How much is the average rent in Melbourne, FL for 1-bedroom and 2-bedroom apartments?

Melbourne, Florida's 2025 rental market shows one-bedroom apartments averaging around $1,400 per month, while two-bedroom units rent for around $1,700 monthly. These figures represent current market conditions following recent price adjustments across different apartment sizes.

When is the best time to look for an apartment in Melbourne, FL?

December offers the lowest rental prices in Melbourne, Florida, with rents approximately 3.7% lower than peak season rates. February sees the highest rents of the year, while October and September provide the least competitive rental environment with reduced demand relative to available inventory.

What are the best neighborhoods to rent an apartment in Melbourne, FL?

Magnolia Heights and Southgate generate the highest renter interest in Melbourne, with Magnolia Heights drawing nearly 3 times more inquiries than average. For social connectivity, Autumn Woods, Alamanda Key, Harvard Apartments, and Pelican Manor offer high walk scores and strong community spaces that connect residents to Melbourne's broader social scene.

What areas of Melbourne, FL are best for budget-conscious renters?

Sherwood Park offers Melbourne's most affordable option with one-bedroom apartments around $900 monthly, running 34% below the city median. Magnolia Heights provides another budget-friendly choice at around $1,280 per month, sitting 6% under median pricing for cost-conscious renters.

Are there pet-friendly apartments in Melbourne, FL?

Melbourne offers excellent pet-friendly options in East Bay Plantation, Sherwood Park, Preserve at Lake Washington, and Fountainhead neighborhoods. These areas feature apartments with pet-safe windows, specialized pet flooring, outdoor spaces for daily activities, and many properties welcome pets without breed restrictions while providing dedicated pet areas.

Are utilities usually included in rent in Melbourne, FL?

Utilities are rarely included in Melbourne, Florida rental properties, appearing in less than 1% of total listings. One-bedroom apartments have the highest rate of utility inclusion at approximately 0.11% of available units, while other apartment sizes show even lower percentages of utility-inclusive rentals.

Are most apartments in Melbourne, FL largely older buildings or new developments?

Melbourne's rental market features primarily ranch-style homes from the post-World War II suburban expansion era, comprising 47% of available properties. Contemporary architecture represents 36% of the market, reflecting mid-20th century modernist principles, with these two styles together accounting for over 80% of Melbourne's rental options.