Cheap Apartments for Rent in 32940
77 rentals
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SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFER
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLYTotal price$1,687 - $2,699/mo
1-3 Beds
1-2 BathsThe Pearl of Viera | 2434 Metfield Dr,
Melbourne, FL 32940
PET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,775 - $2,465/mo1-3 Beds1-2 BathsHighlands Viera West | 2185 Judge Fran Jamieson Way,
Melbourne, FL 32940
SPECIAL OFFERPET FRIENDLYTotal price$1,784 - $2,413/mo1-3 Beds1-2 BathsMarisol at Viera | 2439 Casona Ln,
Melbourne, FL 32940
NEW - 22 HRS AGOPET FRIENDLY
PET FRIENDLYTotal price$1,795 - $2,626/mo1-3 Beds1-2 BathsArtisan at Viera | 2560 Judge Fran Jamieson Way,
Melbourne, FL 32940
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
NEW - 22 HRS AGO
PET FRIENDLY
NEW - 15 HRS AGOSPECIAL OFFERPET FRIENDLY$1,806 - $2,725/mo1-3 Beds1-2 BathsCentre Pointe Apartments | 6705 Shadow Creek Trl,
Melbourne, FL 32940
NEW - 23 HRS AGOAPPLY INSTANTLYPET FRIENDLYFURNISHED
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERSENIOR HOUSINGPET FRIENDLYTotal price$2,057 - $3,605/mo1-2 Beds1-3 BathsRise Viera 55+ Active Adult Apartment Homes | 8353 Auterra Dr,
Melbourne, FL 32940
PET FRIENDLY
PET FRIENDLY
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Average Rent Trends in 32940
Rent in 32940 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $2,400 |
| Jan 2026 | $2,419 |
| Feb 2026 | $2,456 |
| Mar 2026 | $2,400 |
| Apr 2026 | $2,400 |
| May 2026 | $2,350 |
| Jun 2026 | $2,430 |
| Jul 2026 | $2,500 |
| Aug 2026 | $2,533 |
| Sep 2026 | $2,550 |
| Oct 2026 | $2,500 |
| Nov 2026 | $2,300 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,640 | $1,899 | $2,650 | $3,200 | $2,360 |
| Townhomes | — | $1,700 | $1,825 | $3,200 | $1,825 |
| Apartments and Condos | $1,400 | $1,795 | $2,200 | — | $1,650 |
| Houses | — | $1,850 | $2,990 | $3,400 | $3,000 |
Frequently Asked Questions about Cheap Apartments for rent in 32940
- How many cheap apartments are for rent in 32940?Trulia currently lists 289 cheap apartments for rent in 32940.
- How much do cheap apartments in 32940 rent for?Rents for cheap apartments in 32940 range from $1,250 to $25,000 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in 32940, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in 32940?This page sorts apartments in 32940 from lowest rent up, starting at $1,250 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en 32940 - 288 Rentas | Trulia