Last updated on July 30, 2026

Average rent in
Melrose, New York, NY

Median rent

Median rent in Melrose

$2,858/mo

increased by27%

vs previous year

The average rent in Melrose is $2,858 per month as of July 2026. This is 48% above the national average rent, or $928 more per month.

$7.99

average price per square foot

Total rentals

Available rentals in Melrose

25

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Melrose rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Melrose, New York, NY

Average rent prices in Melrose have remained the same over the last month and have increased by 27% 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 $3,306, whereas a house costs $3,900. 1-bedroom apartments in Melrose run $1,975 on average, while 2-bedroom apartments are $3,200.

Listings

Studio

$2,700

20%

-

1 bedroom

$2,816

8%

46%

2 bedroom

$3,625

No Change

-

3 bedroom

$3,400

26%

-

4 bedroom

$1,790

-

-

Studio

Average rent

$2,700

Last 30 days

20%

1 bedroom

Average rent

$2,816

Last 30 days

8%

Last year

46%

2 bedroom

Average rent

$3,625

3 bedroom

Average rent

$3,400

Last 30 days

26%

4 bedroom

Average rent

$1,790

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$2,858
increased by48%

higher than the national median

Median rent price$2,015
increased by4%

higher than the national median

Takeaway

The median rent for all rentals in Melrose, New York, NY is 42% higher than the median rent in Concourse, New York, NY.

Discover rentals in Melrose, New York, NY

816 Elton Ave - Photo 1 of 1

5d+ ago

Melrose apartment for rent in New York

MULTI_FAMILY - Split Level - Bronx, NY

816 Elton Ave, New York, NY 10451

3 beds

2.5 baths

$4,000

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 $2,858 per month as of July 25, 2026.

Is rent up or down in Melrose?

Average rent prices in Melrose have remained the same over the last month and have increased by 27% since last year.

How does Melrose rent compare to the national average?

Rent in Melrose is 48% above the national average, which means renters are paying approximately $928 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 $114,000/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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