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Home Massachusetts Melrose Apartments

Melrose 2 beds 2 baths - $4,250
Available: 07-15-2026
38
Melrose, MA
2 Beds
2 Baths
Available: 07/15/2026
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$4,250/mo

Cost & Fee Information

Monthly Rent & Fees

Required

Monthly Base Rent

$4,250.00

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

Furniture Fee

For furnished apartments.

Included

Optional

Pets

Pets allowed.

Included
Parking

No parking.

-

Estimated Monthly Rent

$3,456

One-Time Fees

First Month's Rent
$4,250.00
Last Month's Rent
$4,250.00
Security Deposit
$4,250.00
Key & Lock Replacement Fee
$0

Total Due at Lease Signing

$3,456

Note: Rental pricing may not reflect all required, optional, or variable fees. Please contact an agent for more details. Boardwalk Properties is not responsible for any errors, ommissions, or changes in prices, fees, availability status, or property information.

Amenities & Apartment Information

Unit

Pet Friendly
Furnished Apartment
Stainless Steel Appliances
Modern Bath

Property Description

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 stone counters, and stainless-steel appliances, added in unit laundry, updated baths, and custom dressing room maintain the charm of the high ceilings, hardwood floor, and architectural designs. The included furnishings enhance the character of the entire space. The building is pet friendly, and the rent includes heat and hot water and 1 car garage parking. You are steps from the Melrose Highlands commuter rail and just minutes to Boston, or you can commute via 93 or Rt 1. Come enjoy the charm that Melrose and this condo have to offer.
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Nearby Areas

Boston Apartments
Lexington Apartments
Melrose Apartments
Stoneham Apartments
Wakefield Apartments
Woburn Apartments

Price Comparison

This apartment is above the average price of $2,423 for 2 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 Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 2 Bedroom Apartments in Melrose

Rent Calculator & Affordability

Recommended Annual Gross Income
Household:
$170,000 - $204,000
You + 1 Roommate, Each:
$85,000 - $102,000
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

$5,950

View Apartments

Mid Range

25% of Gross Income

$4,250

View Apartments

Low Range

15% of Gross Income

$2,550

View Apartments

Have You Considered Buying Your Own Home?

Instead of paying $4,250/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.

Contact Agent


Boardwalk Properties
143 Harvard Avenue
Allston, MA 02134

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