Last updated on August 11, 2026

Average rent in
Parkway Meadows, Melbourne, FL

Median rent

Median rent in Parkway Meadows

$1,399/mo

The average rent in Parkway Meadows is $1,399 per month as of August 2026. This is 27% below the national average rent, or $526 less per month.

$1.74

average price per square foot

Total rentals

Available rentals in Parkway Meadows

16

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Parkway Meadows rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Parkway Meadows, Melbourne, FL

Average rent prices in Parkway Meadows have remained the same over the last month.

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 $1,495, whereas a house costs $2,100. 1-bedroom apartments in Parkway Meadows run $1,361 on average, while 2-bedroom apartments are $1,595.

Listings

Studio

$1,100

-

-

1 bedroom

$1,361

-

-

2 bedroom

$1,650

-

-

3 bedroom

$2,100

No Change

-

4 bedroom

$2,650

4%

-

Studio

Average rent

$1,100

1 bedroom

Average rent

$1,361

2 bedroom

Average rent

$1,650

3 bedroom

Average rent

$2,100

Last 30 days

No Change

4 bedroom

Average rent

$2,650

Last 30 days

4%

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$1,399
decreased by27%

lower than the national median

Median rent price$1,495
decreased by22%

lower than the national median

Takeaway

The median rent for all rentals in Parkway Meadows, Melbourne, FL is 6% lower than the median rent in Chestnut Run, Melbourne, FL.

Stay up to date with rental market insights

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 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 $1,399 per month as of August 8, 2026.

Is rent up or down in Parkway Meadows?

Average rent prices in Parkway Meadows have remained the same over the last month.

How does Parkway Meadows rent compare to the national average?

Rent in Parkway Meadows is 27% below the national average, which means renters are paying approximately $526 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 $56,000/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).

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