Melrose, MA
3 Beds
3 Baths
Available: 12/22/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$4,750/mo
No First Month Deposit
No Last Month Deposit
Reduced Security Deposit

Cost & Fee Information

Monthly Rent & Fees

Required

Monthly Base Rent

$4,750.00

Heat

Tenant pays utility company monthly.

Usage-Based

Hot Water

Tenant pays utility company monthly.

Usage-Based

Electricity

Tenant pays utility company monthly.

Usage-Based

Water & Sewer

Included in monthly rent.

Included

Garbage Collection

Weekly trash pickup or dumpster.

Included

Optional

Pets

Pets not allowed.

-
Parking

No parking.

-

One-Time Fees

First Month's Rent
$0
Last Month's Rent
$0
Security Deposit
$4,700.00
Key & Lock Replacement Fee
$0

Property Description

Brand new town-home in the heart of Melrose! Located in the desirable Wyoming Hill neighborhood, this home offers ultimate convenience—leave the cars in the driveway and enjoy walk-ability to the commuter rail, cafés, downtown shops, supermarkets, schools and nearby parks. Built in a timeless mansard style with today’s standards in mind, the home features abundant natural light, tall ceilings, designer kitchen, and solid hardwood flooring throughout. The bright and airy main level offers an open layout with clearly defined spaces for dining, entertaining, working, and unwinding, plus a designer powder room. Enjoy the outdoors on your private, generous deck overlooking the fenced yard. Upstairs includes three bedrooms, two full baths, and a full-size washer and dryer. Primary bedroom offers an oversized shower and extra large double vanity. The basement provides ample storage, and the home comes with exclusive 2-car driveway parking. Built with modern conveniences and fine craftsmanship

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Price Comparison

This apartment is above the average price of $3,800 for 3 bedroom apartments in Melrose. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact us about this great unit before it's gone!

Average Rent Prices for 3 Bedroom Apartments in Melrose

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$190,000 - $228,000
You + 2 Roommates, Each:
$63,333 - $76,000
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

$6,650

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Mid Range

25% of Gross Income

$4,750

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Low Range

15% of Gross Income

$2,850

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Have You Considered Buying Your Own Home?

Instead of paying $4,750/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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