Average Rent in Parkway Meadows, Melbourne, FL and Rent Price Trends

Rent trends in Parkway Meadows, Melbourne, FL

Average rent prices in Parkway Meadows have remained the same over the last month and have decreased by 32% 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
Parkway Meadows, Melbourne, FL

Rent prices in Parkway Meadows vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Parkway Meadows is $1,414, whereas a house costs $1,997. 1-bedroom apartments in Parkway Meadows run $1,295 on average, while 2-bedroom apartments are $1,479.


Studio	$1,050	-	-
1 bedroom	$1,246	-	-
2 bedroom	$1,685	-	-
3 bedroom	$1,865	No Change	7%
4 bedroom	$2,430	4%	-

		Listings
Chestnut Run	$1,700
Eagle Harbor	$1,660
Live Oak	$1,750
Longwood	$1,800
Pinehurst Gardens	$1,605
Windsor Estates	$2,040


Apartments	$1,414	-	No Change
Condos	$1,425	-	No Change
Houses	$1,997	3%	No Change

Studio

Average rent

$1,050

1 bedroom

Average rent

$1,246

2 bedroom

Average rent

$1,685

3 bedroom

Average rent

$1,865

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,430

Last 30 days

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

Compare median rent prices in Parkway Meadows and Chestnut Run by all bedroom counts and property types.

Parkway Meadows

Median rent price$1,500

23%

lower than the national median

Median rent price$1,700

13%

lower than the national median

Takeaway

The median rent for all rentals in Parkway Meadows, Melbourne, FL is 12% lower than the median rent in Chestnut Run, Melbourne, FL.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,700

$1,660

$1,750

$1,800

$1,605

$2,040

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Frequently asked questions for Parkway Meadows, Melbourne, FL

Quick answers to common questions about the Parkway Meadows rental market.

How much is rent in Parkway Meadows?

The average rent in Parkway Meadows is $1,500 per month as of June 20, 2026.

Is rent up or down in Parkway Meadows?

Average rent prices in Parkway Meadows have remained the same over the last month and have decreased by 32% since last year.

How does Parkway Meadows rent compare to the national average?

Rent in Parkway Meadows is 23% below the national average, which means renters are paying approximately $450 less per month.

What salary do I need to afford rent in Parkway Meadows?

To comfortably afford rent in Parkway Meadows, you'd need to earn approximately $60,000/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).