Bedroom count
Property type
Last updated on September 16, 2026
Average rent in
Downtown Melrose, Melrose, MA
Average rent in
Last updated on September 16, 2026
Bedroom count
Property type
Median rent
Median rent in Downtown Melrose
$2,250/mo
28%vs previous year
The average rent in Downtown Melrose is $2,250 per month as of September 2026. This is 18% above the national average rent, or $350 more per month.
average price per square foot
Total rentals
Available rentals in Downtown Melrose
18
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Downtown Melrose rentals at each price point
Rent trends in Downtown Melrose, Melrose, MA
Average rent prices in Downtown Melrose have decreased by 8% over the last month and have decreased by 28% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Downtown Melrose, Melrose, MA
Rent prices in Downtown Melrose vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Melrose is $2,629, whereas a house costs $3,625. 1-bedroom apartments in Downtown Melrose run $1,850 on average, while 2-bedroom apartments are $3,000.
Listings | ||||
|---|---|---|---|---|
Studio | $2,650 | - | - | |
1 bedroom | $2,100 | 1% | 8% | |
2 bedroom | $2,895 |  2% | 9% | |
3 bedroom | $2,900 | No Change | - | |
4 bedroom | $4,450 | No Change | - |
Listings | ||
|---|---|---|
Melrose East Side | $2,925 | |
Melrose Highlands | $2,600 | |
North Medford | $3,100 | |
Oak Grove Pine Banks | $2,990 | |
Oakland Vale | $3,009 | |
Wyoming | $2,125 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,629 | 1% | No Change | |
Condos | $2,300 | 11% | No Change | |
Houses | $3,625 | 41% | - |
Studio
Average rent
$2,650
1 bedroom
Average rent
$2,100
Last 30 days
1%
Last year
8%
2 bedroom
Average rent
$2,895
Last 30 days
2%
Last year
9%
3 bedroom
Average rent
$2,900
4 bedroom
Average rent
$4,450
North Medford
Average rent
$3,100
Melrose East Side
Average rent
$2,925
Melrose Highlands
Average rent
$2,600
Oak Grove Pine Banks
Average rent
$2,990
Wyoming
Average rent
$2,125
Oakland Vale
Average rent
$3,009
Apartments
Average rent
$2,629
Last 30 days
1%
Condos
Average rent
$2,300
Last 30 days
11%
Houses
Average rent
$3,625
Last 30 days
41%
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.
How does rent in Downtown Melrose, Melrose, MA compare to other neighborhoods?
Compare median rent prices in Downtown Melrose and North Medford by all bedroom counts and property types.
Downtown Melrose
18%higher than the national median
63%higher than the national median
Takeaway
The median rent for all rentals in Downtown Melrose, Melrose, MA is 27% lower than the median rent in North Medford, Medford, MA.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
Discover rentals in Downtown Melrose, Melrose, MA
48m ago
585 Main St, Melrose, MA 02176
1–3 beds
1–2 baths
$2,700–$4,200
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
5d+ ago
Downtown Melrose condo for rent in Melrose
822 Main St #FRONT, Melrose, MA 02176
1 bed
1 bath
$2,200
The price shown reflects a 12-month lease. Fees may apply.Condo for rent
Available Sep 11
48m ago
585 Main St, Melrose, MA 02176
1–3 beds
1–2 baths
$2,700–$4,200
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
5d+ ago
Downtown Melrose condo for rent in Melrose
822 Main St #FRONT, Melrose, MA 02176
1 bed
1 bath
$2,200
The price shown reflects a 12-month lease. Fees may apply.Condo for rent
Available Sep 11
5d+ ago
Downtown Melrose condo for rent in Melrose
223 Essex St #45, Melrose, MA 02176
1 bed
1 bath
$1,850
The price shown reflects a 12-month lease. Fees may apply.Condo for rent
Available Sep 1
13h ago
Downtown Melrose apartment for rent in Melrose
1 bed
1 bath
$1,650
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
Available Aug 15
13h ago
Downtown Melrose apartment for rent in Melrose
1 bed
1 bath
$1,650
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
Available Aug 15
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Frequently asked questions for Downtown Melrose, Melrose, MA
Quick answers to common questions about the Downtown Melrose rental market.
How much is rent in Downtown Melrose?
The average rent in Downtown Melrose is $2,250 per month as of September 12, 2026.
Is rent up or down in Downtown Melrose?
Average rent prices in Downtown Melrose have decreased by 8% over the last month and have decreased by 28% since last year.
How does Downtown Melrose rent compare to the national average?
Rent in Downtown Melrose is 18% above the national average, which means renters are paying approximately $350 more per month.
What salary do I need to afford rent in Downtown Melrose?
To comfortably afford rent in Downtown Melrose, you'd need to earn approximately $90,000/year, based on spending no more than 30% of your income on rent.
Methodology
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).