Average Rent in Melbourne, KY and Rent Price Trends

Rent price summary for
Melbourne, KY

As of August 2025, the median rent for all bedroom counts and property types in Melbourne, KY is $1,422. This is -29% lower than the national average.

$1.08

average price per square foot

Median rent

$1,422

As of August 2025, we do not have enough inventory to generate median rent for all bedroom counts and property types in Melbourne, KY. Please check back soon.

Total rentals

15

for rent on Zumper.com

As of August 2025, the median rent for all bedroom counts and property types in Melbourne, KY is $1,422. This is -29% lower than the national average.

$1.08

average price per square foot

Rent ranges

75%

13%

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

90%

10%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Melbourne, KY
The monthly rent for an apartment in Melbourne, KY is $1,372. A 1-bedroom apartment in Melbourne, KY costs about $1,095 on average, while a 2-bedroom apartment is $1,495. Houses for rent in Melbourne, KY are more expensive, with an average monthly cost of $1,495.


1 bedroom	$1,325	No Change	-
2 bedroom	$1,495	No Change	-
3 bedroom	$2,150	No Change	-
4 bedroom	$2,500	-	-
Studio	$1,385	-	-


Apartments	$1,372	-	No Change
Condos	$1,250	-	No Change
Houses	$1,495	No Change	No Change

Studio

Average rent

$1,385

1 bedroom

Average rent

$1,325

2 bedroom

Average rent

$1,495

3 bedroom

Average rent

$2,150

4 bedroom

Average rent

$2,500

The table above reflects average rent prices in Melbourne, KY, 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.

Compare rent prices in Melbourne, KY to other cities

Median rent prices in Melbourne, KY for all bedroom counts and property types compared to Arlington Heights, OH.

Melbourne

Median rent price$1,422

29%

lower than the national median

Median rent price$1,100

45%

lower than the national median

Takeaway

The median rent for all rentals in Melbourne, KY is 29% higher than the median rent in Arlington Heights, OH.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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