What's the average rent in Melbourne, FL?

Rental Market Trends in Melbourne, FL

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Melbourne, FL is $1,973 per month, which is 1% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$1,973
-0.4%
-$7 decrease month-over-month
-4.6%
-$95 decrease year-over-year

AVAILABLE RENTALS

388

APARTMENTS

$1,794

HOUSES

$2,200

TOWNHOUSES

$2,000
As of October 2026, apartments are the most affordable rental option in Melbourne, FL at $1,794 per month, while houses are the most expensive at $2,200 per month. Townhomes average $2,000 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$1,750
3 Bedrooms$2,150
4 Bedrooms$2,500
All$1,973
As of October 2026, the average rent for a 1 bedroom rental in Melbourne, FL is $1,450 per month, followed by $1,750 for a 2 bedroom rental, $2,150 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -5% compared to the previous year, which is a $111 decrease.
This year (2026)
Last year (2025)

Rent distribution

42% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $625 to $8,000.
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