200 Southgate Blvd
MelbourneFL32901
Cheap Apartments for Rent in the Downtown Melbourne Neighborhood of Melbourne, FL from $700 (9 Rentals)
Cheap Apartments in the Downtown Melbourne area of Melbourne.
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2801 Dorsey Pl
MelbourneFL32901
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
108 E Fee Ave
MelbourneFL32901
140 Bauer Dr
MelbourneFL32901
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
2214 Northview St NE, Unit O
2214 Northview St NE
Palm BayFL32905
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Downtown Melbourne, Melbourne, FL Local Guide
How much does it cost to rent an apartment in Downtown Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Melbourne 1 Bedroom Apartments | $1,655 | $1,199 | $2,610 |
| Downtown Melbourne 2 Bedroom Apartments | $1,875 | $1,268 | $3,116 |
| Downtown Melbourne 3 Bedroom Apartments | $2,304 | $1,467 | $4,716 |
| Downtown Melbourne 4 Bedroom Apartments | $1,662 | $880 | $3,195 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Melbourne Neighborhood of Melbourne, FL.
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Downtown Melbourne, Melbourne, FL Local Guide
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Cheapest Available Downtown Melbourne Apartments for Rent
The cheapest available apartment rental in the Downtown Melbourne area of Melbourne, FL is a 1 Bed unit found at Topaz Village priced from $1,199. Windover Palms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Downtown Melbourne apartments for rent in Melbourne, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Topaz Village | Flat - Remodel | 1BR,1BA | $1,199 |
| Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Meadowdale Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,224 |
Best Value Apartments for Rent in Downtown Melbourne, FL
As of May 04, 2025 the best value apartment in the Downtown Melbourne area is the $0.49 price per square foot 4x4 Student Apartment Model at Melbourne Commons in the in the South Cove neighborhood starting from $865. The second greatest value Downtown Melbourne apartment is the 3x2 Model at Manatee Cove starting at $1,467 with a $1.22 price per square foot in the Coastal Brevard neighborhood. Here is today’s list of the best values for Downtown Melbourne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Melbourne Commons | 4x4 Student Apartment | 4BR,4BA | $0.49 |
| Manatee Cove | 3x2 | 3BR,2BA | $1.22 |
| Bridgewater Pointe Apartments | 2x2 1150 sf | 2BR,2BA | $1.22 |
| Palm Bay Club | B1 | 2BR,2BA | $1.26 |
| 616 E New Haven Ave, Unit 4 | 616 E New Haven Ave | 2BR,1BA | $1.79 |
| Lake in the Woods | The Lancaster | 2BR,2BA | $1.73 |
| Eastshore Palm Bay | Captiva | 1BR,1BA | $1.85 |
| Legacy at Hibiscus Park | Camerone | 1BR,1BA | $1.73 |
| Westshore Palm Bay | Lucine | 1BR,1BA | $1.86 |
| Woodlake Village | 1 Bed 1 Bath Deluxe | 1BR,1BA | $1.72 |
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Best Local Schools in Downtown Melbourne, Melbourne, FL
School data provided by Great Schools
Getting Around the Downtown Melbourne Neighborhood in Melbourne, FL
Walk Score®
68 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Melbourne Apartments
What is the price of a cheap apartment in Downtown Melbourne?
The cheapest apartment in Downtown Melbourne is Topaz Village which is listed at $1,199, while the average apartment in Downtown Melbourne costs $2,228.
What types of apartments are the cheapest in Downtown Melbourne?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Downtown Melbourne that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Melbourne?
Cheap apartments in Downtown Melbourne have an average cost of $552 which is $1,676 cheaper than the average rent for all rentals in Downtown Melbourne.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.