Rental market snapshot for Melrose, Massachusetts
Melrose, Massachusetts Rental Property Market Overview
Melrose, Massachusetts is a city located in Middlesex County, just north of Boston. With a population of 29,312 as of 2021 according to the US Census, Melrose is a vibrant and diverse community. It is home to a variety of businesses, restaurants, and recreational activities, making it a great place to live and work. The city is also known for its historic architecture, including the Melrose Highlands Historic District, which is listed on the National Register of Historic Places.
The average rent for an apartment in Melrose is $2,473. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 3.8% over the past year.
Last Updated April 22, 2023
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Average monthly rent graph in Melrose Massachusetts | Cost of Living
- The most expensive ZIP code in Melrose is 02176 with an average price of $3,030
- The cheapest ZIP code in Melrose is 02176 with an average price of $2,510
Melrose ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 02176 | $3,030 |
Live near Melrose, Massachusetts's Top Sights and Attractions
Ell Pond is a peaceful body of water located in a picturesque park. It is surrounded by lush greenery and is a popular spot for fishing, canoeing, and kayaking. The pond is also home to a variety of wildlife, including ducks, geese, and other waterfowl. Visitors can take a leisurely stroll around the pond, or take a break and relax on one of the benches located around the perimeter.
Spot Pond Brook is a picturesque body of water located in a wooded area. It is a popular spot for fishing, canoeing, and kayaking, and is surrounded by trails for walking, biking, and horseback riding. The area is also home to a variety of wildlife, including beavers, turtles, and birds. The pond is fed by a number of small streams, and is a great spot for a peaceful day outdoors.
Ell Pond Park is a picturesque park located in a quiet residential area. It features a large pond surrounded by a walking path, a playground, and plenty of open grassy areas. There are also plenty of benches and picnic tables for visitors to enjoy. The park is a great spot for a leisurely stroll, a picnic, or a game of catch. In the summer, the pond is a popular spot for fishing and swimming. The park also has a basketball court, a baseball field, and a soccer field.
The Common is a large, grassy area located in the center of a small town. It is surrounded by a variety of shops, restaurants, and other attractions. The Common is a popular spot for locals and visitors alike, as it provides a great place to relax, take a stroll, or enjoy a picnic. There are also several monuments and memorials located throughout the Common, making it a great place to learn about the town's history.
Lincoln Park is a beautiful outdoor area located in Melrose, Massachusetts. It features a large pond, walking trails, and plenty of open green space. There are also picnic tables, benches, and a playground for children. The park is a great place to relax, take a stroll, or have a picnic. It is also a popular spot for fishing, bird watching, and other outdoor activities.
Rocky View Park is a scenic outdoor destination located in a small New England town. The park features a large pond, walking trails, and a variety of wildlife. Visitors can enjoy fishing, bird watching, and picnicking in the park's peaceful atmosphere. The park also offers a playground and a pavilion for special events. With its picturesque views and peaceful atmosphere, Rocky View Park is a great place to spend a day outdoors.
Fred Green Memorial Field is a popular outdoor recreation area located in a picturesque New England town. The field features a large grassy area surrounded by trees, perfect for picnics and outdoor activities. There is a playground for children, a basketball court, and a baseball diamond. The field also has a walking path, benches, and a gazebo. The area is a great spot for families to enjoy the outdoors and spend quality time together.
Milano Park is a beautiful outdoor space located in a quaint New England town. It features a large pond, walking trails, and plenty of open grassy areas perfect for picnicking or playing games. There are also several playgrounds, a basketball court, and a gazebo for special events. The park is surrounded by tall trees, providing a peaceful and serene atmosphere. Visitors can also enjoy the nearby shops and restaurants, making it a great spot for a day out with family or friends.
Melrose Pool is a public outdoor swimming pool located in a picturesque park setting. It features a 50-meter pool, a diving well, two water slides, a kiddie pool, and a concession stand. The pool is surrounded by lush green grass and plenty of shade trees, making it a great spot for a summer day. The pool also offers a variety of swimming lessons and programs for all ages.
Vaughn Square is a small park located in a residential area of Melrose. It features a large, open grassy area surrounded by trees, perfect for picnics and outdoor activities. There is also a playground with swings and slides, a basketball court, and a gazebo. The park is a popular spot for families and friends to gather and enjoy the outdoors.
Melrose, Massachusetts area median rent change by ZIP code map
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How does Melrose compare to other cities in Massachusetts ?
| city | median price |
|---|---|
| Lynnfield | $3,350 |
| Medford | $3,395 |
| New Bedford | $1,700 |
| Worcester | $1,926 |
| Concord | $2,933 |
| Lexington | $3,137 |
| Charlestown | $3,200 |
| North Andover | $2,310 |
| Stoneham | $2,300 |
| West Newton | $2,850 |
Average household income in Melrose area graph - US Census
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The median household income in Melrose in 2021 was $125,229. This represents a 48.0% change from 2011 when the median was $84,599.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.2% |
| 1 | $10,000 to $14,999 | 2.6% |
| 2 | $15,000 to $19,999 | 3.1% |
| 3 | $20,000 to $24,999 | 3.4% |
| 4 | $25,000 to $29,999 | 3.7% |
| 5 | $30,000 to $34,999 | 2.4% |
| 6 | $35,000 to $39,999 | 1.5% |
| 7 | $40,000 to $44,999 | 2.7% |
| 8 | $45,000 to $49,999 | 2.4% |
| 9 | $50,000 to $59,999 | 6.2% |
| 10 | $60,000 to $74,999 | 4.6% |
| 11 | $75,000 to $99,999 | 9.3% |
| 12 | $100,000 to $124,999 | 9.0% |
| 13 | $125,000 to $149,999 | 7.4% |
| 14 | $150,000 to $199,999 | 17.9% |
| 15 | $200,000 or more | 20.8% |
