Cheap Apartments for Rent in Melrose, NY from $1,000 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Melrose.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 194 8th St

194 8th St

TroyNY12180
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Midrise Apartments
1 Bedroom Apartments

Midrise Apartments

180 N Main StMechanicville, NY 12118
Senior Living

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.

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property at 9 South Main St

9 South Main St

MechanicvilleNY12118
property at 260 Madison St

260 Madison St

TroyNY12180
property at 119 Dunsbach Rd

119 Dunsbach Rd

Clifton ParkNY12065
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Melrose, NY Local Guide

Cheapest Available Melrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose, NY is a 1 Bed unit found at The Overlook priced from $1,075. The Peabody Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OverlookA1BR,1BA$1,075
The Peabody ApartmentsStudio AStudio,1BA$1,095
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,100
Twin Lakes ApartmentsChamplain1BR,1BA$1,194
Strawberry Ridge ApartmentsC1BR,1BA$1,250
Columbia ApartmentsColumbia Gardens 1 Bedroom1BR,1BA$1,316
Cedar Park Apartments1 Bedroom1BR,1BA$1,336
Enclave at Duncan MeadowsOne Bedroom1BR,1BA$1,400
The Ridge ApartmentsRidge B1BR,1BA$1,425
Riverstone1BD/1BR FIRST FLOOR1BR,1BA$1,475

Best Value Apartments for Rent in Melrose, NY and Nearby

As of May 10, 2025 the best value apartment in the Melrose area is the $1.33 price per square foot Brewster Model at Shelter Cove in the starting from $1,818. The second greatest value Melrose apartment is the The Hoosick 2A (Apt.5) Model at Stoneledge LLVP LLC starting at $2,040 with a $1.53 price per square foot . Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shelter CoveBrewster1BR,1BA$1.33
Stoneledge LLVP LLCThe Hoosick 2A (Apt.5)2BR,2BA$1.53
Water's ViewColorado A1BR,1BA$1.59
Maplewood EstatesTwo Bedroom2BR,2BA$1.60
Strawberry Ridge ApartmentsC1BR,1BA$1.42
The Ridge ApartmentsRidge B1BR,1BA$1.65
City Lofts of Cohoes1BR/1.5BA1BR,1.5BA$1.73
Enclave at Duncan MeadowsOne Bedroom1BR,1BA$1.68
The OverlookA1BR,1BA$1.69
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1.77

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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See the most popular apartments and homes in Melrose, NY

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Frequently Asked Questions about Cheap Melrose Apartments

What is the Cheapest Studio apartment in Melrose?

Currently the most affordable Cheap Studio Apartment in Melrose is at The Peabody Apartments listed at $1,095.

How much is rent for a Cheap One Bedroom Melrose Apartment?

The lowest price for a Cheap One Bedroom Melrose Apartment is $1,075 at The Overlook.

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 $1,300 at Diamond Rock Terrace Senior Apartments.

What is the most affordable Melrose Three Bedroom Apartment?

The best deal on a cheap Melrose Three Bedroom Apartment rental is at The Ridge Apartments and starts from $2,000.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.