Melrose, MA
3 Beds
1 Bath
Available: Now
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$2,850/mo
Reduced Security Deposit

Cost & Fee Information

Monthly Rent & Fees

Required

Monthly Base Rent

$2,850.00

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 allowed.

Included
Parking

No parking.

-

One-Time Fees

First Month's Rent
$2,850.00
Last Month's Rent
$2,850.00
Security Deposit
$1,000.00
Key & Lock Replacement Fee
$0

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

Discover comfortable living in this beautifully maintained, expansive 3-bedroom, 1-bathroom apartment spanning the second and third floors of a two-family home. Nestled in one of Melrose’s most desirable neighborhoods at 51 West Highland Ave, this unit is within walking distance to local shops, restaurants, and vibrant downtown Melrose. Truly a commuter's dream, it offers unbeatable convenience with a short walk to the commuter rail and local bus stops, plus close proximity to Route 1 and Route 93 for easy access into Boston via highway or train. Enjoy the rare financial perk of having heat, hot water, and gas completely included in the rent, alongside everyday conveniences like an in-unit washer and dryer and two dedicated off-street parking spots. Extra storage space included with a walk-in attic.

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Price Comparison

This apartment is 16.18% less expensive than the average price of $3,400 for 3 bedroom apartments in Melrose. Congratulations on finding a great apartment that is below the average rent price in Melrose. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in Melrose

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$114,000 - $136,800
You + 2 Roommates, Each:
$38,000 - $45,600
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

$3,990

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Mid Range

25% of Gross Income

$2,850

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Low Range

15% of Gross Income

$1,710

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Have You Considered Buying Your Own Home?

Instead of paying $2,850/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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