Market Summary

Melrose, Middlesex County, MA

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Median Home Price Price

$853,801 $853.8K

Median Monthly Rent Rent

$2,436 $2.4K

GRM

29.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Middlesex County

Region Price Rent GRM Display
$739,438 $2,988 21.0x
$771,494 $2,447 26.0x
$863,305 $2,564 28.0x
$838,957 $2,497 28.0x
$763,594 $2,521 25.0x
$734,939 $2,497 25.0x
$780,508 $3,088 21.0x
$1,007,370 $2,551 33.0x
$706,995 $2,296 26.0x
$773,191 $1,630 39.0x
$783,592 $2,707 24.0x
$782,384 $2,229 29.0x
$620,979 $2,473 21.0x
$976,926 $3,254 25.0x
$745,887 $2,507 25.0x
$837,274 $3,369 21.0x
$780,854 $2,734 24.0x
$902,892 $3,273 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MA outside of Middlesex County

Region Price Rent GRM Display
$763,854 $2,884 22.0x
$933,960 $2,793 28.0x
$610,966 $2,417 21.0x
$838,663 $2,907 24.0x
$780,544 $2,476 26.0x
$628,082 $1,901 28.0x
$1,333,625 $3,454 32.0x
$1,008,566 $2,595 32.0x
$532,736 $2,362 19.0x
$676,448 $2,103 27.0x
$919,098 $1,384 55.0x
$763,689 $2,288 28.0x
$940,532 $2,007 39.0x
$672,875 $2,362 24.0x
$647,497 $1,758 31.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MA

Region Price Rent GRM Display
$711,280 $2,648 22.0x
$776,947 $2,500 26.0x
$660,197 $2,505 22.0x
$350,650 $965 30.0x
$312,550 $1,070 24.0x
$495,586 $1,325 31.0x
$1,378,464 $4,510 25.0x
$576,627 $2,343 20.0x

Home prices

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Monthly rent

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GRM

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Melrose

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Trend Insights

Median Rent in Melrose, MA is $2,436, with MoM change +$22 and YoY change +$158 pointing to positive momentum while volatility is low (std $38).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Melrose, MA.

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Metric
Base market Melrose, MA
Compare market Select a market
Delta vs base
Median rent
$2,436
N/A
Median price
$853,801
N/A
YoY change
+$158
N/A
Price-to-rent
29.2x
Data unavailable
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