Average Rent in Melrose, New York, NY and Rent Price Trends

Rent trends in Melrose, New York, NY

Average rent prices in Melrose have decreased by 4% over the last month and have decreased by 40% 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
Melrose, New York, NY

Rent prices in Melrose vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Melrose is $3,100. 1-bedroom apartments in Melrose run $1,935 on average, while 2-bedroom apartments are $2,900.


Studio	$2,495	20%	-
1 bedroom	$2,500	3%	15%
2 bedroom	$3,249	29%	-
3 bedroom	$3,400	26%	-
4 bedroom	$1,550	-	-

		Listings
Concourse	$2,099
Concourse Village	$1,990
Highbridge	$1,950
Mott Haven	$2,600
Washington Heights	$2,895
West Harlem	$4,005


Apartments	$3,100	13%	No Change
Condos	$3,400	7%	No Change
Rooms	$1,550	-	No Change

Studio

Average rent

$2,495

Last 30 days

20%

1 bedroom

Average rent

$2,500

Last 30 days

Last year

15%

2 bedroom

Average rent

$3,249

Last 30 days

29%

3 bedroom

Average rent

$3,400

Last 30 days

26%

4 bedroom

Average rent

$1,550

The table above reflects average rent prices in Melrose, New York, NY, 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 Melrose, New York, NY compare to other neighborhoods?

Compare median rent prices in Melrose and Concourse by all bedroom counts and property types.

Melrose

Median rent price$1,990

higher than the national median

Median rent price$2,099

higher than the national median

Takeaway

The median rent for all rentals in Melrose, New York, NY is 5% lower than the median rent in Concourse, New York, NY.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,099

$1,990

$1,950

$2,600

$2,895

$4,005

Discover rentals in Melrose, New York, NY

5d+ ago

Melrose apartment for rent in New York

CONDOS - Other - Bronx, NY

3044 3rd Ave #6F, New York, NY 10451

2 beds

1 bath

$2,900

Apartment for rent

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Frequently asked questions for Melrose, New York, NY

Quick answers to common questions about the Melrose rental market.

How much is rent in Melrose?

The average rent in Melrose is $1,990 per month as of June 13, 2026.

Is rent up or down in Melrose?

Average rent prices in Melrose have decreased by 4% over the last month and have decreased by 40% since last year.

How does Melrose rent compare to the national average?

Rent in Melrose is 2% above the national average, which means renters are paying approximately $40 more per month.

What salary do I need to afford rent in Melrose?

To comfortably afford rent in Melrose, you'd need to earn approximately $80,000/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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