What's the average rent in Melbourne, FL?
Rental Market Trends in Melbourne, FL
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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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,950 |
| 2 Bedrooms | $1,850 |
| 3 Bedrooms | $2,150 |
| 4 Bedrooms | $2,500 |
| All | $2,100 |
As of May 2026, the average rent for a 1 bedroom townhome in Melbourne, FL is $1,950 per month, followed by $1,850 for a 2 bedroom townhome, $2,150 for a 3 bedroom townhome, and $2,500 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,350 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $856 |
| All | $1,650 |
As of May 2026, the average rent for a 1 bedroom apartment in Melbourne, FL is $1,350 per month, followed by $1,700 for a 2 bedroom apartment, $2,400 for a 3 bedroom apartment, and $856 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,756 |
| 3 Bedrooms | $2,350 |
| 4 Bedrooms | $2,435 |
| All | $2,400 |
As of May 2026, the average rent for a 1 bedroom house in Melbourne, FL is $1,000 per month, followed by $1,756 for a 2 bedroom house, $2,350 for a 3 bedroom house, and $2,435 for a 4 bedroom house.
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.