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Apartments in Melbourne

31 - 41 of 41 Results
25
$1,650 - 2,580
Highline Apartments
3.4
635 E New Haven Ave Melbourne, FL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
25
$1,293 - 1,828
The Reserves Of Melbourne
2262 Crippen Ct Melbourne, FL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
15
$1,447 - 1,689
Park Village Apartments
3099 Park Village Way Melbourne, FL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
56
$22,000
3059 Wyndham Way
Melbourne, FL
5 BR | Available Now
Contact
House
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
$2,895
860 Spring Oak Dr
Melbourne, FL
4 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
Pool
57
$3,900
1465 S Hbr
Melbourne, FL
3 BR | Available Now
Contact
House
Storage
Dishwasher
23
$1,500
5683 Star Rush Dr Unit Apt
Melbourne, FL
1 BR | Jun. 1, 2024
Contact
Dog Friendly
Storage
Dishwasher
3
$1,325
115 W Seminole Ave
Melbourne, FL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
$1,700
4559 N Us Hwy
Melbourne, FL
3 BR | Available Now
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Dog Friendly
House
Storage
Dishwasher
16
Call for Pricing
1390 Sunwood Dr
Melbourne, FL
Studio | Ask for Availability
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1
Call for Pricing
38 Suntree
Melbourne, FL
Studio | Ask for Availability
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31 - 41 of 41 Results
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How much does it cost to rent an apartment in Melbourne?

Melbourne Apartments
Bed Type Average Rent Range
Studio $1,650 $1,310 - $2,620
1BR $1,360 $1,190 - $1,860
2BR $1,620 $1,440 - $2,200
3BR $2,400 $1,700 - $4,450
Frequently Asked Questions

How many apartments are available in Melbourne, FL on Rentable.co?

Rentable.co has over 3,895 apartments available in Melbourne.

What is the average rent for a studio apartment in Melbourne, FL?

The average rent for a studio apartment in Melbourne is around $1,650 per month.

What is the average rent for a one-bedroom apartment in Melbourne, FL?

The average rent for a one-bedroom apartment in Melbourne is around $1,360 per month.

What is the average rent for a two-bedroom apartment in Melbourne, FL?

The average rent for a two-bedroom apartment in Melbourne is around $1,620 per month.

How expensive is it to rent an apartment in Melbourne, FL?

For a two-bedroom apartment in Melbourne, the average rent price is $1,620 per month, which is similar to the national average of $1,630 per month.

Can I afford an apartment for rent in Melbourne, FL?

Based on average rent prices in Melbourne, to afford a studio apartment you would need an annual household income of $66,000 to live comfortably.

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Campuses Nearby

Florida Institute of Technology

Melbourne:
April Rent Report

Welcome to the April 2024 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Melbourne rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Melbourne and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Melbourne average rent prices in the chart below.

Monthly Rent Report

$1,700
$1,280
$850
$430
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Melbourne Rent Prices Decrease From March to April

Melbourne rent prices decreased over the last month. From March to April, the city experienced a -0.23% decrease for the price of a one-bedroom apartment. The rent price for a Melbourne one-bedroom apartments currently stands at $1,319.0.

When we take a look at the two-bedroom comparison from March to April, Melbourne experienced a 0.85% increase for the price of a two-bedroom apartment. The rent price for a Melbourne two-bedroom apartments currently stands at $1,538.0.

April Prices: Melbourne vs. Surrounding Areas

Rent Prices in Melbourne and Surrounding Areas

Rent prices have decreased in Melbourne over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Melbourne suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Melbourne suburbs

  • Rents did not decrease in any of the Melbourne suburbs.

April 2024 Pricing Trends: Melbourne vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Melbourne Rent Prices More Affordable Than Major Cities

Rent growth in Melbourne over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Melbourne average rent prices appear to be relatively affordable for local residents.

The price for a Melbourne one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Melbourne and surrounding area rent prices, take a look at the complete data set below.

Data set for Melbourne and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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