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Melrose, MA Condos for Rent

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  • /18

    $2,600 Plus Fees

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    3 Mt Vernon St, Melrose, MA 02176

    This nice 2 Bedrooms 1 Bath place in the Melrose area is available for 06-01-2026. Included Features are: Laundry in Basement.Boston Pads is not responsible for any errors, omissions and change in price, prior sale, rent and withdrawal without notice. All information from sources reliable but not guaranteed. Photographs, videos, description and information about the properties reflect

    (781) 620-7394

    3 Mt Vernon St, Melrose, MA 02176
  • /15

    $1,950 Plus Fees

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    189 W Wyoming Ave Unit 25, Melrose, MA 02176

    Move-In Costs Fees:Last Month Rent: $1,950First Month Rent: $1,950Cat Rent: $50 / month

    (781) 496-1520

    189 W Wyoming Ave Unit 25, Melrose, MA 02176
  • /14

    $1,950 Plus Fees

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    189 W Wyoming Ave Unit 24, Melrose, MA 02176

    Move-In Costs Fees:Last Month Rent: $1,950First Month Rent: $1,950Cat Rent: $50 / month

    (781) 496-1509

    189 W Wyoming Ave Unit 24, Melrose, MA 02176
  • /8

    $1,725 Plus Fees

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    22 W Wyoming Ave Unit 22, Melrose, MA 02176

    1 Bedroom1 BathroomParking: No Parking.Utilities: Heat and Hot Water Included. Laundry: Coin-op in Building.Availability: NOW!Cozy apartment located in Melrose. This is steps to Melrose Center and right next to the Commuter Rail at Wyoming Hill Station. This is a first floor unit and gets lots of natural light. Features Include: Hard wood floors through out, good

    (339) 293-1203

    22 W Wyoming Ave Unit 22, Melrose, MA 02176
  • /8

    $1,750 Plus Fees

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    22 W Wyoming Ave Unit 26, Melrose, MA 02176

    1 Bedroom1 BathroomParking: No Parking.Utilities: Heat and Hot Water Included. Laundry: Coin-op in Building.Availability: Now!Cozy apartment located in Melrose. This is steps to Melrose Center and right next to the Commuter Rail at Wyoming Hill Station. This is a third floor unit and gets lots of natural light. Features Include: Hard wood floors through out, good

    (781) 590-1110

    22 W Wyoming Ave Unit 26, Melrose, MA 02176
  • /17

    $1,850

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 525 Sq Ft
    • Condo for Rent

    223 Essex St, Melrose, MA 02176

    223 Essex St, Melrose, MA 02176
  • /17

    $1,850

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 525 Sq Ft
    • Condo for Rent

    223 Essex St, Melrose, MA 02176

    223 Essex St, Melrose, MA 02176
  • /17

    $1,850

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 525 Sq Ft
    • Condo for Rent

    223 Essex St, Melrose, MA 02176

    223 Essex St, Melrose, MA 02176
  • /23

    $3,300

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,358 Sq Ft
    • Condo for Rent

    391 Pleasant St Unit 307, Melrose, MA 02176

    Welcome to beautiful penthouse unit located in the built in Melrose MA. Perfect for young professionals, graduate students and families. Prime Location : Enjoy a quick and convenient commute to downtown Boston via public transportation. The Oak Grove Orange Line T Station is just 0.8 mile away, Easy commute to Tufts, Northeastern University, MGH IHP, Bunker Community College, Back Bay

    391 Pleasant St Unit 307, Melrose, MA 02176
  • /17

    $2,450

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    147 W Wyoming Ave Unit 2, Melrose, MA 02176

    147 W Wyoming Ave Unit 2, Melrose, MA 02176
  • /19

    $2,600

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    295 Lebanon St Unit 2, Melrose, MA 02176

    Welcome to this adorable 2 BR / 1 BA. Modern white kitchen with black granite counter-tops. French door fridge, disposal, dishwasher, new range, built-in microwave. Hardwood floors throughout. Tile bathroom. Walk-in closet. Sunny. Living room, Dining room. Front upstairs foyer often serves as office area. Walk-up attic for storage. Washer/Dryer in basement dedicated to unit (free, not coin-op). 2

    295 Lebanon St Unit 2, Melrose, MA 02176
  • /13

    $4,950

    Total Monthly Price

    • 2 Beds
    • 3 Baths
    • 2,400 Sq Ft
    • Condo for Rent

    137 Green St Unit 2, Melrose, MA 02176

    Rare Two-Level Melrose Condo with 3 Bedrooms + Office, 2 Full Baths, Parking, Yard & Tree-Top ViewsRare opportunity to rent a spacious, house-like two-level condo in one of Melrose's most convenient and desirable neighborhoods. This bright and beautifully maintained home offers three true bedrooms, a separate windowed office ideal for working from home, two full updated bathrooms, a

    137 Green St Unit 2, Melrose, MA 02176
  • /11

    $2,500

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 945 Sq Ft
    • Condo for Rent

    181 Green St Unit 413, Melrose, MA 02176

    2 bed and 2 bath located in Melrose. Easy access to downtown and public transportation!

