What's the average rent in Melbourne, IA?
Rental Market Trends in Melbourne, IA
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Melbourne, IA is $700 per month, which is 64% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$700
$700 increase month-over-month
-9.7%-$75 decrease year-over-year
AVAILABLE RENTALS
1
APARTMENTS
HOUSES
TOWNHOUSES
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -10% compared to the previous year, which is a $75 decrease.
This year (2026)
Last year (2025)
Rent distribution
100% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $700 to $700.
