Bedroom count
Property type
Last updated on June 18, 2026
Average rent in
Melbourne, FL
Average rent in
Last updated on June 18, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Melbourne, FL rent slipped 6.8% year over year, with a current median of $1,818/month. Renters today are paying $145 less per month on average than last year, while month-to-month rent is essentially flat.
Compared to national trends
Melbourne sits 6.8% more affordable than the $1,950/month national median, with 180 total rentals offering choice across the metro.
Price ranges
Studios in Melbourne run around $1,288/month, 1-bedrooms around $1,399/month, 2-bedrooms around $1,660/month, 3-bedrooms around $2,195/month, and 4+ bedrooms around $2,595/month. Houses rent for a median of $2,335/month, while apartments sit at $1,550/month, reflecting distinct price tiers.
Neighborhood spotlight
Rio Villa rents fell 49.4% year over year to $2,000/month across 20 rentals, with Golf Park close behind at -49.0%. The citywide market is down 6.8%, so these steep local declines stand out as a hyperlocal story.
Median rent
Median rent in Melbourne
$1,818/mo
7%vs previous year
The average rent in Melbourne is $1,818 per month as of June 2026. This is 7% below the national average rent, or $132 less per month.
average price per square foot
Total rentals
Available rentals in Melbourne
180
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Melbourne rentals at each price point
Rent trends in Melbourne, FL
Average rent prices in Melbourne have remained the same over the last month and have decreased by 7% 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 $1,550, whereas a house costs $2,335. 1-bedroom apartments in Melbourne run $1,451 on average, while 2-bedroom apartments are $1,570.
Listings | ||||
|---|---|---|---|---|
Studio | $1,288 | No Change | 3% | |
1 bedroom | $1,399 |  3% | 3% | |
2 bedroom | $1,660 | 2% | No Change | |
3 bedroom | $2,195 | 2% | No Change | |
4 bedroom | $2,595 | 4% | 4% |
Listings | ||
|---|---|---|
Bowe Gardens | $1,600 | |
Breeze Ridge | $1,800 | |
Eagle Lake | $1,799 | |
Grand Haven | $1,930 | |
Hammock Trace Preserve | $2,250 | |
Lake Washington Townhomes | $1,800 | |
Magnolia Hgts | $1,600 | |
Magnolia Park | $1,825 | |
Sherwood Park | $1,509 | |
University Park | $1,787 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,550 | No Change | No Change | |
Condos | $1,650 | No Change | No Change | |
Houses | $2,335 | 1% | No Change | |
Rooms | $800 | 15% | No Change |
Studio
Average rent
$1,288
Last 30 days
No Change
Last year
3%
1 bedroom
Average rent
$1,399
Last 30 days
3%
Last year
3%
2 bedroom
Average rent
$1,660
Last 30 days
2%
Last year
No Change
3 bedroom
Average rent
$2,195
Last 30 days
2%
Last year
No Change
4 bedroom
Average rent
$2,595
Last 30 days
4%
Last year
4%
Magnolia Park
Average rent
$1,825
University Park
Average rent
$1,787
Eagle Lake
Average rent
$1,799
Bowe Gardens
Average rent
$1,600
Magnolia Hgts
Average rent
$1,600
Lake Washington Townhomes
Average rent
$1,800
Sherwood Park
Average rent
$1,509
Hammock Trace Preserve
Average rent
$2,250
Grand Haven
Average rent
$1,930
Breeze Ridge
Average rent
$1,800
Apartments
Average rent
$1,550
Last 30 days
No Change
Condos
Average rent
$1,650
Last 30 days
No Change
Houses
Average rent
$2,335
Last 30 days
1%
Rooms
Average rent
$800
Last 30 days
15%
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
7%lower than the national median
10%higher than the national median
Takeaway
