What is the average rent of an apartment in Melbourne, AR?

The average rent of an apartment in Melbourne, AR is $595 per month. This is about 70% lower than the national average.

When is the average rent for an apartment 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.

In the last year, the average rent in Melbourne, AR was highest in Jan 2025 when it was $563 per month.

There are 3 available apartments or condos to rent in Melbourne, AR.

Melbourne, AR includes zip codes such as: 72584 , 72517 , 72573 , 72540 .

Some nearby cities include: Brockwell , Sage , Franklin , Oxford , Mount Pleasant . These cities may have more rental options to explore.

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$495/mo
1 Bed
1 Bath
450 sqft
89 Moser St #3,
Melbourne, AR 72556
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Contact for price
1-3 Beds
1 Bath
Melbourne Affordable Housing | 135 College Dr,
Melbourne, AR 72556
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3 Beds
1 Bath
Melbourne Affordable Housing | 185 College Dr,
Melbourne, AR 72556
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1 Bed
1 Bath
Dixon Street Apartments | 110 Dixon St,
Melbourne, AR 72556
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$490/mo
1 Bed
1 Bath
450 sqft
89 Moser St #8,
Melbourne, AR 72556
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Apartments For Rent Near 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 for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Feb 2026.

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	1 bed	2 beds	3 beds	4 beds	All
All home types	$490	$700	—	—	$495
Apartments and Condos	$490	—	—	—	$490

What is the average rent of an apartment in Melbourne, AR?
The average rent of an apartment in Melbourne, AR is $595 per month. This is about 70% lower than the national average.
When is the average rent for an apartment 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 for an apartment most expensive in Melbourne, AR?
In the last year, the average rent in Melbourne, AR was highest in Jan 2025 when it was $563 per month.
How many apartments or condos are available to rent in Melbourne, AR?
There are 3 available apartments or condos to rent 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.