Bedroom count
Property type
Last updated on October 31, 2026
Average rent in
Downtown Melrose, Melrose, MA
Average rent in
Last updated on October 31, 2026
Bedroom count
Property type
Median rent
Median rent in Downtown Melrose
$2,250/mo
10%vs previous year
The average rent in Downtown Melrose is $2,250 per month as of October 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
14
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Downtown Melrose rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Downtown Melrose, Melrose, MA, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Downtown Melrose, Melrose, MA
Average rent prices in Downtown Melrose have decreased by 5% over the last month and have decreased by 10% 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 $2,478, whereas a house costs $3,150. 1-bedroom apartments in Downtown Melrose run $2,095 on average, while 2-bedroom apartments are $2,950.
Listings | ||||
|---|---|---|---|---|
Studio | $1,912 | - | 25% | |
1 bedroom | $2,146 |  8% | 24% | |
2 bedroom | $2,950 | 3% | 7% | |
3 bedroom | $3,100 | No Change | 11% | |
4 bedroom | $4,397 | No Change | - |
Listings | ||
|---|---|---|
Melrose East Side | $2,763 | |
Melrose Highlands | $2,200 | |
North Medford | $3,447 | |
Oak Grove Pine Banks | $2,680 | |
Oakland Vale | $2,825 | |
Wyoming | $1,950 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,478 | No Change | 7% | |
Condos | $2,073 | No Change | 4% | |
Houses | $3,150 | 23% | 13% |
Studio
Average rent
$1,912
Last year
25%
1 bedroom
Average rent
$2,146
Last 30 days
8%
Last year
24%
2 bedroom
Average rent
$2,950
Last 30 days
3%
Last year
7%
3 bedroom
Average rent
$3,100
Last year
11%
4 bedroom
Average rent
$4,397
North Medford
Average rent
$3,447
Melrose East Side
Average rent
$2,763
Melrose Highlands
Average rent
$2,200
Oak Grove Pine Banks
Average rent
$2,680
Wyoming
Average rent
$1,950
Oakland Vale
Average rent
$2,825
Apartments
Average rent
$2,478
Last year
7%
Condos
Average rent
$2,073
Last year
4%
Houses
Average rent
$3,150
Last 30 days
23%
Last year
13%
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
81%higher than the national median
Takeaway
The median rent for all rentals in Downtown Melrose, Melrose, MA is 35% 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
5d+ ago
Downtown Melrose apartment for rent in Melrose
54 Dell Ave #1, Melrose, MA 02176
2 beds
1 bath
$2,195
Price dropped $155Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Nov 1
1d ago
585 Main St, Melrose, MA 02176
1–3 beds
1–2 baths
$2,700–$4,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Downtown Melrose condo for rent in Melrose
822 Main St #FRONT, Melrose, MA 02176
1 bed
1 bath
$2,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
Available Nov 1
5d+ ago
Downtown Melrose apartment for rent in Melrose
223 Essex St #37, Melrose, MA 02176
1 bed
1 bath
$1,850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 1
5d+ ago
Downtown Melrose apartment for rent in Melrose
223 Essex St #45, Melrose, MA 02176
1 bed
1 bath
$1,800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 1
1d ago
585 Main St, Melrose, MA 02176
1–3 beds
1–2 baths
$2,700–$4,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Downtown Melrose apartment for rent in Melrose
223 Essex St #45, Melrose, MA 02176
1 bed
1 bath
$1,800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 1
5d+ ago
Downtown Melrose apartment for rent in Melrose
223 Essex St #37, Melrose, MA 02176
1 bed
1 bath
$1,850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 1
5d+ ago
Downtown Melrose condo for rent in Melrose
822 Main St #FRONT, Melrose, MA 02176
1 bed
1 bath
$2,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
Available Nov 1
5d+ ago
Downtown Melrose apartment for rent in Melrose
54 Dell Ave #1, Melrose, MA 02176
2 beds
1 bath
$2,195
Price dropped $155Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Nov 1
5d+ ago
Downtown Melrose apartment for rent in Melrose
223 Essex St #45, Melrose, MA 02176
1 bed
1 bath
$1,800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 1
5d+ ago
Downtown Melrose apartment for rent in Melrose
1 bed
1 bath
$1,775
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Dec 1
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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 October 24, 2026.
Is rent up or down in Downtown Melrose?
Average rent prices in Downtown Melrose have decreased by 5% over the last month and have decreased by 10% 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).