What's the average rent in Melbourne, FL?

Rental Market Trends in Melbourne, FL

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Melbourne, FL is $1,975 per month, which is 1% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$1,975
-1.3%
-$25 decrease month-over-month
-6.0%
-$125 decrease year-over-year

AVAILABLE RENTALS

352

APARTMENTS

$1,640

HOUSES

$2,300

TOWNHOUSES

$2,200
As of July 2026, apartments are the most affordable rental option in Melbourne, FL at $1,640 per month, while houses are the most expensive at $2,300 per month. Townhomes average $2,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,449
2 Bedrooms$1,700
3 Bedrooms$2,200
4 Bedrooms$2,609
All$1,975
As of July 2026, the average rent for a 1 bedroom rental in Melbourne, FL is $1,449 per month, followed by $1,700 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,609 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -6% compared to the previous year, which is a $120 decrease.
This year (2026)
Last year (2025)

Rent distribution

39% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $750 to $13,900.
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