The Melrose Apartments for rent in Portland, Oregon, is located in the St. Johns neighborhood. Our community offers one-, two-, and three bedroom homes.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Melrose by bedroom type below.
2 Bedroom
Suggested income:
$63,000
per year
Rent report
Melrose Rent vs. Portland Average
Melrose
Portland Average
2BR
$1,750
$1,944
$0
$650
$1,300
$1,950
$2,600
Melrose is asking 10%
less than the average 2 bedroom apartment in
Portland.
If you upsized to an average priced Portland 3 bedroom apartment, you would pay
26% more per month.
If you downsized to an average priced Portland 1 bedroom apartment,
you would pay 25% less per month.
Melrose provides 14%
less square footage than the average
Portland 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Melrose
2BR
$1,750
$2.20
$5,250
Portland Average
Studio
$1,216
$3.00
$3,648
1BR
$1,552
$2.50
$4,656
2BR
$1,944
$2.10
$5,831
3BR
$2,616
$1.80
$7,848
4BR
$4,386
$1.70
$13,158
Availability in Portland
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 1,666 1BR
units on the market in Portland. If you're looking to negotiate, this may be your best option.