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5+ Days Ago

Location

49 Banks Pl, Melrose, MA 02176, USA|Oak Grove - Pine Banks

Available rentals nearby

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Lumiere

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Wellington • 3780 Mystic Valley Pkwy

1 Bed

$2,651–$7,080

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
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Avalon Saugus

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Oakland Vale • 861 Broadway

1 Bed

$2,410–$2,860

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
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King`s Lynne

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115 Ocallaghan Way

1 Bed

$2,266–$2,395

The price shown reflects a 12-month lease. Fees may apply.
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Residences @ Malden Station

Our team has verified this company

Malden Center • 138 Pleasant St

1 Bed

$2,712

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
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One Webster

Our team has verified this company

Broadway • 1 Webster Ave

1 Bed

$2,180–$2,759

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 402 Highland Ave #2

402 Highland Ave #2, Somerville, MA, 02144

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Davis Square • 402 Highland Ave #2

1 Bed

$2,650

The price shown reflects a 12-month lease. Fees may apply.
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14 Murdock St #1-7, Somerville, MA, 02145

Our team has verified this company

Powder House • 14 Murdock St #1-7

1 Bed

$2,750

The price shown reflects a 12-month lease. Fees may apply.
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72 Washington St #6, Medford, MA, 02155

Our team has verified this company

Glenwood • 72 Washington St #6

1 Bed

$2,400

The price shown reflects a 12-month lease. Fees may apply.
featured image of 3780 Mystic Valley Pkwy

Lumiere

Our team has verified this company

Wellington • 3780 Mystic Valley Pkwy

1 Bed

$2,651–$7,080

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 861 Broadway

Avalon Saugus

Our team has verified this company

Oakland Vale • 861 Broadway

1 Bed

$2,410–$2,860

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 115 Ocallaghan Way

King`s Lynne

Our team has verified this company

115 Ocallaghan Way

1 Bed

$2,266–$2,395

The price shown reflects a 12-month lease. Fees may apply.
featured image of 138 Pleasant St

Residences @ Malden Station

Our team has verified this company

Malden Center • 138 Pleasant St

1 Bed

$2,712

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 1 Webster Ave

One Webster

Our team has verified this company

Broadway • 1 Webster Ave

1 Bed

$2,180–$2,759

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
featured image of 402 Highland Ave #2

402 Highland Ave #2, Somerville, MA, 02144

Our team has verified this company

Davis Square • 402 Highland Ave #2

1 Bed

$2,650

The price shown reflects a 12-month lease. Fees may apply.
featured image of 14 Murdock St #1-7

14 Murdock St #1-7, Somerville, MA, 02145

Our team has verified this company

Powder House • 14 Murdock St #1-7

1 Bed

$2,750

The price shown reflects a 12-month lease. Fees may apply.
featured image of 72 Washington St #6

72 Washington St #6, Medford, MA, 02155

Our team has verified this company

Glenwood • 72 Washington St #6

1 Bed

$2,400

The price shown reflects a 12-month lease. Fees may apply.

Rent trends in Oak Grove - Pine Banks

1-bedroom apartments at 49 Banks Pl cost about 13% less than the average rent price for 1-bedroom apartments in Melrose.

Median rents as of May 2 2026.
Oak Grove - Pine Banks
Melrose
A table of 1-bedroom apartment rental data trends in Melrose
MonthMedian Rent
May 2024$2,000
June 2024$2,000
July 2024$2,012
August 2024$2,238
September 2024$2,247
October 2024$2,042
November 2024$2,187
December 2024$2,173
January 2025$2,021
February 2025$2,117
March 2025$2,198
April 2025$2,135
May 2025$1,968
June 2025$2,590
July 2025$2,713
August 2025$2,696
September 2025$2,416
October 2025$1,799
November 2025$1,832
December 2025$2,066
January 2026$2,052
February 2026$2,010
March 2026$2,000
April 2026$2,056
May 2026$2,100
A table of 1-bedroom apartment rental data trends in Oak Grove - Pine Banks
MonthMedian Rent
May 2024$3,057
June 2024$3,019
July 2024$3,001
August 2024$3,002
September 2024$2,885
October 2024$2,708
November 2024$2,520
December 2024$2,636
January 2025$2,604
February 2025$2,518
March 2025$2,593
April 2025$3,018
May 2025$2,980
June 2025$2,817
July 2025$2,915
August 2025$3,007
September 2025$2,930
April 2026$2,808
May 2026$2,787

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 49 Banks Pl, Melrose, MA.
6 years ago$2,425

Schools near 49 Banks Pl

Lincoln Elementary School

80 west wyoming ave

melrose, MA, 2176

K-5Public
A-

Hoover Elementary School

37 glendower rd

melrose, MA, 2176

K-5Public
B+

Winthrop Elementary School

162 first st

melrose, MA, 2176

K-5Public
A

Roosevelt Elementary School

253 vinton st

melrose, MA, 2176

K-5Public
A

Early Childhood Center

16 franklin st

melrose, MA, 2176

PK, KPublic
B+
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Internet available near 49 Banks Pl

Getting around Melrose near 49 Banks Pl

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 49 Banks Pl, Melrose

Groceries

6/10
The nearest general grocery store is within a 15-minute walk, and there are also some specialist food stores nearby.

Shopping

4/10
Some fashion stores are within walking distance.

Cafes

5/10
The closest café is within a 10-minute walk, and there are some other cafés within walking distance.

Restaurants

5/10
Several restaurants are within a short walk.

Primary schools

5/10
The closest elementary school is within a 15-to-20-minute walk.

High schools

2/10
The closest high school is within a 20-to-30-minute walk.

Parks

10/10
Some large parks and several other smaller parks in the area.

Nightlife

1/10
Few bars are within walking distance.

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