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This property features a prime location with easy access to public transit, numerous parks, and a vibrant social scene, including a vast selection of restaurants and mixed-use spaces. Additionally, it is recognized for its commitment to environmental sustainability and offers ample fitness and wellness options, catering to an active lifestyle. With strong value metrics in terms of price per square foot and extensive nearby educational facilities, it presents a well-rounded opportunity for various lifestyles.
Things you’ll love
Great for
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Outdoor Space |
Other
| Two Rooms |
One-time.
One-time. Refundable.

Property Status: Active Newly renovated one-bedroom apartment in Bay Village available September 1. This spacious and quiet garden-level unit features large south-facing windows that bring in excellent natural light. The apartment offers a modern open layout with a renovated kitchen equipped with stainless steel appliances, including a dishwasher and over-the-range microwave. Additional highlights include a side-by-side washer and dryer, luxury vinyl plank flooring, updated electrical and plumbing, and a beautifully renovated bathroom. Generous closet space and hydronic baseboard heat add to the comfort of the home. Enjoy access to a outdoor patio, perfect for relaxing or entertaining. Conveniently located near restaurants, public transportation, and everything Bay Village has to offer. Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 54 Melrose Street, Boston, MA 02116, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Bay Village |
|---|---|
| Zip code | 02116 |
| Type | Apartment for rent |
1-bedroom apartments at 54 Melrose St Apt 1 cost about 20% less than the average rent price for 1-bedroom apartments in Boston.
| Month | Median Rent |
|---|---|
| April 2024 | $2,858 |
| May 2024 | $2,816 |
| June 2024 | $2,800 |
| July 2024 | $2,800 |
| August 2024 | $2,800 |
| September 2024 | $2,815 |
| October 2024 | $2,890 |
| November 2024 | $2,933 |
| December 2024 | $2,906 |
| January 2025 | $2,825 |
| February 2025 | $2,831 |
| March 2025 | $2,850 |
| April 2025 | $2,868 |
| May 2025 | $2,877 |
| June 2025 | $2,850 |
| July 2025 | $2,873 |
| August 2025 | $2,959 |
| September 2025 | $2,910 |
| October 2025 | $2,900 |
| November 2025 | $2,899 |
| December 2025 | $2,894 |
| January 2026 | $2,926 |
| February 2026 | $2,943 |
| March 2026 | $3,021 |
| Month | Median Rent |
|---|---|
| April 2024 | $3,500 |
| May 2024 | $4,701 |
| June 2024 | $3,993 |
| July 2024 | $3,423 |
| August 2024 | $3,420 |
| September 2024 | $3,737 |
| October 2024 | $3,382 |
| November 2024 | $3,747 |
| December 2024 | $3,673 |
| January 2025 | $3,876 |
| February 2025 | $3,735 |
| March 2025 | $3,480 |
| April 2025 | $3,675 |
| May 2025 | $3,560 |
| June 2025 | $3,627 |
| July 2025 | $3,220 |
| August 2025 | $4,052 |
| September 2025 | $3,585 |
| October 2025 | $3,418 |
| November 2025 | $3,436 |
| December 2025 | $3,227 |
| January 2026 | $3,685 |
| February 2026 | $3,873 |
| March 2026 | $3,737 |
Can I afford to live at 54 Melrose St Apt 1?
Bedrooms
1 bedroomRent-to-income ratio
30%
$119,800/yr
| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $2,595 | 1 bed | 1 bath | ||
| 5 years ago | $2,495 | 1 bed | 1 bath | ||
| 5 years ago | $2,495 | 1 bed | 1 bath | ||
| 8 years ago | $2,200 | 1 bed | 1 bath | ||
| 11 years ago | $2,000 | 1 bed | 1 bath | ||
| 11 years ago | $1,900 | 1 bed | 1 bath | ||
| 12 years ago | $1,975 | 1 bed | 1 bath |
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