What's the average rent in Melbourne, FL?

Rental Market Trends in Melbourne, FL

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Melbourne, FL is $1,995 per month, which is 3% higher than the national average rent of $1,930 per month.

AVERAGE RENT

$1,995
-0.3%
-$5 decrease month-over-month
-0.3%
-$5 decrease year-over-year

AVAILABLE RENTALS

379

APARTMENTS

$1,659

HOUSES

$2,400

TOWNHOUSES

$2,100
As of May 2026, apartments are the most affordable rental option in Melbourne, FL at $1,659 per month, while houses are the most expensive at $2,400 per month. Townhomes average $2,100 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,450
2 Bedrooms$1,700
3 Bedrooms$2,265
4 Bedrooms$2,450
All$1,995
As of May 2026, the average rent for a 1 bedroom rental in Melbourne, FL is $1,450 per month, followed by $1,700 for a 2 bedroom rental, $2,265 for a 3 bedroom rental, and $2,450 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -7% compared to the previous year, which is a $135 decrease.
This year (2026)
Last year (2025)

Rent distribution

38% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $625 to $15,550.
discover
a place
you'll love
to live