Last updated on June 14, 2026

Average rent in
Downtown Melrose, Melrose, MA

Median rent

Median rent in Downtown Melrose

$2,600/mo

decreased by4%

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.

$2.98

average price per square foot

Total rentals

Available rentals in Downtown Melrose

19

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Downtown Melrose rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Downtown Melrose, Melrose, MA

Average rent prices in Downtown Melrose have remained the same over the last month and have decreased by 4% 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 $2,350, 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

-

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

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

Median rent price$2,600
increased by33%

higher than the national median

Median rent price$3,500
increased by79%

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.

Discover rentals in Downtown Melrose, Melrose, MA

824 Main St - Photo 1 of 1

5d+ ago

Downtown Melrose apartment for rent in Melrose

3 beds

1.5 baths

$3,000

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

Apartment for rent

Available Jul 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $2,600 per month as of June 13, 2026.

Is rent up or down in Downtown Melrose?

Average rent prices in Downtown Melrose have remained the same over the last month and have decreased by 4% since last year.

How does Downtown Melrose rent compare to the national average?

Rent in Downtown Melrose is 33% above the national average, which means renters are paying approximately $650 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 $104,000/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).

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