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Cheap Apartments for Rent in the Downtown Melbourne Neighborhood of Melbourne, FL from $700 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Melbourne area of Melbourne.
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$8002 Bedroom, 1 Bath Townhome for RentAvailable Now
2214 Northview St NE, Unit O
2214 Northview St NE
Palm Bay, FL 32905Showing Results 1-5, Page 1 of 1
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 | $1,596 | $1,170 | $3,894 |
| Downtown Melbourne 2 Bedroom Apartments | $1,814 | $1,265 | $4,447 |
| Downtown Melbourne 3 Bedroom Apartments | $2,259 | $1,473 | $5,600 |
| Downtown Melbourne 4 Bedroom Apartments | $885 | $865 | $915 |
Browse Apartments in this Neighborhood
There are currently 5 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
- Nearby Melbourne neighborhoods
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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 Windover Palms priced from $1,200. Meadowdale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,224. Here are the most affordable Downtown Melbourne apartments for rent in Melbourne, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Meadowdale Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,224 |
| Topaz Village | Flat - Remodel | 1BR,1BA | $1,237 |
Best Value Apartments for Rent in Downtown Melbourne, FL
As of February 27, 2025 the best value apartment in the Downtown Melbourne area is the $1.30 price per square foot 1 Deluxe Model at The Palm Bay Grand Apartments in the in the South Cove neighborhood starting from $1,588. The second greatest value Downtown Melbourne apartment is the 3x2 Model at Manatee Cove starting at $1,473 with a $1.23 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. |
|---|---|---|---|
| The Palm Bay Grand Apartments | 1 Deluxe | 1BR,1BA | $1.30 |
| Manatee Cove | 3x2 | 3BR,2BA | $1.23 |
| Melbourne Commons | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Meri Palm Bay | B1 | 2BR,2BA | $1.47 |
| Legacy at Hibiscus Park | Mallow | 1BR,1BA | $1.57 |
| The Village at Melbourne | Dove | 2BR,2BA | $1.87 |
| Crane Creek Senior Apartments | Two Bedroom | 2BR,2BA | $1.50 |
| Aqua Palm Bay | Amelia | 1BR,1BA | $1.77 |
| Westshore Palm Bay | Lucine | 1BR,1BA | $1.94 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1.78 |
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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
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
How much is rent for a Cheap One Bedroom Downtown Melbourne Apartment?
The lowest price for a Cheap One Bedroom Downtown Melbourne Apartment is $1,200 at Windover Palms.
What is the lowest price for a Cheap Two Bedroom Downtown Melbourne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Melbourne is starting from $1,276 at Crane Creek Senior Apartments.
What is the most affordable Downtown Melbourne Three Bedroom Apartment?
The best deal on a cheap Downtown Melbourne Three Bedroom Apartment rental is at Manatee Cove and starts from $1,473.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.