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Cheap Apartments for Rent in Downtown Melrose

27 Rentals
.
  1. Building Photo - 340 Main St
    STUDIO, 1 BATH
    $1,600
    Total Monthly Price Total Monthly Price New
    Base Rent$1,600
    Required Monthly FeesNone
    Total Monthly Price$1,600

    340 Main St Unit 5

    340 Main St, Melrose, MA 02176
  2. Building Photo - 223 Essex St
    1 BED, 1 BATH
    $1,725
    Total Monthly Price Total Monthly Price New
    Base Rent$1,725
    Required Monthly FeesNone
    Total Monthly Price$1,725
         - 12 Month Lease

    223 Essex St Unit 4

    223 Essex St, Melrose, MA 02176
  3. Building Photo - Waverly Apartments
    1 BED, 1 BATH
    $1,850
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850
    Required Monthly FeesNone
    Total Monthly Price$1,850

    Waverly Apartments Unit 37

    223 Essex St, Melrose, MA 02176
  4. Building Photo - 37 Crystal St
    1 BED, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    37 Crystal St Unit 10

    37 Crystal St, Melrose, MA 02176
  5. Building Photo - 4 Melrose St
    STUDIO, 1 BATH
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000
         - 12 Month Lease

    4 Melrose St Unit #3

    4 Melrose St, Boston, MA 02116
  6. Building Photo - 40 Hurd St
    1 BED, 1 BATH
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100
         - 12 Month Lease

    40 Hurd St

    40 Hurd St, Melrose, MA 02176
    Apply
  7. 1 BED, 1 BATH
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100
         - 12 Month Lease

    40 Hurd St Unit 1

    40 Hurd St, Melrose, MA 02176
  8. 2 BEDS, 1 BATH
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200
         - 12 Month Lease

    47 W Wyoming Ave Unit 7

    47 W Wyoming Ave, Melrose, MA 02176
    Apply
  9. Building Photo - 51 Melrose St
    1 BED, 1 BATH
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200

    51 Melrose St Unit 5e

    51 Melrose St, Melrose, MA 02176
  10. Building Photo - 51 Melrose St
    1 BED, 1 BATH
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200

    51 Melrose St Unit 2A

    51 Melrose St, Melrose, MA 02176
  11. Building Photo - 40 Hurd St
    1 BED, 1 BATH
    $2,300
    Total Monthly Price Total Monthly Price New
    Base Rent$2,300
    Required Monthly FeesNone
    Total Monthly Price$2,300
         - 12 Month Lease

    40 Hurd St Unit 1

    40 Hurd St, Melrose, MA 02176
  12. Interior Photo - Corey10
    1 BED
    $2,400
    Plus Fees - 12 Month Lease

    Corey10

    10 Corey St, Melrose, MA 02176
  13. Building Photo - 27 W Wyoming Ave
    2 BEDS, 1 BATH
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500

    27 W Wyoming Ave

    27 W Wyoming Ave, Melrose, MA 02176
  14. Building Photo - 22 Linden Rd
    2 BEDS, 1 BATH
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500

    22 Linden Rd Unit 1

    22 Linden Rd, Melrose, MA 02176
  16. Building Photo - 99 Essex St
    2 BEDS, 1 BATH
    $2,650
    Total Monthly Price Total Monthly Price New
    Base Rent$2,650
    Required Monthly FeesNone
    Total Monthly Price$2,650

    99 Essex St Unit 14

    99 Essex St, Melrose, MA 02176
  17. Building Photo - 112 Lynde St
    2 BEDS, 1 BATH
    $2,700
    Total Monthly Price Total Monthly Price New
    Base Rent$2,700
    Required Monthly FeesNone
    Total Monthly Price$2,700

    112 Lynde St Unit 1

    112 Lynde St, Melrose, MA 02176

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Melrose at a Glance

Average Rent

N/A
(All bedrooms and property types)
0

School Rating

out of 10 Rating
Learn more about
Schools in Melrose
37

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Melrose
51

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Melrose

Downtown Melrose Neighborhood in Melrose, MA

When looking for cheap apartments in Downtown Melrose, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Melrose.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 18 cheap apartments available in Downtown Melrose, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Melrose

(For 1 bedroom apartments)

Getting Around Melrose

Transportation

92

Walker’s Paradise

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
51

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
37

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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