89 Moser St
MelbourneAR72556
Cheap Apartments for Rent in Melbourne, AR from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Melbourne.
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65 Arnold Springs Rd
MelbourneAR72556
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1007 Walnut St
NewportAR72112
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Rent Specials
from $450Studio Apartments Available Now
The Heights Apartments
2105 Hubert Redburn DrWest Plains, MO 65775
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from $4501 to 2 Bedroom Apartments Contact Us For Availability
Brookshire Apartments
809 E Grand AveAva, MO 65608
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from $4751 to 2 Bedroom Apartments Available Now
Breckenridge Apartments
2400 McFarland DrWest Plains, MO 65775
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from $575Studio Apartments Contact Us For Availability
Sugarloaf Studios
2322 Highway 25BHeber Springs, AR 72543
905 S 4th St
Horseshoe BendAR72512
1520 E Boswell St
BatesvilleAR72501
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Rent Specials
from $6751 to 2 Bedroom Apartments Available Now
Meadow Lake Apartments
400 Meadow Lake CirSearcy, AR 72143
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Rent Specials
from $675Studio to 1 Bedroom Apartments Contact Us For Availability
Spring River Commons
423 Highway 63 SMammoth Spring, AR 72554
225 Community Dr
BatesvilleAR72501
2110 Case St
BatesvilleAR72501
2575 Case St
BatesvilleAR72501
286 E Main St
BatesvilleAR72501
1326 E 9th St
Mountain HomeAR72653
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.
405 Grace Ave
West PlainsMO65775
4067 Hwy 58
PoughkeepsieAR72569
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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.
830 S Main St
Bald KnobAR72010
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901 SE 3rd St
HoxieAR72433
Showing Results 1-28, Page 1 of 1
Melbourne, AR Local Guide
Country road by Ken Lund 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 | $865 | $450 | $925 |
| Melbourne 1 Bedroom Apartments | $957 | $450 | $2,200 |
| Melbourne 2 Bedroom Apartments | $1,118 | $550 | $1,450 |
| Melbourne 3 Bedroom Apartments | $911 | $850 | $975 |
Browse Top Apartments in Melbourne
See all Apartments in MelbourneExplore Melbourne
Melbourne, AR Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Melbourne Apartments for Rent and Nearby
The cheapest available apartment rental in Melbourne, AR is a Studio unit found at The Heights Apartments priced from $450. Breckenridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $545. Here is today’s list of the most affordable Melbourne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Heights Apartments | Small Studio | Studio,1BA | $450 |
| Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath with W/D Hookup | 1BR,1BA | $545 |
| Cadron Commons | Studio | Studio,1BA | $545 |
| Tara Apartments | 2 bedroom apartment | 2BR,1BA | $725 |
| Meadow Lake Apartments | 2.1 | 2BR,1BA | $820 |
| Grand Oak Place | 2x1 | 2BR,1BA | $825 |
| Country Meadows Apartments | 2.1.5 Rehab | 2BR,1BA | $840 |
| Parkside | 1 bedroom | 1BR,1BA | $875 |
| The Oak Townhomes | 2 Bed 1.5 Bath - Morganne Dr | 2BR,1BA | $1,000 |
| 2700 Burke Ave | 2700 Burke | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Melbourne, AR and Nearby
As of June 12, 2025 the best value apartment in the Melbourne area is the $0.67 price per square foot 1501 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Melbourne apartment is the Triplex Model at Magnolia Gardens starting at $1,435 with a $1.12 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. |
|---|---|---|---|
| 2700 Burke Ave | 1501 | 2BR,1.5BA | $0.67 |
| Magnolia Gardens | Triplex | 2BR,2BA | $1.12 |
| The Oak Townhomes | 2 Bed 1.5 Bath - Morganne Dr | 2BR,1.5BA | $0.83 |
| Breckenridge Apartments | Breckenridge - 2 Bed 2 Bath with W/D Hookup | 2BR,2BA | $0.91 |
| Country Meadows Apartments | 2.1.5 Rehab | 2BR,1.5BA | $0.94 |
| Parkside | 1 bedroom | 1BR,1BA | $1.10 |
| Tara Apartments | 2 bedroom apartment | 2BR,1BA | $0.97 |
| Grand Oak Place | 2x1 | 2BR,1BA | $1.12 |
| Cadron Commons | Studio | Studio ,1BA | $1.06 |
| The Heights Apartments | Small Studio | Studio ,1BA | $1.00 |
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Melbourne, AR Apartments MapMelbourne, AR Rental Homes MapGetting Around Melbourne, AR
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
24 / 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
What is the Cheapest Studio apartment in Melbourne?
Currently the most affordable Cheap Studio Apartment in Melbourne is at The Heights Apartments listed at $450.
How much is rent for a Cheap One Bedroom Melbourne Apartment?
The lowest price for a Cheap One Bedroom Melbourne Apartment is $545 at Breckenridge Apartments.
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 $565 at Breckenridge Apartments.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
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.