Bedroom count

Property type

Last updated on January 20, 2026

Average rent in
Melbourne, KY

Last updated on January 20, 2026

Last updated on January 20, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Melbourne, KY is $1,360. This is -28%, or $540, lower than the national average.

$1.16

average price per square foot

Median rent

$1,360

increased by13%
over the previous yearvs previous year

Total rentals

12

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Melbourne, KY is $1,360. This is -28%, or $540, lower than the national average.

$1.16

average price per square foot

Rent ranges

54%
38%
8%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

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.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Melbourne, KY, in the last 30 days, rent estimates may not represent the actual market.

Rent price trends in
Melbourne, KY

Rent price trends

Rent prices for all bedroom counts and property types in Melbourne, KY have remained the same in the last month and have increased by 13% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Melbourne, KY

The monthly rent for an apartment in Melbourne, KY is $1,202. A 1-bedroom apartment in Melbourne, KY costs about $1,147 on average, while a 2-bedroom apartment is $1,297. Houses for rent in Melbourne, KY are more expensive, with an average monthly cost of $1,595.

Comparables

1 bedroom

$1,230

No Change

8%

2 bedroom

$1,295

No Change

7%

3 bedroom

$1,795

No Change

48%

4 bedroom

$2,000

-

-

Studio

$795

-

-

Studio

Average rent

$795

1 bedroom

Average rent

$1,230

Last year

8%

2 bedroom

Average rent

$1,295

Last year

7%

3 bedroom

Average rent

$1,795

Last year

48%

4 bedroom

Average rent

$2,000

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$1,360
decreased by28%

lower than the national median

Median rent price$875
decreased by54%

lower than the national median

Takeaway

The median rent for all rentals in Melbourne, KY is 55% higher than the median rent in Arlington Heights, OH.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual 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.

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