
Cheap Homes for Rent in Melbourne, FL from $600 (90 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.


2214 Northview St NE, Unit O

4720 Elena Way

108 E Fee Ave

140 Bauer Dr

1226 Cypress Bend Cir

547 Church St

1030 June Dr

26 Seminole Ave W

28 Seminole Ave W
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.

20 Elton St

1049 June Dr

1041 June Dr

217 San Paulo Cir

1641 Sunny Brook Ln

1698 Brook St NE

4610 Lake Waterford Way

164 San Paulo Ct

1533 Richards Dr NE, Unit Rear Unit

1040 Ellen Ct
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.

216 Preston Ln

235 San Juan Cir

1038 Mollie Ln

503 Susan Dr

1701 Post Rd

4125 Pinewood Dr NE

1541 Avocado Ave

1175 Jasmine St

1011 Clearmont St NE

963 Sonesta Ave NE

1801 Island Club Dr

615 Greenwood Village Blvd

2160 Forest Knoll Dr NE

338 Elm St

281 San Juan Cir

6431 Borasco Dr

7667 N Wickham Rd

308 Jonquil Ln

1061 Ellen Ct

2276 W New Haven Ave

582 N Wickham Rd

128 San Paulo Cir

1495 Malibu Cir NE

739 Ridge Club Dr

122 Laurel Oak St

1491 Sheafe NE Ave

6470 Borasco Dr

441 Myrtlewood Rd

3150 N Harbor City Blvd

1656 Sunny Brook Ln
Melbourne, FL Local Guide

How much does it cost to rent a home in Melbourne?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melbourne 2 Bedroom Homes for Rent | $2,007 | $800 | $3,600 |
Melbourne 3 Bedroom Homes for Rent | $2,794 | $1,475 | $6,500 |
Melbourne 4 Bedroom Homes for Rent | $3,163 | $1,995 | $7,500 |
Melbourne 5 Bedroom Homes for Rent | $8,430 | $650 | $10,000+ |
Melbourne 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Melbourne
Explore Melbourne
Melbourne, FL Local Guide
- Melbourne Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Melbourne, FL
Pricing Updated: 05/09/2025Current apartment rentals in the Melbourne, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Melbourne Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Melbourne | $2,223 | $880 | 73 |
Suburban Melbourne | $6,217 | $1,050 | 1089 |
Cheapest Available Melbourne Apartments for Rent
 The cheapest available apartment rental in Melbourne, FL is a 2 Beds unit found at Lantern Village Apartments in the Suburban Melbourne neighborhood priced from $1,100. Lake Pointe in the Suburban Melbourne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,123. Here is today’s list of the most affordable Melbourne apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lantern Village Apartments | Two Bed | 2BR,1BA | $1,100 |
Lake Pointe | Breeze | 1BR,1BA | $1,123 |
The Reserves of Melbourne | Lunar | 1BR,1BA | $1,135 |
Caribbean Isle | 1B | 1BR,1BA | $1,195 |
Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
Meadowdale Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,224 |
Stonewood Townhomes | 1x1R | 1BR,1BA | $1,225 |
Topaz Village | Flat - Remodel | 1BR,1BA | $1,265 |
Eleven35 Apartments | One Bedroom Deluxe | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Melbourne, FL
As of May 09, 2025 the best value apartment in the 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 Melbourne apartment is the Three Bedroom Apartment Model at Trillium starting at $1,991 with a $1.56 price per square foot in the South Cove neighborhood. Here is today’s list of the best values for 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 |
Trillium | Three Bedroom Apartment | 3BR,2BA | $1.56 |
Marin at Harvard | B1 | 2BR,2BA | $1.50 |
Wickham Club | Three Bedroom Two Bath | 3BR,2BA | $1.41 |
Manatee Cove | 3x2 | 3BR,2BA | $1.22 |
The Brittany | Cabana | 2BR,2BA | $1.43 |
Bridgewater Pointe Apartments | 2x2 1150 sf | 2BR,2BA | $1.22 |
Palm Bay Club | B1 | 2BR,2BA | $1.28 |
Lantern Village Apartments | Two Bed | 2BR,1BA | $1.22 |
1875 Wabun Street Northeast, Unit Apt A | 1875 Wabun Street Northeast | 2BR,1BA | $1.41 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Melbourne
What type of rentals are currently available in Melbourne?
There are currently 310 Apartments for Rent in Melbourne, FL with pricing that ranges from $880 to $6,980. There are also 448 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $650 to $22,000.
What is the current price range for Rental Homes in Melbourne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melbourne ranges from $650 to $22,000 with an average monthly rent of $4,661.
How much are larger Three and Four Bedroom Rentals in Melbourne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Melbourne range from $1,467 to $6,980, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,475 to $6,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $880.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.