Cheap Apartments for Rent in Melbourne, AR

3 rentals

Apartments For Rent Near Melbourne, AR

We found 30 more apartments matching your filters just outside Melbourne

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 in Melbourne, AR?
    The average rent in Melbourne, AR is $525. Rent prices range from $490 to as much as $650, depending on the type of rental.
  • How does the rent in Melbourne, AR compare to the national average?
    Average rent in Melbourne, AR is about 73% lower than the national average rent of $1,910. That means it is less expensive to rent in Melbourne compared to the U.S. average.
  • What is the average rent in Melbourne, AR, by number of bedrooms?
    The average rent in Melbourne, AR is $ for a studio, $525 for a 1 bedroom, $ for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
  • 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.