Towne Estates
209 Pleasant St,
Melrose, MA 02176
$2,120 - $2,595 Total Monthly Price
1-2 Beds | 12 Month Lease
Nestled between the Northern Expressway (Interstate 93) and Highway 1 just six miles north of Boston, the Oak Grove/Pine Banks area of Melrose has a lot to offer in a charming suburban setting. Residents enjoy a vibrant atmosphere with tree-lined streets and an emphasis on parks, with five parks and greenspaces within the neighborhood. With the ease of transportation into the city, Oak Grove/Pine Banks residents enjoy a suburban life while still having prime access to big city amenities. You’ll find restaurants and coffee shop on West Wyoming Avenue and Main Street, the heart of Melrose.
Single-family homes in Oak Grove/Pine Banks preserve much of their colonial period charm, but you’ll also find apartments and townhomes inhabiting these historic spaces as well. It’s easy to feel like part of a small community in Oak Grove/Pine Banks, but, with Boston so close, it’s easy to explore the call of the big city as well.
As of May 2026, the average apartment rent in Oak Grove-Pine Banks is $1,800 for a studio, $2,746 for one bedroom, $3,287 for two bedrooms, and $4,061 for three bedrooms. Apartment rent in Oak Grove-Pine Banks has increased by 5.2% in the past year.
Studio
402 sq ft
Average Sq Ft
$1,800/month
Average Rent
1 BR
719 sq ft
Average Sq Ft
$2,746/month
Average Rent
2 BR
999 sq ft
Average Sq Ft
$3,287/month
Average Rent
3 BR
1,555 sq ft
Average Sq Ft
$4,061/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Oak Grove-Pine Banks - Melrose, MA is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Moderately Bikeable
Bikeability
Oak Grove-Pine Banks - Melrose, MA offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 20 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Oak Grove-Pine Banks - Melrose, MA provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Oak Grove-Pine Banks - Melrose, MA from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
Fairly Noisy
Quiet Score
3,506
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.