Bedroom count
Property type
Last updated on October 31, 2026
Average rent in
Melbourne, FL
Average rent in
Last updated on October 31, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Melbourne, FL rent slipped 4.4% year over year, with a current median of $1,850/month. Renters today are paying $85 less per month on average than last year, despite a 3.9% increase month over month in October 2026.
Compared to national trends
Melbourne sits 2.6% more affordable than the $1,900/month national median, with 191 total rentals offering a smaller but varied market for renters.
Rent ranges by bedroom
Studios in Melbourne run around $1,379/month, 1-bedrooms around $1,375/month, 2-bedrooms around $1,642/month, 3-bedrooms around $2,000/month, and 4+ bedrooms around $2,692/month. The inventory is mostly houses, with fewer studios and 4+ bedroom units.
Neighborhood spotlight
Golf Club Estates and Windover Farms saw rents fall over 50% year over year to $1,690/month and $1,705/month respectively, while Ocean Side Village rents rose 30.3% to $2,600/month. These shifts contrast with the citywide 4.4% decline and show localized market dynamics in Melbourne, FL.
Median rent
Median rent in Melbourne
$1,850/mo
4%vs previous year
The average rent in Melbourne is $1,850 per month as of October 2026. This is 3% below the national average rent, or $50 less per month.
average price per square foot
Total rentals
Available rentals in Melbourne
191
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Melbourne rentals at each price point
Rent trends in Melbourne, FL
Average rent prices in Melbourne have increased by 4% over the last month and have decreased by 4% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Melbourne, FL
Rent prices in Melbourne vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Melbourne is $1,572, whereas a house costs $2,200. 1-bedroom apartments in Melbourne run $1,457 on average, while 2-bedroom apartments are $1,582.
Listings | ||||
|---|---|---|---|---|
Studio | $1,379 |  6% | 17% | |
1 bedroom | $1,375 | 9% | No Change | |
2 bedroom | $1,641 | 3% | 3% | |
3 bedroom | $2,000 | 3% | 9% | |
4 bedroom | $2,691 | 1% | 8% |
Listings | ||
|---|---|---|
Deer Lakes | $1,837 | |
Fountainhead | $1,745 | |
Grand Haven | $1,932 | |
Greentree Park | $1,745 | |
Hammock Trace Preserve | $1,700 | |
Indian River Bluff | $1,895 | |
Magnolia Park | $1,899 | |
Ocean Side Village | $2,600 | |
Sherwood Park | $1,745 | |
Sonesta Walk | $1,850 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,572 | 7% | 5% | |
Condos | $1,500 | No Change | 9% | |
Houses | $2,200 | 7% | No Change | |
Rooms | $857 | 43% | - |
Studio
Average rent
$1,379
Last 30 days
6%
Last year
17%
1 bedroom
Average rent
$1,375
Last 30 days
9%
2 bedroom
Average rent
$1,641
Last 30 days
3%
Last year
3%
3 bedroom
Average rent
$2,000
Last 30 days
3%
Last year
9%
4 bedroom
Average rent
$2,691
Last 30 days
1%
Last year
8%
Fountainhead
Average rent
$1,745
Magnolia Park
Average rent
$1,899
Sonesta Walk
Average rent
$1,850
Greentree Park
Average rent
$1,745
Ocean Side Village
Average rent
$2,600
Indian River Bluff
Average rent
$1,895
Deer Lakes
Average rent
$1,837
Grand Haven
Average rent
$1,932
Hammock Trace Preserve
Average rent
$1,700
Sherwood Park
Average rent
$1,745
Apartments
Average rent
$1,572
Last 30 days
7%
Last year
5%
Condos
Average rent
$1,500
Last year
9%
Houses
Average rent
$2,200
Last 30 days
7%
Rooms
Average rent
$857
Last 30 days
43%
The table above reflects average rent prices in Melbourne, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Melbourne, FL compare to other cities?
Compare median rent prices in Melbourne and Cape Canaveral by all bedroom counts and property types.
