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Cheap Apartments for Rent in Downtown Melrose

30 Rentals
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  3. 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

    223 Essex St, Melrose, MA 02176
  4. Building Photo - 104 W Emerson St
    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
         - 12 Month Lease

    104 W Emerson St Unit 3

    104 W Emerson St, Melrose, MA 02176
    Apply
  5. 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. 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. Building Photo - 99 Essex 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

    99 Essex St Unit 2

    99 Essex St, Melrose, MA 02176
  8. Building Photo - 16 Beacon Pl
    1 BED, 1 BATH
    $2,250
    Total Monthly Price Total Monthly Price New
    Base Rent$2,250
    Required Monthly FeesNone
    Total Monthly Price$2,250

    16 Beacon Pl Unit 16

    16 Beacon Pl, Melrose, MA 02176
  9. 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

    524 Main St Unit 8

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

    Corey10

    10 Corey St, Melrose, MA 02176
  11. Building Photo - 137 Lynde St
    2 BEDS, 1 BATH
    $2,400
    Total Monthly Price Total Monthly Price New
    Base Rent$2,400
    Required Monthly FeesNone
    Total Monthly Price$2,400

    137 Lynde St

    137 Lynde St, Melrose, MA 02176
  12. Building Photo - 51 Lynde St
    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

    51 Lynde St Unit 3

    51 Lynde St, Melrose, MA 02176
  13. Building Photo - 27 W Wyoming Ave
    2 BEDS, 1 BATH
    $2,600
    Total Monthly Price Total Monthly Price New
    Base Rent$2,600
    Required Monthly FeesNone
    Total Monthly Price$2,600
         - 12 Month Lease

    27 W Wyoming Ave Unit #3

    27 W Wyoming Ave, Melrose, MA 02176
  14. Building Photo - 31 1st St
    2 BEDS, 1 BATH
    $2,600
    Total Monthly Price Total Monthly Price New
    Base Rent$2,600 - $2,700
    Required Monthly FeesNone
    Total Monthly Price$2,600 - $2,700
         - 12 Month Lease

    31 1st St

    31 1st St, Melrose, MA 02176
  15. Building Photo - 27 W Wyoming Ave
    2 BEDS, 1 BATH
    $2,600
    Total Monthly Price Total Monthly Price New
    Base Rent$2,600
    Required Monthly FeesNone
    Total Monthly Price$2,600

    27 W Wyoming Ave

    27 W Wyoming Ave, Melrose, MA 02176
  17. Building Photo - 112 Lynde St
    2 BEDS, 1 BATH
    $3,000
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly FeesNone
    Total Monthly Price$3,000

    112 Lynde St Unit 1

    112 Lynde St, Melrose, MA 02176
  19. Building Photo - 560 Lebanon St
    2 BEDS, 1.5 BATHS
    $3,100
    Total Monthly Price Total Monthly Price New
    Base Rent$3,100
    Required Monthly FeesNone
    Total Monthly Price$3,100

    560 Lebanon St Unit 301

    560 Lebanon St, Melrose, MA 02176
  20. Building Photo - 85 Lynde St
    3 BEDS, 2 BATHS
    $3,550
    Total Monthly Price Total Monthly Price New
    Base Rent$3,550
    Required Monthly FeesNone
    Total Monthly Price$3,550

    85 Lynde St Unit 1

    85 Lynde St, Melrose, MA 02176
  21. 4 BEDS, 2 BATHS
    $3,550
    Total Monthly Price Total Monthly Price New
    Base Rent$3,550
    Required Monthly FeesNone
    Total Monthly Price$3,550

    18 Beacon Pl Unit 18

    18 Beacon Pl, Melrose, MA 02176
  22. 2 BEDS, 2 BATHS
    $4,000
    Total Monthly Price Total Monthly Price New
    Base Rent$4,000
    Required Monthly FeesNone
    Total Monthly Price$4,000

    93 W Emerson St

    93 W Emerson 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 22 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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