Average Rent in Chestnut Run, Melbourne, FL and Rent Price Trends

Rent trends in Chestnut Run, Melbourne, FL

Average rent prices in Chestnut Run have remained the same over the last month and have decreased by 26% 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
Chestnut Run, Melbourne, FL

Rent prices in Chestnut Run vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Chestnut Run is $1,644, whereas a house costs $2,200. 1-bedroom apartments in Chestnut Run run $1,490 on average, while 2-bedroom apartments are $1,648.


Studio	$1,050	-	-
1 bedroom	$1,300	-	-
2 bedroom	$1,700	-	-
3 bedroom	$2,250	No Change	11%
4 bedroom	$2,800	-	-

		Listings
Baytree	$2,180
Deer Lakes	$1,605
Eagle Harbor	$1,660
Grand Haven	$2,545
Live Oak	$1,750
Pebble Creek	$1,725


Apartments	$1,644	-	No Change
Condos	$1,500	-	No Change
Houses	$2,200	No Change	No Change

Studio

Average rent

$1,050

1 bedroom

Average rent

$1,300

2 bedroom

Average rent

$1,700

3 bedroom

Average rent

$2,250

Last year

11%

4 bedroom

Average rent

$2,800

The table above reflects average rent prices in Chestnut Run, 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 Chestnut Run, Melbourne, FL compare to other neighborhoods?

Compare median rent prices in Chestnut Run and Deer Lakes by all bedroom counts and property types.

Chestnut Run

Median rent price$1,700

13%

lower than the national median

Median rent price$1,605

18%

lower than the national median

Takeaway

The median rent for all rentals in Chestnut Run, Melbourne, FL is 6% higher than the median rent in Deer Lakes, Melbourne, FL.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,605

$1,660

$2,545

$1,750

$1,725

$2,180

Discover rentals in Chestnut Run, Melbourne, FL

1d ago

Chestnut Run house for rent in Melbourne

SINGLE_FAMILY - Ranch - Melbourne, FL

3210 Concours, Melbourne, FL 32934

3 beds

2 baths

$2,600

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Chestnut Run, Melbourne, FL

Quick answers to common questions about the Chestnut Run rental market.

How much is rent in Chestnut Run?

The average rent in Chestnut Run is $1,700 per month as of June 20, 2026.

Is rent up or down in Chestnut Run?

Average rent prices in Chestnut Run have remained the same over the last month and have decreased by 26% since last year.

How does Chestnut Run rent compare to the national average?

Rent in Chestnut Run is 13% below the national average, which means renters are paying approximately $250 less per month.

What salary do I need to afford rent in Chestnut Run?

To comfortably afford rent in Chestnut Run, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.

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).