Cheap Apartments for Rent in Melbourne, KY from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Melbourne.
The Roxbury
Sonsrena Apartments
Sutton Place Apartments and Townhomes
Riverstone Court Apartments - Beechmont Ave
Sutton Avenue Apartments
1819 Sutton
Norse Landing
2351 Beechmont Ave.
Ridgeview Apartments
Washington House Apartments
Beechmont Towers Apartments
Timber Trails
The Reserves on Beacon Hill
Highland Ridge
Stonegate Apartments
Brandychase Apartments
Mears Place Apartments
Campus View
Brookstone Crossing Apartments
Creekside at Anderson
6375 Clough Pike
Arbors of Anderson
Stone Creek Apartments
6060 Colter Ave
6115-6126 Plymouth Avenue
2332 Beechmont
Shashi's Apartment Homes
6308 Corbly Rd
Waterbury Apartments
Harbour Cove Apartments
Beacon Tower
Melbourne, KY Local Guide
How much does it cost to rent an apartment in Melbourne?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melbourne Studio Apartments | $750 | $750 | $750 |
Melbourne 1 Bedroom Apartments | $1,377 | $650 | $2,200 |
Melbourne 2 Bedroom Apartments | $1,934 | $890 | $5,700 |
Melbourne 3 Bedroom Apartments | $1,728 | $1,330 | $2,599 |
Browse Top Apartments in Melbourne
See all Apartments in MelbourneExplore Melbourne
Melbourne, KY 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, KY is a 1 Bed unit found at Riverstone Court Apartments - Beechmont Ave in the Columbia Tusculum neighborhood priced from $850. Sutton Avenue Apartments in the Sherwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Melbourne apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riverstone Court Apartments - Beechmont Ave | One Bedroom-5615 Beechmont | 1BR,1BA | $850 |
Sutton Avenue Apartments | 1 - Partially Renovated | 1BR,1BA | $875 |
2332 Beechmont | B | 1BR,1BA | $899 |
1819 Sutton | One Bed | 1BR,1BA | $899 |
Beechmont Bluffs | 1 Bedroom without a balcony | 1BR,1BA | $900 |
Ridgeview Apartments | 2351-12 | 1BR,1BA | $925 |
2351 Beechmont Ave. | 1 Bed | 1BR,1BA | $925 |
Salvador Point | 1 Bed/1 Bath | 1BR,1BA | $950 |
Blue Valley Flats | 1 Bedroom 1 Bath | 1BR,1BA | $999 |
Washington House Apartments | One Bedroom | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Melbourne, KY and Nearby
As of February 13, 2025 the best value apartment in the Melbourne area is the $1.28 price per square foot 3 Bedroom, 1.5 Bath Deluxe 1,200SqFt Model at Norse Landing in the in the Saylor Woods neighborhood starting from $1,530. The second greatest value Melbourne apartment is the C1 - Caspia Model at Elevation Apartment Homes starting at $1,655 with a $1.46 price per square foot in the Northern Kentucky 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. |
---|---|---|---|
Norse Landing | 3 Bedroom, 1.5 Bath Deluxe 1,200SqFt | 3BR,1.5BA | $1.28 |
Elevation Apartment Homes | C1 - Caspia | 2BR,2BA | $1.46 |
Immaculate Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.37 |
Glen Hollow | 2 bed 2 bath | 2BR,2BA | $1.16 |
Stone Creek Apartments | Brand New Renovated Two Bedrooms | 2BR,1BA | $1.25 |
Beechmont Towers Apartments | 2 Bedroom | 2BR,1BA | $1.32 |
Creekside at Anderson | 2 Bedroom/ Remodeled | 2BR,1.5BA | $1.43 |
Washington House Apartments | Two Bedroom | 2BR,1BA | $1.33 |
The Reserves on Beacon Hill | 2x1 | 2BR,1BA | $1.30 |
Ridgeview Apartments | 2351-12 | 1BR,1BA | $1.45 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melbourne, KY Rentals by Map
See the most popular apartments and homes in Melbourne, KY
Getting Around Melbourne, KY
Walk Score®
7 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
12 / 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 $850 at Riverstone Court Apartments - Beechmont Ave.
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 $1,095 at The Reserves on Beacon Hill.
What is the most affordable Melbourne Three Bedroom Apartment?
The best deal on a cheap Melbourne Three Bedroom Apartment rental is at Sutton Place Apartments and Townhomes and starts from $1,525.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.