Cheap Apartments for Rent in Melbourne, KY

2 rentals

Apartments For Rent Near Melbourne, KY

We found 30 more apartments matching your filters just outside Melbourne

Average Rent Trends in Melbourne, KY

Rent in Melbourne, KY varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Jun 2026.
MonthAverage rent
Mar 2025$1,200
Apr 2025$1,200
May 2025$1,200
Jun 2025$1,200
Jul 2025$1,200
Aug 2025$1,200
Jun 2026$2,200
Jul 2026$2,150
Aug 2026$800
Sep 2026$1,725
Oct 2026$1,280
Nov 2026$784
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$925——$1,725$772
Houses———$1,725$1,725

Frequently Asked Questions about Rentals in Melbourne, KY

  • What is the average rent of an apartment in Melbourne, KY?
    The average rent of an apartment in Melbourne, KY is $772 per month. This is about 60% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Melbourne, KY?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,200 per month.
  • How many cheap apartments are available in Melbourne, KY?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $772.
  • When is the average rent most expensive in Melbourne, KY?
    In the last year, the average rent in Melbourne, KY was highest in Jan 2025 when it was $1,200 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Melbourne, KY?
    The average rent of a 1 bedroom apartment in Melbourne, KY is $925 per month. That is about $230 more than the cost of a studio apartment.
  • What are some zip codes in Melbourne, KY?
    Melbourne, KY includes zip codes such as: 41059.
  • What are some cities near Melbourne, KY?
    Some nearby cities include: Silver Grove, Crestview, Cold Spring, Cherry Grove, Sherwood. These cities may have more rental options to explore.