Cheap Homes for Rent in Suburban Melbourne Neighborhood of Melbourne, FL from $1,000 (66 Rentals)

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

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property at 6431 Borasco Dr

6431 Borasco Dr

MelbourneFL32940
Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at Lantern Village Apartments priced from $1,050. Park Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,104. Here are the most affordable Suburban Melbourne apartments for rent in Melbourne, FL:

Apartment ListingModel NameBed/BathPriced From
Lantern Village ApartmentsTwo Bed2BR,1BA$1,050
Park Village ApartmentsLaketree1BR,1BA$1,104
Lake PointeBreeze1BR,1BA$1,184
The Reserves of MelbourneLunar1BR,1BA$1,190
The Park at Topaz TuscanaVenice1BR,1BA$1,275
Eleven35 ApartmentsOne Bedroom Deluxe1BR,1BA$1,275
Caribbean Isle1B1BR,1BA$1,282
The Lenox at Merritt IslandLagoon1BR,1BA$1,350
Retreat @ Golf Links1X1 Standard- Call for Availability1BR,1BA$1,375
The Harbours ApartmentsLa Corrina1BR,1BA$1,389

Best Value Apartments for Rent in Suburban Melbourne, FL

As of April 26, 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 $1,934 with a $1.18 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$1.18
Amore Village TownhomesPalm A3BR,2.5BA$1.64
Venue at Viera Senior LivingVilla - Two Bedroom w/Den Two Bath2BR,2BA$1.57
Wickham ClubThree Bedroom Two Bath3BR,2BA$1.41
Fountain VillasThe Falls2BR,2BA$1.47
The Haven at West MelbourneB22BR,2BA$1.57
Rivercrest RacquetJunior "B" 2 Bedroom2BR,2BA$1.56
The Park at ParmaTuscany2BR,2BA$1.45
Lantern Village ApartmentsTwo Bed2BR,1BA$1.17

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Frequently Asked Questions about Suburban Melbourne

What type of rentals are currently available in Suburban Melbourne?

There are currently 216 Apartments for Rent in Suburban Melbourne, FL with pricing that ranges from $1,050 to $9,740. There are also 328 Single Family Homes for rent, Condos, and Townhome rentals currently available in Suburban Melbourne ranging from $1,000 to $22,000.

What is the current price range for Rental Homes in Suburban Melbourne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Suburban Melbourne ranges from $1,000 to $22,000 with an average monthly rent of $5,146.

How much are larger Three and Four Bedroom Rentals in Suburban Melbourne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Suburban Melbourne range from $1,415 to $6,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,825 and Four Bedroom Apartments start at $1,656.

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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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.

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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.

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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.

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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.