1.32 |
| Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
| Townsgate Apartments | 129 Townsgate | 2BR,1BA | $1.06 |
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.
Let everyone know!
Do you know the Melrose area?
If you’re an expert on all things Melrose, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melrose, NM Rentals by Map
See the most popular apartments and homes in Melrose, NM
Melrose, NM Apartments MapMelrose, NM Rental Homes MapGetting 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.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.