6308 Corbly Rd
CincinnatiOH45230
Cheap Homes for Rent in Melbourne, KY from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
226 Clifton Ave
NewportKY41071
5247 4 Mile Rd
MelbourneKY41059
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.
4070 Independence Dr
CincinnatiOH45255
2610 Crisnic Ct
CovingtonKY41014
2755 OH-132
New RichmondOH45157
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.
460 Lakeview Dr
WilderKY41071
310 Timber Ridge Dr
WilderKY41071
555 Delta Ave
CincinnatiOH45226
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.
724 Ohio Pike
CincinnatiOH45245
2823 Madison Ave
CovingtonKY41015
Showing Results 1-11, Page 1 of 1
Melbourne, KY Local Guide
Kentucky welcome sign by Doug Kerr is licensed under CC BY 2.0
How much does it cost to rent a home in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne 2 Bedroom Homes for Rent | $1,480 | $950 | $2,700 |
| Melbourne 3 Bedroom Homes for Rent | $2,207 | $1,445 | $3,800 |
| Melbourne 4 Bedroom Homes for Rent | $2,055 | $1,800 | $2,295 |
| Melbourne 5 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Browse Top Homes for Rent in Melbourne
Explore Melbourne
Melbourne, KY Local Guide
- Nearby Cities
- ZIP codes
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- 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 Turpin Hills neighborhood priced from $850. Arborstone Apartments in the Sherwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. 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 |
| Arborstone Apartments | One Bed | 1BR,1BA | $899 |
| 1923 Sutton Ave | 1 bedroom | 1BR,1BA | $899 |
| 6060 Colter Ave | One Bedroom | 1BR,1BA | $899 |
| Beechmont Bluffs | 1 Bedroom without a balcony | 1BR,1BA | $900 |
Best Value Apartments for Rent in Melbourne, KY and Nearby
As of May 10, 2025 the best value apartment in the Melbourne area is the $1.47 price per square foot C1 - Caspia Model at Elevation Apartment Homes in the in the Northern Kentucky neighborhood starting from $1,675. The second greatest value Melbourne apartment is the 2 Bedroom 1 Bathroom Model at Immaculate Townhomes starting at $1,400 with a $1.40 price per square foot in the Forestville 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. |
|---|---|---|---|
| Elevation Apartment Homes | C1 - Caspia | 2BR,2BA | $1.47 |
| Immaculate Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.40 |
| Brandychase Apartments | 2BR/2BA STANDARD | 2BR,2BA | $1.43 |
| 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 |
| Mears Place Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.35 |
| Beacon Tower | 1 Bedroom | 1BR,1BA | $1.17 |
| 1824 Mears Ave | 2 Bed | 2BR,1.5BA | $1.45 |
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Frequently Asked Questions about Melbourne
What type of rentals are currently available in Melbourne?
There are currently 46 Apartments for Rent in Melbourne, KY with pricing that ranges from $600 to $5,700. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $950 to $3,800.
What is the current price range for Rental Homes in Melbourne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melbourne ranges from $950 to $3,800 with an average monthly rent of $2,134.
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.
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.
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.
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.
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.