Melrose, MA
1 Bed
1 Bath
Available: 09/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,150/mo
Heat Included

Amenities & Apartment Information

Unit

In-Unit Laundry / Hook-Ups

Property Description

FIRST MONTH DUE ON 9/1! Great chance to rent a beautiful one bed plus office Victorian style townhome in Melrose! 91/100 walk score! Duplex style unit quaint and cozy. Storage in the basement exclusive/private to the unit and one parking space included. Tons of character throughout and flooded with sunlight with floor to ceiling windows. Granite counter tops in kitchen with updates all around including disposal and dishwasher. This unit is filled with character and Victorian charm. The windows in this unit are huge! They are the size of doors. The bonus office space is adorable and overlooks oak trees Tenant to pay all their own utilities. Laundry hookups in the basement available if tenant would like to bring their own this would be your own private area. Parking for one car included in the rent. Minutes to Boston and Northshore.

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Price Comparison

This apartment is above the average price of $1,963 for 1 bedroom apartments in Melrose. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 1 Bedroom Apartments in Melrose

Rent Calculator & Affordability

Recommended Annual Gross Income

$126,000 - $151,200
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$4,410

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Mid Range

25% of Gross Income

$3,150

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Low Range

15% of Gross Income

$1,890

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Have You Considered Buying Your Own Home?

Instead of paying $3,150/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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