2 Bedroom Apartments for Rent in Melbourne, IA (44 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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.

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 215 Jewel Dr

215 Jewel Dr

AmesIA50010
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110 N Maple St
2 Bedroom Apartments

110 N Maple St

110 N Maple StColfax, IA 50054
  • Utilities Included
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312 Sycamore St
2 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
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Melbourne, IA Local Guide

Largest Available Melbourne and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Melbourne, IA is found at Spaulding Lofts in the East Gate Estates neighborhood and is 1,362 square feet priced from $900. Plant 1 Lofts has the second largest 2 Bedroom, which is sized at 1,304 square feet and currently listed start at $2,495. Here is today’s list of the largest available 2 Bedroom units in Melbourne:

Apartment ListingModel NameSquare FootagePriced From
Spaulding LoftsB22 - Income Restricted1,362 Sq Ft$900
Plant 1 LoftsB3 - Loft1,304 Sq Ft$2,495
Copper Beech at Ames2BR/2.5BA1,224 Sq Ft$800
Southern HillsB31,154 Sq Ft$1,125
Brick Towne Ames2 Bedroom1,018 Sq Ft$1,300
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom1,000 Sq Ft$825
Clock Tower Senior Apartments2 Bedroom Market982 Sq Ft$1,007
Marshalltown EstatesUnit 59960 Sq Ft$789
The Grove at Ames2BR/2BA954 Sq Ft$699
Parkside ApartmentsTwo Bed Two Bath933 Sq Ft$1,240

Cheapest Available Melbourne and Nearby 2 Bedroom Apartments

As of May 17, 2025 the lowest priced 2 Bedroom apartment unit in Melbourne, IA is the 2B1B Model starting from $470 at The Reserves at South Lake in the East Gate Estates neighborhood. The second most affordable Melbourne 2 Bedroom is the B2 Model at Hunters Run starting at $695 . The average price for all 2 Bedroom apartments in Melbourne is currently $995. Here is today’s list of the cheapest available 2 Bedroom options in Melbourne:

Apartment ListingModel NamePriced From
The Reserves at South Lake2B1B$470
Hunters RunB2$695
Hotel Maytag Apartments2 bedroom A$705
Marshalltown EstatesUnit 59$789
Woodland Heights2 Bed 1 Bath$795
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom$805
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom$825
Newton Park Apartments2BR - 30% Gross Income$862
Spacious Apartments minutes from everything2br/2ba$875
Grinnell Park Apartments2BR - 30% of Gross Income$895

Quick Rent Budget Calculator

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Explore Melbourne, IA Rentals by Map

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Getting Around Melbourne, IA

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about 2 Bedroom Melbourne Apartments

How much is the average rent for a 2 Bedroom Melbourne Apartment?

The average rent for a 2 Bedroom Apartment in Melbourne is $995.

What is the largest available 2 Bedroom Melbourne Apartment for rent?

Today's apartment with the most square footage in Melbourne is a 1,362 square feet unit starting from $900 at Spaulding Lofts.

What is the average size for Melbourne 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Melbourne is currently 942 sq ft.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.

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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.

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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.