Cheap Apartments for Rent in Melbourne, FL
327 rentals
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- APPLY INSTANTLYFURNISHEDROOM FOR RENT
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- $1,099 - $1,449/moStudio-2 Beds1 BathMeadowdale Apartments | 248 E University Blvd #254H,
Melbourne, FL 32901 - $1,120 - $1,490/mo1-2 Beds1-2 BathsRivercrest Racquet | 3320 Rivercrest Dr #306,
Melbourne, FL 32935 - $1,139 - $1,472/mo1-2 Beds1-2 BathsCaribbean Isle | 2848 Caribbean Isle Blvd #5-511,
Melbourne, FL 32935 - $1,205 - $1,658/mo1-2 Beds1-2 BathsSavannahs at James Landing | 3051 Savannah Way #102-106,
Melbourne, FL 32935 - Total price$1,210 - $1,776/mo1-2 Beds1-3 BathsLake Pointe | 2880 N Wickham Rd #1204,
Melbourne, FL 32935 - $1,245 - $1,275/mo1 Bed1 Bath115 Aria Apartment Homes | 115 W Seminole Ave #204,
Melbourne, FL 32901 - $1,249 - $1,425/mo1-2 Beds1-2 BathsThe Park at Topaz Tuscana | 1245 Palm Bay Rd #1-V0204,
Palm Bay, FL 32905 - $1,250 - $1,495/mo1-2 Beds1 Bath098 - 1440 Parkway Dr | 98 Parkway Dr #11451778,
Melbourne, FL 32935 - $1,275 - $1,800/mo1-3 Beds1-2 BathsPalmview Cove Apartments | 3151 S Babcock St #1-100,
Melbourne, FL 32901 - $1,284 - $1,648/mo1-2 Beds1 BathVeridian Townhomes | 2420 Central Park Dr #2433C,
Melbourne, FL 32935 Save Search in Melbourne, FL
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Average Rent Trends in Melbourne, FL
Rent in Melbourne, FL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,100 |
| Sep 2025 | $2,100 |
| Oct 2025 | $2,095 |
| Nov 2025 | $2,068 |
| Dec 2025 | $1,957 |
| Jan 2026 | $2,008 |
| Feb 2026 | $1,957 |
| Mar 2026 | $1,921 |
| Apr 2026 | $1,976 |
| May 2026 | $1,910 |
| Jun 2026 | $1,950 |
| Jul 2026 | $1,980 |
Average Rent By Bedroom and Home Type
In July 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 | $1,449 | $1,700 | $2,200 | $2,609 | $1,975 |
| Townhomes | $1,400 | $1,850 | $2,295 | $2,900 | $2,200 |
| Apartments and Condos | $1,400 | $1,750 | $2,199 | $931 | $1,695 |
| Houses | $1,043 | $1,650 | $2,228 | $2,600 | $2,300 |
Frequently Asked Questions about Rentals in Melbourne, FL
- What is the average rent of an apartment in Melbourne, FL?The average rent of an apartment in Melbourne, FL is $1,667 per month. This is about 15% lower than the national average.
- When is the average rent cheapest in Melbourne, FL?In the last year, the average rent in Melbourne, FL was lowest in Dec 2025 when it was $1,957 per month.
- When is the average rent most expensive in Melbourne, FL?In the last year, the average rent in Melbourne, FL was highest in Jul 2025 when it was $2,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Melbourne, FL?The average rent of a 1 bedroom apartment in Melbourne, FL is $1,449 per month. That is about $91 more than the cost of a studio apartment.
- How many available rental listings are in Melbourne, FL?There are 352 available rental listings in Melbourne, FL.
- What colleges and universities are in Melbourne, FL?Colleges and universities in Melbourne, FL include: Florida Institute of Technology.
- What are some neighborhoods in Melbourne, FL?Some neighborhoods in Melbourne, FL include: June Park, Viera West.
- What are some zip codes in Melbourne, FL?
- What are some cities near Melbourne, FL?Some nearby cities include: Melbourne Village, Palm Shores, West Melbourne, Indian Harbour Beach, Satellite Beach. These cities may have more rental options to explore.
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