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from $3941 to 2 Bedroom Apartments Available Now
Clock Tower Senior Apartments
403 E Church StMarshalltown, IA 50158
Cheap Apartments for Rent in Melbourne, IA from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Melbourne.
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from $3951 to 3 Bedroom Apartments Available Now
The Reserves at South Lake
500 Industrial AveGrinnell, IA 50112
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from $4751 to 2 Bedroom Apartments Contact Us For Availability
The Tallcorn
134 E Main StMarshalltown, IA 50158
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206 N Madison St
Prairie CityIA50228
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from $640Studio to 2 Bedroom Apartments Available Now
Hotel Maytag Apartments
105 N 2nd Ave ENewton, IA 50208
303 S Madison St
Prairie CityIA50228
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from $6761 to 2 Bedroom Apartments Available Now
Newton Park Apartments
1425 N 11th Ave ENewton, IA 50208
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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.
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Showing Results 1-15, Page 1 of 1
Melbourne, IA Local Guide
Pure Iowa by Ron Cogswell is licensed under CC BY 2.0
How much does it cost to rent an apartment in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne Studio Apartments | $806 | $650 | $1,025 |
| Melbourne 1 Bedroom Apartments | $1,158 | $394 | $2,508 |
| Melbourne 2 Bedroom Apartments | $994 | $467 | $3,120 |
| Melbourne 3 Bedroom Apartments | $1,131 | $465 | $2,600 |
| Melbourne 4 Bedroom Apartments | $1,648 | $445 | $2,175 |
Browse Top Apartments in Melbourne
See all Apartments in MelbourneExplore Melbourne
Melbourne, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Melbourne Apartments for Rent and Nearby
The cheapest available apartment rental in Melbourne, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Melbourne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
| The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $475 |
| Hotel Maytag Apartments | Studio | Studio,1BA | $650 |
| Newton Park Apartments | 1BR - 30% Gross Income | 1BR,1BA | $676 |
| Hunters Run | B2 | 2BR,1BA | $695 |
Best Value Apartments for Rent in Melbourne, IA and Nearby
As of April 27, 2025 the best value apartment in the Melbourne area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the South Ames neighborhood starting from $800. The second greatest value Melbourne apartment is the B3 Model at Southern Hills starting at $1,125 with a $0.97 price per square foot . 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. |
|---|---|---|---|
| Copper Beech at Ames | 2BR/2.5BA | 2BR,2.5BA | $0.65 |
| Southern Hills | B3 | 2BR,2BA | $0.97 |
| The Quarters Ames | A - 3x3 | 3BR,3BA | $0.55 |
| THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
| The Grove at Ames | 2BR/2BA | 2BR,2BA | $0.73 |
| Hunters Run | B2 | 2BR,1BA | $0.82 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
| SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
| The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
| The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $0.78 |
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Melbourne, IA Apartments MapMelbourne, IA Rental Homes MapGetting Around Melbourne, IA
Walk Score®
8 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal 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 Melbourne Apartments
How much is rent for a Cheap One Bedroom Melbourne Apartment?
The lowest price for a Cheap One Bedroom Melbourne Apartment is $395 at The Reserves at South Lake.
What is the lowest price for a Cheap Two Bedroom Melbourne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Melbourne is starting from $470 at The Reserves at South Lake.
What is the most affordable Melbourne Three Bedroom Apartment?
The best deal on a cheap Melbourne Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.
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.
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.
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.