The median rent for all rentals in Melbourne, FL is 15% lower than the median rent in Cape Canaveral, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,150
11%$2,800
38%$1,600
10%$2,470
10%$3,700
20%$2,607
40%$1,970
1%$2,545
30%$1,920
5%$3,150
13%$2,475
12%$2,300
3%Discover rentals in Melbourne, FL
5d+ ago
University Park house for rent in Melbourne
2907 Rollins St #NA, Melbourne, FL 32901
4 beds
2 baths
$850
House for rent
Available Jun 3
10h ago
1032 Hidden Harbour Dr, Melbourne, FL 32935
1–3 beds
1–2 baths
$1,078–$1,962
Apartment for rent
5d+ ago
Apartment for rent in Melbourne
2421 Stone St #205, Melbourne, FL 32901
2 beds
1 bath
$1,175
Apartment for rent
5d+ ago
Annie Laurie Gardens townhouse for rent in Melbourne
22 Elton St #22D, Melbourne, FL 32935
2 beds
1 bath
$1,195
House for rent
Available Aug 1
1d ago
Verified
3 beds
2 baths
$5,871
$5,288
Price drop
Apartment for rent
3d ago
House for rent in Melbourne
4 beds
4.5 baths
$4,200
House for rent
5d+ ago
House for rent in Melbourne
8039 Allure Dr #1, Melbourne, FL 32940
3 beds
2.5 baths
$3,600
House for rent
Available Jul 15
5d+ ago
Condo for rent in Melbourne
1465 S Harbor City Blvd #204, Melbourne, FL 32901
3 beds
3 baths
$3,300
Condo for rent
1d ago
Verified
2700 Croton Road, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,375–$1,450
Apartment for rent
Available May 11
14h ago
Verified
2992 Rodina Dr, Melbourne, FL 32940
Studio–2 beds
1–2 baths
$2,030–$2,560
Apartment for rent
Available May 23
18h ago
Verified
2848 Caribbean Isle Blvd, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,384–$1,942
Apartment for rent
Available Jun 18
6h ago
Verified
333 Lake In The Woods Dr, Melbourne, FL 32901
Studio–3 beds
1–2 baths
$1,301–$3,041
Apartment for rent
14h ago
Verified
500 N Wickham Rd, Melbourne, FL 32935
Studio–2 beds
1–2 baths
$1,399–$1,499
Apartment for rent
Available Apr 1
17h ago
Verified
1245 Palm Bay Rd Ne, Melbourne, FL 32905
1–2 beds
1–2 baths
$1,249–$1,425
Apartment for rent
Available Jun 18
1d ago
Verified
100 E University Blvd, Melbourne, FL 32901
1–3 beds
1 bath
$1,199–$1,675
Apartment for rent
Available Jun 18
4d ago
Verified
4117 Bayberry Dr, Melbourne, FL 32901
3 beds
2 baths
$1,899
House for rent
Available Jun 26
1d ago
Verified
2700 Croton Road, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,375–$1,450
Apartment for rent
Available May 11
14h ago
Verified
2992 Rodina Dr, Melbourne, FL 32940
Studio–2 beds
1–2 baths
$2,030–$2,560
Apartment for rent
Available May 23
18h ago
Verified
2848 Caribbean Isle Blvd, Melbourne, FL 32935
1–2 beds
1–2 baths
$1,384–$1,942
Apartment for rent
Available Jun 18
6h ago
Verified
333 Lake In The Woods Dr, Melbourne, FL 32901
Studio–3 beds
1–2 baths
$1,301–$3,041
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 $1,818 per month as of June 13, 2026.
Is rent up or down in Melbourne?
Average rent prices in Melbourne have remained the same over the last month and have decreased by 7% since last year.
How does Melbourne rent compare to the national average?
Rent in Melbourne is 7% below the national average, which means renters are paying approximately $132 less per month.
Which neighborhoods are most affordable in Melbourne?
The most affordable neighborhoods in Melbourne are Sherwood Park ($1,509/mo), Bowe Gardens ($1,600/mo), and Magnolia Hgts ($1,600/mo).
What salary do I need to afford rent in Melbourne?
To comfortably afford rent in Melbourne, you'd need to earn approximately $73,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Melbourne?
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.
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).