Apartments For Rent in Melbourne, AR

6 rentals

Apartments For Rent Near Melbourne, AR

We found 30 more apartments matching your filters just outside Melbourne

What Locals Say about Melbourne

  • Jenbrassfield
    "Great area. Right in the middle of several vacation spots such as Hardy, Calico Rock, Mountain Home, Bull Shoals. Tons of places to camp, fish, and swim. "
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  • ElisabethM
    "I grow up outside of Melbourne and moved back after I married, my husband and I are looking to buy our own home in town soon. People are very friendly and it's a peaceful little town I just love it here"
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Average Rent Trends in Melbourne, AR

Rent in Melbourne, AR varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jan 2025$600
Feb 2025$525
Mar 2025$525
Apr 2025$525
May 2025$525
Jun 2025$495
Jul 2025$495
Aug 2025$495
Feb 2026$490
Mar 2026$490
Apr 2026$525
May 2026$525
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$525———$525
Apartments and Condos$490———$490
See more information about local market trends in Melbourne, AR

Frequently Asked Questions about Rentals in Melbourne, AR

  • What is the average rent of an apartment in Melbourne, AR?
    The average rent of an apartment in Melbourne, AR is $597 per month. This is about 69% lower than the national average.
  • When is the average rent cheapest in Melbourne, AR?
    In the last year, the average rent in Melbourne, AR was lowest in Jun 2025 when it was $495 per month.
  • When is the average rent most expensive in Melbourne, AR?
    In the last year, the average rent in Melbourne, AR was highest in Jan 2025 when it was $600 per month.
  • How many available rental listings are in Melbourne, AR?
    There are 5 available rental listings in Melbourne, AR.
  • What are some zip codes in Melbourne, AR?
    Melbourne, AR includes zip codes such as: 72584, 72517, 72573, 72540.
  • What are some cities near Melbourne, AR?
    Some nearby cities include: Brockwell, Sage, Franklin, Oxford, Mount Pleasant. These cities may have more rental options to explore.