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

Rent price trends in
Melrose, New York, NY

Rent price trends

Rent prices for all bedroom counts and property types in Melrose, New York, NY have decreased by 30% in the last month and have decreased by 37% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Melrose, New York, NY
The monthly rent for an apartment in Melrose, New York, NY is $2,797. A 1-bedroom apartment in Melrose, New York, NY costs about $2,795 on average, while a 2-bedroom apartment is $3,250.


1 bedroom	$2,795	7%	-
2 bedroom	$2,850	32%	21%
3 bedroom	$3,599	26%	5%
4 bedroom	$1,890	-	-
Studio	$1,600	20%	-

		Comparables
Concourse	$1,650
Concourse Village	$1,890
Highbridge	$1,670
Mott Haven	$2,795
Washington Heights	$2,820
West Harlem	$4,050


Apartments	$2,797	32%	No Change
Condos	$2,500	7%	-
Rooms	$1,890	-	No Change

Studio

Average rent

$1,600

Last 30 days

20%

1 bedroom

Average rent

$2,795

Last 30 days

2 bedroom

Average rent

$2,850

Last 30 days

32%

Last year

21%

3 bedroom

Average rent

$3,599

Last 30 days

26%

Last year

4 bedroom

Average rent

$1,890

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.

Compare rent prices in Melrose, New York, NY to other neighborhoods

Median rent prices in Melrose, New York, NY for all bedroom counts and property types compared to Concourse, New York, NY.

Melrose

Median rent price$1,890

lower than the national median

Median rent price$1,650

15%

lower than the national median

Takeaway

The median rent for all rentals in Melrose, New York, NY is 15% higher than the median rent in Concourse, New York, NY.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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