Last updated on October 30, 2026

Average rent in
Melrose, New York, NY

Median rent

Median rent in Melrose

$2,350/mo

increased by31%

vs previous year

The average rent in Melrose is $2,350 per month as of October 2026. This is 24% above the national average rent, or $450 more per month.

$4.13

average price per square foot

Total rentals

Available rentals in Melrose

26

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Melrose rentals at each price point

65%49%33%16%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 decreased by 4% over the last month and have increased by 31% 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 $3,209, whereas a house costs $3,800. 1-bedroom apartments in Melrose run $2,900 on average, while 2-bedroom apartments are $3,241.

Listings

Studio

$2,897

-

53%

1 bedroom

$3,100

3%

72%

2 bedroom

$3,490

No Change

75%

3 bedroom

$3,200

6%

-

4 bedroom

$1,830

No Change

-

Studio

Average rent

$2,897

Last year

53%

1 bedroom

Average rent

$3,100

Last 30 days

3%

Last year

72%

2 bedroom

Average rent

$3,490

Last year

75%

3 bedroom

Average rent

$3,200

Last 30 days

6%

4 bedroom

Average rent

$1,830

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$2,350
increased by24%

higher than the national median

Median rent price$2,042
increased by8%

higher 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.

Discover rentals in Melrose, New York, NY

371 E 159th St #3 - Photo 1 of 1

5d+ ago

Melrose condo for rent in New York

371 E 159th St

371 E 159th St #3, New York, NY 10451

3 beds

1 bath

$3,753

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.
739 Brook Ave #1 - Photo 1 of 1

5d+ ago

Melrose townhouse for rent in New York

4 beds

2.5 baths

$3,950

Price dropped $400Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

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 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 $2,350 per month as of October 24, 2026.

Is rent up or down in Melrose?

Average rent prices in Melrose have decreased by 4% over the last month and have increased by 31% since last year.

How does Melrose rent compare to the national average?

Rent in Melrose is 24% above the national average, which means renters are paying approximately $450 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 $94,000/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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