    181 Green St Unit 413, Melrose, MA 02176
  • /6

    $3,000

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 100 Sq Ft
    • Condo for Rent

    124 Forest St Unit 2, Melrose, MA 02176

    Available now, lease to run to 9/1/26. There are hardwood floors throughout and one parking space is available. Unit FeaturesDishwasher Disposal Eat-In Kitchen Hardwood Floors Laundry in Building Microwave Oven/Range Refrigerator Storage.

    124 Forest St Unit 2, Melrose, MA 02176
  • /14

    $2,500

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,092 Sq Ft
    • Condo for Rent

    179 Green St Unit 408, Melrose, MA 02176

    2 bed 2 bath located in Melrose. Easy access to downtown and public transportation!

    179 Green St Unit 408, Melrose, MA 02176
  • /6

    $2,100

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    40 Hurd St, Melrose, MA 02176

    40 Hurd St, Melrose, MA 02176
  • /52

    $3,300

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • Condo for Rent

    496 Lebanon St Unit 3, Malden, MA 02148

    Located in Malden, MA, this townhouse is ideally situated for commuters, with easy access to major highways and public transportation options (Bus 106 - Lebanon St Loop). You'll also find an array of shopping, dining, and entertainment venues nearby, including parks, recreational facilities, and cultural attractions.

    496 Lebanon St Unit 3, Malden, MA 02148
  • /11

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • 624 Sq Ft
    • Condo for Rent

    340 Main St Unit 501, Melrose, MA 02176

    One bedroom, one bath corner unit for rent at Melrose Place. This unit has been painted throughout and has newly installed wood floors. Great views of downtown Melrose, T stop at the front of the building and West Wyoming commuter train stop around the corner. Common laundry for all residents on the fourth floor. Security system in all common areas including garage. Intercom entry system and

    Paul Coogan Brad Hutchinson Real Estate

    340 Main St Unit 501, Melrose, MA 02176
  • /2

    $2,925

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft
    • 3 bed 1 bath!

    125 Lebanon St Unit 2, Melrose, MA 02176

    This 3-bedroom, 1-bath apartment in Melrose offers a comfortable and functional living space with a well-laid-out floor plan and abundant natural light throughout. The unit features fairly sized bedrooms, spacious common areas, and the convenience of in-unit laundry for everyday ease. Conveniently located near local shops, dining, parks, and public transportation, this apartment provides a great

    125 Lebanon St Unit 2, Melrose, MA 02176
  • /38

    $4,250 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,454 Sq Ft
    • Condo for Rent

    569 Franklin St Unit 6, Melrose, MA 02176

    7/15 - Furnished, Garage Parking, Commuter Rail - Undercliff Terrace condominiums is located in the Melrose Highlands, steps to the Commuter Rail for a quick ride to Boston and convenient for commuters to 93 and Rt 1. Contemporary updates carry the historical charm of this sprawling 2-bedroom corner unit penthouse condo into the present. An updated gourmet style kitchen with many cabinets, soap

    Jamie Thompson Thompson Realty

    569 Franklin St Unit 6, Melrose, MA 02176
  • /15

    $1,750 Per Month

    • 1 Bath
    • 294 Sq Ft
    • Condo for Rent

    340 Main St Unit 206, Melrose, MA 02176

    Newly renovated studio condo available for immediate move-in in the heart of downtown Melrose! This bright and freshly painted unit features a brand-new kitchen with stainless steel appliances, new cabinetry, elegant gold hardware, and a renovated bathroom with new vanity, countertop and fixtures. The unit offers great natural light, one assigned parking space, additional storage in the basement,

    Anna Mean AC Realty

    340 Main St Unit 206, Melrose, MA 02176
  • /19

    $3,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,110 Sq Ft
    • Condo for Rent

    45 Loomis St Unit 317, Malden, MA 02148

    This elegant, spacious 3rd floor unit in a quiet building is ready for you to make it your home. This freshly painted and updated 2-bedroom, 2-bath (plus an office/flex room) rental offers an inviting layout with a large living room with sliding glass doors leading to balcony. The large primary bedroom includes double closets and a full en-suite bath. A second bedroom comfortably fits a queen bed

    Erik DiNardo Gibson Sotheby's International Realty

    45 Loomis St Unit 317, Malden, MA 02148

Frequently Asked Questions

How much does it cost to rent a condo in Melrose, MA?
The median rent for a condo in Melrose, MA is $2,300 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Melrose, MA?
To comfortably afford the median rent in Melrose, MA, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Melrose, MA, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Melrose, MA?
In Melrose, MA, the price-to-rent ratio is 29.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Melrose, MA are best for renting a condo?
The best neighborhood for renting in Melrose, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Wyoming, Forestdale, Waitts Mount, Maplewood and Oak Grove, each with its own character and price range.

Rental Home Trends in Melrose, MA

Rental Home Trends

Number of Condos for Rent
22
Median Condo Rent
$2,300
Median 1 Bedroom Condo Rent
$1,950
Median 2 Bedroom Condo Rent
$2,600
Median 3 Bedroom Condo Rent
$3,250
How to Rent a Home