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Apartments in 32940

1 - 16 of 16 Results
30
$1,745 - 2,425
Legacy at Oakwood Landing
Deal
2705 Bosque Cir Melbourne, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
45
$1,425 - 2,545
Lakes at Suntree
5.0
201 Plantation Club Drive Melbourne, FL
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Fitness Center
Pool
44
$2,600
Terraces At Heritage Isle!!
6828 Toland Dr Melbourne, FL
2 BR | Available Now
Contact
Furnished
Storage
Dishwasher
Pool
33
$4,900
Gorgeous Estate Home
3387 Cappio Dr Melbourne, FL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
28
$1,900
Beautiful Gated Community With Lots Of Amenities To Enjoy!
6470 Borasco Dr #3103 Melbourne, FL
2 BR | Available Now
Contact
House
Fitness Center
Storage
Dishwasher
20
$2,500
55+ Home In Viera
3472 Carambola Cir Melbourne, FL
3 BR | Available Now
Contact
Cat Friendly
House
Storage
Disability Access
56
$22,000
Welcome To 3059 Wyndham Way
3059 Wyndham Way Melbourne, FL
5 BR | Available Now
Contact
House
Storage
Disability Access
Dishwasher
23
$1,500
5683 Star Rush Dr Unit Apt
Melbourne, FL
1 BR | Jun. 1, 2024
Contact
Dog Friendly
Storage
Dishwasher
17
$2,400
710 Flora Linda Dr
Melbourne, FL
3 BR | May. 20, 2024
Contact
House
Dishwasher
35
$3,500
401 Crystal Lake Dr
Melbourne, FL
3 BR | Available Now
Contact
House
Dishwasher
19
$1,550
6451 Borasco Dr Unit 1606
Melbourne, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
39
$3,200
7155 Primavera Ln
Melbourne, FL
3 BR | Available Now
Contact
Dog Friendly
House
19
$2,800
Beautiful Pool Home In Viera!
8056 Bracken Ln Melbourne, FL
3 BR | Available Now
Contact
House
Dishwasher
10
$1,350
6431 Borasco Dr
Melbourne, FL
1 BR | Available Now
Contact
House
Storage
Disability Access
Dishwasher
$1,475
5275 N Hwy
Palm Shores, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$2,000
Quiet Suntree Neighborhood.
959 Hart Pl Melbourne, FL
3 BR | Jun. 10, 2024
Contact
House
Dishwasher
1 - 16 of 16 Results
  1. Home
  2. Melbourne
  3. 32940

How much does it cost to rent an apartment in 32940?

32940 apartments
Bed Type Average Rent Range
1BR $1,540 $1,350 - $1,750
2BR $1,960 $1,590 - $2,240
3BR $2,430 $2,040 - $4,760
Frequently Asked Questions

How many apartments are available in 32940 on Rentable.co?

Rentable.co has 16 apartments available for rent in 32940.

What is the average rent for an apartment in 32940?

The average rent for an apartment in 32940 is around $1,970 per month.

What is the average rent for a two-bedroom apartment in 32940?

The average rent for a two-bedroom apartment in 32940 is around $1,960 per month.

What is the average rent for a one-bedroom apartment in 32940?

The average rent for a one-bedroom apartment in 32940 is around $1,540 per month.

Find an Apartment in 32940
Looking for apartments for rent in 32940 Melbourne, FL? Look no further! Right now, there are 43 units available for rent in this area on Rentable. The average rent in 32940 is $1,970, with 1-bedroom units starting at $1,350.

The 32940 zip code in Melbourne, FL offers a variety of housing options for renters. Whether you're looking for a spacious apartment or a cozy house, there are options available to suit your needs.

In addition to the available rentals, the 32940 area is known for its proximity to various points of interest. Nearby parks, such as Wickham Park or Viera Regional Park, provide residents with opportunities for outdoor activities and relaxation. The community also offers amenities like shopping centers, restaurants, and entertainment venues.

Ready to find your next rental? Take a look at Rentable's apartments near 32940 Melbourne, FL and discover the perfect place to call home. Whether you're new to the area or a long-time resident, Rentable can help you find the rental that meets your criteria and preferences.

Melbourne:
May Rent Report

Welcome to the May 2024 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Melbourne Rent Prices Increase From April to May

Melbourne rent prices increased over the last month. From April to May, the city experienced a 0.76% increase for the price of a one-bedroom apartment. The rent price for a Melbourne one-bedroom apartments currently stands at $1,329.0.

When we take a look at the two-bedroom comparison from April to May, Melbourne experienced a 1.95% increase for the price of a two-bedroom apartment. The rent price for a Melbourne two-bedroom apartments currently stands at $1,568.0.

May Prices: Melbourne vs. Surrounding Areas

Rent Prices in Melbourne and Surrounding Areas

Rent prices have increased 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.

May 2024 Pricing Trends: Melbourne vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Melbourne Rent Prices More Affordable Than Major Cities

Rent growth in Melbourne over the past year has been on the rise. 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 May 1 BR M/M % Change 2 BR May 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.

Browse Melbourne Apartments
Melbourne Apartments by Bedrooms
Melbourne Apartments by Affordability
Melbourne Apartments with Amenities
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