What's the average rent in Melbourne, KY?
Rental Market Trends in Melbourne, KY
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Melbourne, KY is $1,725 per month, which is 12% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,725
-20.5%-$445 decrease month-over-month
43.8%$525 increase year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $925 |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | — |
| All | $1,725 |
As of August 2026, the average rent for a 1 bedroom rental in Melbourne, KY is $925 per month, followed by $2,050 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,725 |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | — |
| All | $1,725 |
As of August 2026, the average rent for a 1 bedroom house in Melbourne, KY is $1,725 per month, followed by $2,050 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -33% compared to the previous year, which is a $400 decrease.
This year (2026)
Last year (2025)
Rent distribution
33% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $675 to $2,050.
