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States / Massachusetts / Melrose

Melrose, MA Housing

ACS 2020-2024

Median Home Value
$822,900 ± $19,886
Median Gross Rent
$1,970 ± $149/mo
Homeownership Rate
67.2%
Rent as Share of Income
17.6%
Price-to-Income Ratio
6.1×
Vacancy Rate
2.9%
Median Year Built
1938

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
52
Buildings
16
Single-Family Units
11
Multi-Family Units
41

Nearby Cities in Massachusetts

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Melrose, MA Housing: Rent & Home Values | HomeDataUSA