Property prices for rent in Melrose (Massachusetts)

The rent prices in real estate in Melrose, in the Massachusetts region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$2,437.33
Average price last 6 months
$2.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Melrose has barely changed in the last 6 months. In December, the average price per sq.feet was $2.57. In the following month the price per sq.feet rose to $2.76. In the following two months the price per sq.feet has practically remained the same, going from $2.66 to $2.68 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.67 to $2.67 during April y May

Average price

When referring to the price in Melrose (cities), there have hardly been any changes in the last 6 months. The rent price in December is $2,361, rising in January till $2,514. In the following two months the average price has hardly changed with regard to the previous two months from $2,437.5 to $2,473.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,455.5 and $2,401 between April and May.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,431 they are 34 % more affordable than the average price for Melrose . The properties with the highest average price have 3 bedrooms, Their price is 65 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,307.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.71 / sq.feet price in Melrose. The properties with the most affordable average prices have 1 bedroom. They are 3 % more affordable than the average followed by properties with 2 bedrooms with a price at $1.88 / sq.feet.

Price per property type

According to average price per property type in Melrose, "" priced at $2,307 is 5 % lower than the average price ($2,431) in this city.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Melrose
Number of properties used in region Massachusetts
$2,431
$2.71
600
220,398
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value