New England Village
130 Melrose Pl,
San Antonio, TX 78212
$835 - $2,015
Studio - 3 Beds
Only 16 minutes from downtown San Antonio, this small neighborhood consists of English stone cottages, modern apartments, and minimalistic traditional style homes for rent. The area is great for people who work in the heart of the city or in nearby neighborhoods. Olmos Park Terrace is affordable with a low cost of living attracting renters with any budget.
As the name implies, this park-like community has ample green space for residents to enjoy. Olmos Basin offers various sports fields, creek-side trails, playgrounds, and more while golf lovers can relax at the San Pedro Driving Range. Olmos Park Terrace also is filled with amenities, making life easier and more convenient. At nearby Alamo Quarry Market locals can shop at their favorite brands, department stores, and catch a movie. There are tons of diverse eateries, cozy cafes, and chic coffee shops right in the community too. The neighborhood is only a short drive away from music venues, nightclubs, performing arts theaters, and major city attractions including the San Antonio Zoo and Botanical Gardens. Affordability and excellent location shape Olmos Park Terrace as the perfect home for renters at any age.
As of November 2025, the average apartment rent in Olmos Park Terrace is $709 for a studio, $1,011 for one bedroom, $1,350 for two bedrooms, and $1,728 for three bedrooms. Apartment rent in Olmos Park Terrace has increased by 1.8% in the past year.
Studio
456 sq ft
Average Sq Ft
$709/month
Average Rent
1 BR
632 sq ft
Average Sq Ft
$1,011/month
Average Rent
2 BR
967 sq ft
Average Sq Ft
$1,350/month
Average Rent
3 BR
1,364 sq ft
Average Sq Ft
$1,728/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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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 November 2025.