Melbourne
3%lower than the national median
8%higher than the national median
Takeaway
The median rent for all rentals in Melbourne, FL is 10% lower than the median rent in Cape Canaveral, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,050
2%$2,500
4%$1,650
2%$2,780
4%$3,125
12%$2,200
5%$1,900
$2,450
2%$1,997
2%$3,000
3%$2,472
1%$1,916
10%Discover rentals in Melbourne, FL
5d+ ago
Southgate house for rent in Melbourne
200 Southgate Blvd, Melbourne, FL 32901
5 beds
3 baths
$650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
23h ago
House for rent in Melbourne
2 beds
1 bath
$950
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
2d ago
Verified
3099 Park Village Way, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,346–$1,551
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
2d ago
7 Circle Ave, Melbourne, FL 32935
2 beds
1 bath
$1,225
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
University Park house for rent in Melbourne
2917 Stetson St, Melbourne, FL 32901
5 beds
3 baths
$5,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
House for rent in Melbourne
9284 Corvo Ct #NA, Melbourne, FL 32940
3 beds
3.5 baths
$4,200
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
Available Nov 1
5d+ ago
House for rent in Melbourne
702 Shady Ln, Melbourne, FL 32935
2 beds
2 baths
$4,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
House for rent in Melbourne
2242 Rodina Dr, Melbourne, FL 32940
4 beds
3.5 baths
$4,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
1d ago
Verified
2700 Croton Road, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,520–$1,620
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available May 11
3h ago
Verified
2848 Caribbean Isle Blvd, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,200–$2,240
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Oct 31
3d ago
Verified
2992 Rodina Dr, Melbourne, FL 32940
Studio–2 beds
1–2 baths
$1,757–$2,432
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Jun 30
17h ago
Verified
333 Lake In The Woods Dr, Melbourne, FL 32901
Studio–3 beds
1–2 baths
$1,362–$2,755
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
1d ago
Verified
1245 Palm Bay Rd Ne, Melbourne, FL 32905
1–2 beds
1–2 baths
$1,249–$1,299
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 29
2d ago
Verified
3099 Park Village Way, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,346–$1,551
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
5d+ ago
Verified
241 San Juan Cir #241, Melbourne, FL 32935
2 beds
2 baths
$1,390
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Condo for rent
Available Sep 20
1d ago
Verified
156 Bauer Dr, Melbourne, FL 32901
3 beds
2 baths
$1,799
Price dropped $130Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
1d ago
Verified
2700 Croton Road, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,520–$1,620
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available May 11
3h ago
Verified
2848 Caribbean Isle Blvd, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,200–$2,240
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Oct 31
3d ago
Verified
2992 Rodina Dr, Melbourne, FL 32940
Studio–2 beds
1–2 baths
$1,757–$2,432
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Jun 30
17h ago
Verified
333 Lake In The Woods Dr, Melbourne, FL 32901
Studio–3 beds
1–2 baths
$1,362–$2,755
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
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Frequently asked questions for Melbourne, FL
Quick answers to common questions about the Melbourne rental market.
How much is rent in Melbourne?
The average rent in Melbourne is $1,850 per month as of October 24, 2026.
Is rent up or down in Melbourne?
Average rent prices in Melbourne have increased by 4% over the last month and have decreased by 4% since last year.
How does Melbourne rent compare to the national average?
Rent in Melbourne is 3% below the national average, which means renters are paying approximately $50 less per month.
Which neighborhoods are most affordable in Melbourne?
The most affordable neighborhoods in Melbourne are Hammock Trace Preserve ($1,700/mo), Fountainhead ($1,745/mo), and Greentree Park ($1,745/mo).
What salary do I need to afford rent in Melbourne?
To comfortably afford rent in Melbourne, you'd need to earn approximately $74,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Melbourne?
December offers the lowest rents in Melbourne, with prices running about 3.7% below the February peak season. September and October also see less competitive conditions with reduced demand.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).