Cheap Apartments for Rent in Melbourne, IA

1 rentals

  • 205 Owen St #3, Melbourne, IA 50162
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    NEW - 13 HRS AGO
    PET FRIENDLY

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Apartments For Rent Near Melbourne, IA

We found 30 more apartments matching your filters just outside Melbourne

Average Rent Trends in Melbourne, IA

Rent in Melbourne, IA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Apr 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Feb 2025$775
Mar 2025$775
Apr 2025$775
May 2025$775
Jun 2025$775
Jul 2025$775
Oct 2025$595
Nov 2025$636
Dec 2025$550
Feb 2026$695
Mar 2026$700
Apr 2026$700
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See more information about local market trends in Melbourne, IA

Frequently Asked Questions about Rentals in Melbourne, IA

  • What is the average rent of an apartment in Melbourne, IA?
    The average rent of an apartment in Melbourne, IA is $595 per month. This is about 70% lower than the national average.
  • When is the average rent cheapest in Melbourne, IA?
    In the last year, the average rent in Melbourne, IA was lowest in Dec 2025 when it was $550 per month.
  • When is the average rent most expensive in Melbourne, IA?
    In the last year, the average rent in Melbourne, IA was highest in Jan 2025 when it was $775 per month.
  • How many available rental listings are in Melbourne, IA?
    There are 1 available rental listings in Melbourne, IA.
  • What are some zip codes in Melbourne, IA?
    Melbourne, IA includes zip codes such as: 50162.
  • What are some cities near Melbourne, IA?
    Some nearby cities include: Haverhill, Rhodes, Laurel, State Center, Baxter. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Melbourne, IA - 210 Rentas | Trulia