510 E 1st St
PortalesNM88130
Cheap Homes for Rent in Melrose, NM from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.
1103 N Boston Ave
PortalesNM88130
1404 S Avenue J
PortalesNM88130
506 E 1st St
PortalesNM88130
112 Sasser Dr
ClovisNM88101
900 E Danube St
PortalesNM88130
1525 N Reid St
ClovisNM88101
1109 Davis St
ClovisNM88101
808 S Elgin Ave
PortalesNM88130
812 S Elgin Ave
PortalesNM88130
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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 a home in Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose 2 Bedroom Homes for Rent | $1,053 | $800 | $1,495 |
| Melrose 3 Bedroom Homes for Rent | $1,331 | $725 | $1,800 |
| Melrose 4 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
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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 |
Best Value Apartments for Rent in Melrose, NM and Nearby
As of April 09, 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 |
| Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $1.05 |
| Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
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Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 42 Apartments for Rent in Melrose, NM with pricing that ranges from $475 to $1,600. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $425 to $1,800.
What is the current price range for Rental Homes in Melrose?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose ranges from $425 to $1,800 with an average monthly rent of $1,011.
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.