Cheap Homes for Rent in Melrose, NY from $500 (14 Rentals)

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property at 194 8th St

194 8th St

TroyNY12180
property at 9 South Main St

9 South Main St

MechanicvilleNY12118

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.

property at 260 Madison St

260 Madison St

TroyNY12180

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
Cedar Park Apartments1 Bedroom1BR,1BA$1,336
Columbia ApartmentsColumbia Gardens 1 Bedroom1BR,1BA$1,350

Best Value Apartments for Rent in Melrose, NY and Nearby

As of April 26, 2025 the best value apartment in the Melrose area is the $1.35 price per square foot Brewster Model at Shelter Cove in the starting from $1,852. 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$1.35
Stoneledge LLVP LLCThe Hoosick 2A (Apt.5)2BR,2BA$1.53
City Lofts of Cohoes2BR/2.0BA2BR,2BA$1.64
Water's ViewColorado B1BR,1BA$1.53
Enclave at Duncan MeadowsTwo Bedroom2BR,2BA$1.49
Maplewood EstatesTwo Bedroom2BR,2BA$1.60
LandingsThe Amsterdam1BR,1BA$1.77
The Ridge ApartmentsRidge D1BR,1BA$1.65
The OverlookA1BR,1BA$1.69
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1.77

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Frequently Asked Questions about Melrose

What type of rentals are currently available in Melrose?

There are currently 37 Apartments for Rent in Melrose, NY with pricing that ranges from $1,025 to $3,301. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $575 to $3,200.

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 $575 to $3,200 with an average monthly rent of $1,590.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.