Bedroom count
Property type
Last updated on June 14, 2026
Last updated on June 14, 2026
Bedroom count
Property type
Median rent in Downtown Melrose
$2,600/mo
vs previous year
The average rent in Downtown Melrose is $2,600 per month as of June 2026. This is 33% above the national average rent, or $650 more per month.
average price per square foot
Available rentals in Downtown Melrose
19
for rent on Zumper.com as of June 2026
Share of Downtown Melrose rentals at each price point
Average rent prices in Downtown Melrose have remained the same over the last month and have decreased by 4% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Downtown Melrose vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Melrose is $2,350, whereas a house costs $3,825. 1-bedroom apartments in Downtown Melrose run $1,895 on average, while 2-bedroom apartments are $3,100.
Listings | ||||
|---|---|---|---|---|
Studio | $1,800 | - | - | |
1 bedroom | $2,425 | No Change | 1% | |
2 bedroom | $2,895 | 1% | 2% | |
3 bedroom | $3,500 | 10% | - | |
4 bedroom | $4,750 | No Change | - |
Listings | ||
|---|---|---|
Melrose East Side | $2,750 | |
Melrose Highlands | $2,800 | |
North Medford | $3,500 | |
Oak Grove Pine Banks | $3,056 | |
Oakland Vale | $2,800 | |
Wyoming | $2,800 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,350 | 3% | No Change | |
Condos | $1,450 | 20% | - | |
Houses | $3,825 | No Change | No Change |
Studio
Average rent
$1,800
1 bedroom
Average rent
$2,425
Last 30 days
No Change
Last year
1%
2 bedroom
Average rent
$2,895
Last 30 days
1%
Last year
2%
3 bedroom
Average rent
$3,500
Last 30 days
10%
4 bedroom
Average rent
$4,750
North Medford
Average rent
$3,500
Melrose East Side
Average rent
$2,750
Melrose Highlands
Average rent
$2,800
Oak Grove Pine Banks
Average rent
$3,056
Wyoming
Average rent
$2,800
Oakland Vale
Average rent
$2,800
Apartments
Average rent
$2,350
Last 30 days
3%
Condos
Average rent
$1,450
Last 30 days
20%
Houses
Average rent
$3,825
The table above reflects average rent prices in Downtown Melrose, Melrose, MA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Downtown Melrose and North Medford by all bedroom counts and property types.
Downtown Melrose
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Downtown Melrose, Melrose, MA is 26% lower than the median rent in North Medford, Medford, MA.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Downtown Melrose rental market.
The average rent in Downtown Melrose is $2,600 per month as of June 13, 2026.
Average rent prices in Downtown Melrose have remained the same over the last month and have decreased by 4% since last year.
Rent in Downtown Melrose is 33% above the national average, which means renters are paying approximately $650 more per month.
To comfortably afford rent in Downtown Melrose, you'd need to earn approximately $104,000/year, based on spending no more than 30% of your income on rent.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).