Cheap Apartments for Rent in the Suburban Melbourne Neighborhood of Melbourne, FL from $300 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Suburban Melbourne area of Melbourne.

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2005 Carlton Dr
$1,3001 Bedroom, 1 Bath RentalsAvailable Now

2005 Carlton Dr

Melbourne, FL 32935
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Palm Harbor Villas
Studio to 2 Bedroom Apartments

Palm Harbor Villas

820 N Wickham RdMelbourne, FL 32935
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Parkway Place
1 to 3 Bedroom Apartments

Parkway Place

3040 Bennett LnMelbourne, FL 32935
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Rockledge Villas
1 to 3 Bedroom Apartments

Rockledge Villas

1525 S Fiske BlvdRockledge, FL 32955

Suburban Melbourne, Melbourne, FL Local Guide

Cheapest Available Suburban Melbourne Apartments for Rent

 

The cheapest available apartment rental in the Suburban Melbourne area of Melbourne, FL is a 1 Bed unit found at Mission Bay Apartments priced from $1,100. The Reserves of Melbourne has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Suburban Melbourne apartments for rent in Melbourne, FL:

Apartment ListingModel NameBed/BathPriced From
Mission Bay ApartmentsSierra1BR,1BA$1,100
The Reserves of MelbourneLunar1BR,1BA$1,195
The Lenox at Merritt IslandPalm Shores2BR,2BA$1,195
Park Village ApartmentsLaketree1BR,1BA$1,218
The Park at Topaz TuscanaVenice1BR,1BA$1,230

Best Value Apartments for Rent in Suburban Melbourne, FL

As of February 14, 2025 the best value apartment in the Suburban Melbourne area is the $1.46 price per square foot Lavender Model at Covey Homes Palms West in the in the Diamond Square neighborhood starting from $2,438. The second greatest value Suburban Melbourne apartment is the Two Bedroom with Study Model at Cocoa Grand Apartments starting at $2,115 with a $1.29 price per square foot in the Diamond Square neighborhood. Here is today’s list of the best values for Suburban Melbourne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Covey Homes Palms WestLavender3BR,2BA$1.46
Cocoa Grand ApartmentsTwo Bedroom with Study2BR,2BA$1.29
Wickham ClubFour Bedroom Three Bath4BR,3BA$1.22
Lakes at SuntreeCypress3BR,2BA$1.44
Via Tuscany Apartments3 Bedroom Office/Den 2 Bath3BR,2BA$1.56
Venue at Viera Senior LivingTwo Bedroom w/Den Two Bath (b)2BR,2BA$1.13
Rivercrest RacquetB- 2 Bedroom 2 Bath2BR,2BA$1.40
The Park at ParmaTuscany2BR,2BA$1.40
Savannahs at James LandingB1 The Pinta - 2 Bedroom, 1 Bathroom2BR,1BA$1.46
Mission Bay ApartmentsSierra1BR,1BA$1.57

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Suburban Melbourne, Melbourne, FL

Ranked #1

Among neighborhoods in Melbourne, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Suburban Melbourne Neighborhood in Melbourne, FL

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

5 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Suburban Melbourne Apartments

What is the Cheapest Studio apartment in Suburban Melbourne?

Currently the most affordable Cheap Studio Apartment in Suburban Melbourne is at Luna at Viera listed at $1,595.

How much is rent for a Cheap One Bedroom Suburban Melbourne Apartment?

The lowest price for a Cheap One Bedroom Suburban Melbourne Apartment is $1,100 at Mission Bay Apartments.

What is the lowest price for a Cheap Two Bedroom Suburban Melbourne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Suburban Melbourne is starting from $1,195 at The Lenox at Merritt Island.

What is the most affordable Suburban Melbourne Three Bedroom Apartment?

The best deal on a cheap Suburban Melbourne Three Bedroom Apartment rental is at Mission Bay Apartments and starts from $1,521.

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.

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How Your Move-In Inspection Can Protect Your Security Deposit

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Signing Your Apartment Lease: The Basics

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