Melbourne, FL Rental Market Trends
What is the average rent in Melbourne?
The average rent for an apartment in Melbourne is $1,613. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Melbourne, FL
Last updated July 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,613 | 953 sq. ft. |
What is the average apartment size in Melbourne?
The average size for a Melbourne, FL apartment is 953 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Melbourne, FL apartment rent ranges
Melbourne, FL Occupied Housing Units
14,287 or 40% of the households in Melbourne, FL are renter-occupied while 21,667 or 60% are owner-occupied.
Melbourne, FL rent trends
Average Rent in Melbourne, FL By Neighborhood
| City | Average Rent |
|---|---|
| Suntree | $1,929 |
| West Melbourne | $1,761 |
/
Melbourne | Rent Comparison by Neighborhood
Rent in Suntree is 10% higher than in West Melbourne
$1,929
Suntree rent is 20% higher than Melbourne average
Average Rent
$1,929
$1,761
West Melbourne rent is 9% higher than Melbourne average
Average Rent
$1,761
How Melbourne Compares to Other Cities
| State | Average Rent |
|---|---|
| Melbourne | $1,613 |
| Jacksonville | $1,502 |
| Miami | $2,722 |
| Tampa | $2,030 |
| Cape Coral | $1,798 |
| Kissimmee | $1,829 |
| Orlando | $1,844 |
| West Palm Beach | $2,371 |
| Fort Lauderdale | $2,743 |
| Fort Myers | $1,814 |
| St. Petersburg | $2,075 |
| Palm Bay, FL | $1,560 |
| Fort Pierce, FL | $1,755 |
| Saint Cloud, FL | $2,130 |
| Oviedo, FL | $2,221 |
| Winter Park, FL | $1,708 |
| Cape Canaveral, FL | $1,371 |
| Edgewood, FL | $1,351 |
| Rockledge, FL | $1,769 |
| Cocoa, FL | $1,590 |
| West Melbourne, FL | $1,761 |
Most Popular Apartments in Melbourne
Mode At Melbourne
145 Cinnamon Cove Drive, Melbourne, FL 32901| 1 BED | N/A |
| 2 BEDS | $2,282+ |
| 3 BEDS | $2,052+ |
Windover Palms
310 Fitness Circle, Melbourne, FL 32901| 1 BED | $1,200+ |
| 2 BEDS | $1,410+ |
| 3 BEDS | $1,950+ |
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Lake In The Woods
333 Lake In The Woods Dr, Melbourne, FL 32901| STUDIO | $1,175+ |
| 1 BED | $1,377+ |
| 2 BEDS | $1,534+ |