What's the average rent in Melbourne, FL?

Rental Market Trends in Melbourne, FL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Melbourne, FL is $1,994 per month, which is 2% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$1,994
2.3%
$44 increase month-over-month
-5.0%
-$106 decrease year-over-year

AVAILABLE RENTALS

367

APARTMENTS

$1,668

HOUSES

$2,399

TOWNHOUSES

$2,100
As of August 2026, apartments are the most affordable rental option in Melbourne, FL at $1,668 per month, while houses are the most expensive at $2,399 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$1,669
3 Bedrooms$2,200
4 Bedrooms$2,700
All$1,994
As of August 2026, the average rent for a 1 bedroom rental in Melbourne, FL is $1,450 per month, followed by $1,669 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,700 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -8% compared to the previous year, which is a $171 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 $700 to $13,900.
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