Cheap Homes for Rent in Melbourne Village, FL from $1,200 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Melbourne Village.

Showing Results 1-15, Page 1 of 1

Melbourne Village, FL Local Guide

Cheapest Available Melbourne Village Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melbourne Village, FL is a 1 Bed unit found at Eleven35 Apartments in the Suburban Melbourne neighborhood priced from $1,150. The Reserves of Melbourne in the Suburban Melbourne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,190. Here is today’s list of the most affordable Melbourne Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eleven35 ApartmentsOne Bedroom1BR,1BA$1,150
The Reserves of MelbourneLunar1BR,1BA$1,190
Windover PalmsA1 - 1 Bed / 1 Bath1BR,1BA$1,200
Meadowdale Apartments1 Bed 1 Bath1BR,1BA$1,224
Stonewood Townhomes1x1R1BR,1BA$1,225

Best Value Apartments for Rent in Melbourne Village, FL and Nearby

As of March 27, 2025 the best value apartment in the Melbourne Village area is the $1.39 price per square foot Tantalus Model at Legacy at Hibiscus Park in the in the Coastal Brevard neighborhood starting from $1,951. The second greatest value Melbourne Village apartment is the 257 McClain Dr Model at 257 McClain Dr starting at $1,985 with a $1.47 price per square foot in the Coastal Brevard neighborhood. Here is today’s list of the best values for Melbourne Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy at Hibiscus ParkTantalus3BR,2BA$1.39
257 McClain Dr257 McClain Dr3BR,2BA$1.47
Manatee Cove3x23BR,2BA$1.22
The Harbours ApartmentsGrand Traverse3BR,2BA$1.64
Melbourne Commons2x2 Student Apartment2BR,2BA$0.84
Sabal PalmsPalmetto3BR,2BA$1.66
Lakeside Glen ApartmentsB1 - 2 Bedroom 2 Bath2BR,2BA$1.54
The Park at ParmaTuscany2BR,2BA$1.55
Azalea at West Melbourne1BR- Solarium - Sanctuary II1BR,1BA$1.65
Lantern Village ApartmentsTwo Bed2BR,1BA$1.17

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Melbourne Village

What type of rentals are currently available in Melbourne Village?

There are currently 46 Apartments for Rent in Melbourne Village, FL with pricing that ranges from $865 to $4,191. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne Village ranging from $1,200 to $3,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melbourne Village ranges from $1,200 to $3,000 with an average monthly rent of $1,924.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melbourne Village range from $1,463 to $4,191, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $865.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.