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5+ Days Ago
Location
50 Banks Pl, Melrose, MA 02176, USA|Oak Grove - Pine Banks
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 50 Banks Pl
Here you have the perfect blend of urban convenience coupled with picturesque surroundings. Located just 15 minutes from downtown Boston in the charming city of Melrose, the village-like community bustles with incredible possibilities for recreation, pleasure, and comfort. COMMUNITY AMENITIES: -Five-Minute Walk To The Oak Grove T Station On The Orange Line (12 Min To Boston) -Walk To The Shops At Oak Grove Village For Immediate Shopping Conveniences -Resort-Style Swimming Pool and Sundeck With Wi-Fi (Seasonal) -Online Payments Available -24-Hour Fitness Center With Modern Equipment and Cardio Theater -On-Site Concierge 7 Days A Week -Reserved Garage Parking -Stunning Resident Clubhouse With Conversational Seating, Gourmet Kitchen and Wi-Fi Access -Media Room With Movable, Plush Seating and Projection Screen TV/Video System -Adjacent To Pine Banks Park and Minutes From Middlesex Fells Reservation -Beautifully Manicured Grounds and Courtyards -Pedestrian Friendly Walkways and Areas To Jog -Bike Racks Available In The Garage -Pet-Friendly - Cats and Dogs Welcome! -On-Site Dog Park -Complimentary Package Receiving -Elevators -Energy-Star Appliances -On-Site Professional Management Seven Days A Week -Recycling -Furnished Apartments APARTMENT FEATURES: -Washer/Dryer Inside The Home -9-10 Foot Ceilings -Gorgeous Bay Windows* -Walk-In Closets -Central Air and Heat -Dishwashers -Garbage Disposals -Gourmet Kitchens -Hardwood Cabinets -Microwaves -Private Entrances* -Private Patio/Balconies* -Stainless-Steel Appliances* -Fireplaces* -Granite Countertops* *In Select Apartment Homes Provided by Listanza ID 26540827
Address details
| Neighborhood | Oak Grove - Pine Banks |
|---|---|
| Zip code | 02176 |
| Type | Apartment for rent |
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2-bedroom apartments at 50 Banks Pl cost about 14% less than the average rent price for 2-bedroom apartments in Melrose.
Median rents as of Jan 17 2026.
Oak Grove - Pine Banks
Melrose
| Month | Median Rent |
|---|---|
| February 2024 | $2,599 |
| March 2024 | $2,717 |
| April 2024 | $2,393 |
| May 2024 | $2,483 |
| June 2024 | $2,715 |
| July 2024 | $2,662 |
| August 2024 | $2,889 |
| September 2024 | $3,050 |
| October 2024 | $2,550 |
| November 2024 | $2,560 |
| December 2024 | $2,587 |
| January 2025 | $2,687 |
| February 2025 | $3,000 |
| March 2025 | $2,730 |
| April 2025 | $2,900 |
| May 2025 | $2,925 |
| June 2025 | $2,925 |
| July 2025 | $2,974 |
| August 2025 | $3,177 |
| September 2025 | $2,951 |
| October 2025 | $2,614 |
| November 2025 | $2,600 |
| December 2025 | $2,531 |
| January 2026 | $2,500 |
| Month | Median Rent |
|---|---|
| February 2024 | $3,516 |
| March 2024 | $3,490 |
| April 2024 | $3,476 |
| May 2024 | $3,585 |
| June 2024 | $3,519 |
| July 2024 | $3,544 |
| August 2024 | $3,481 |
| September 2024 | $3,522 |
| October 2024 | $3,331 |
| November 2024 | $3,250 |
| December 2024 | $3,094 |
| January 2025 | $3,201 |
| February 2025 | $3,511 |
| March 2025 | $3,605 |
| May 2025 | $3,569 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 6 years ago | $3,010 |
Schools near 50 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 50 Banks Pl
Getting around Melrose near 50 Banks Pl
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 50 Banks Pl, Melrose
Groceries
8/10
The nearest general grocery store is within a 10-minute walk, and there are also some specialist food stores nearby.
Shopping
4/10
Some fashion stores are within walking distance.
Cafes
3/10
Some cafés are within walking distance.
Restaurants
6/10
Several restaurants are within a short walk.
Primary schools
4/10
The closest elementary school is within a 15-to-20-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
10/10
Some very large parks and several other smaller parks in the area.
Nightlife
2/10
The closest bar is within a 20-minute walk, and there are a few other bars within walking distance.
Explore the area around 50 Banks Pl
Habesha Market Inc
525 Main St
Selenas Market
194 Salem St
Baba Supermarket
183 Pleasant St
India Bazzar
430 Main St
Stop & Shop Supermarket
99 Charles St
Joe Malaika Inc
47 Magnolia St
Target
471 Salem St
Precious Memories Bridal Shop
1256 Eastern Ave
BJ's Wholesale Club
278 Middlesex Ave
Lemus Livery Inc
180 Main St
Jitters Inc
12 Main St
Cloud Nine
40 W Wyoming Ave
Dunkin'
348 Main St
Honey Honey Cafe
480 Main St
Dunkin'
424 Main St
Pearl Street Station Restaurant & B.B.Q
53 Summer St
Hugh O'Neill's Restaurant & Pub
45 Pleasant St
Patrick's
40 Lebanon St
Winners Sports Bar & Grill
361 Ferry St
Karma Lounge
355 Ferry St
Real Health Food Inc
278 Main St
Silver Whisk Bake Shop LLC
72 Washington St
Sweet Spot Bakery
163 W Emerson St
Hoff's Bakery
35 Green St
Brix Bakery
20 Riverside Park
Spot Pond Brook
Patchell Playground
Pine Banks Park
Forestdale Cemetery
Waitts Mount Park
Bobby C's
20 Main St
Bobby C's Ristorante
20 Main St
Ocean Sushi
16 Oak Grove Ave
Jitters Cafe
12 Main St
J & Y Restaurant Inc
264 Washington St
377 Washington St
Redstone Shopping Center - Malden Center Station
349 Washington St
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Redstone Shopping Center - Malden Center Station
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Melrose Highlands - Malden Center Station, Reading Depot - Malden Center Station
Main St @ Oak Grove Ave
Melrose Highlands - Malden Center Station, Reading Depot - Malden Center Station
Oak Grove
Haverhill Line
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Haverhill Line, Haverhill Line
Malden Center
Haverhill Line
Melrose/Cedar Park
Haverhill Line, Haverhill Line
Melrose Highlands
Haverhill Line, Haverhill Line
Oak Grove
Orange Line
Malden Center
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Malden Center
Orange Line
Wellington
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Wellington
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