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Cheap Homes for Rent in Melbourne, AR from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
300 Antioch Rd
Cave CityAR72521
255 E Morrow
BatesvilleAR72501
1450 North St
CushmanAR72501
213 W Wright St
Sulphur RockAR72579
111 King George St
BatesvilleAR72501
3003 Summer Hill Pl
Fairfield BayAR72088
650-670 Arrowhead Ln
Cave CityAR72521
1396 Cranfield Rd
Mountain HomeAR72653
203 S Poplar St
NewportAR72112
14261 State Rte JJ
West PlainsMO65775
2575 Case St
BatesvilleAR72501
122 Helm Rd
OxfordAR72565
15 Sophie Jo Ln
Sulphur RockAR72579
35 Gabriel Way
Sulphur RockAR72579
1527 Cranfield Rd
Mountain HomeAR72653
2175 E College Ave
BatesvilleAR72501
86 Donham Dr
EdgemontAR72044
Showing Results 1-18, 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 a home in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne 2 Bedroom Homes for Rent | $1,035 | $825 | $1,350 |
| Melbourne 3 Bedroom Homes for Rent | $1,384 | $860 | $1,900 |
| Melbourne 4 Bedroom Homes for Rent | $1,833 | $1,200 | $2,500 |
Browse Top Homes for Rent in Melbourne
Explore Melbourne
Melbourne, AR Local Guide
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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 $475. 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 no W/D Hookup | 1BR,1BA | $475 |
| Cadron Commons | Studio | Studio,1BA | $545 |
| White River Commons | Studio | Studio,1BA | $550 |
| Sugarloaf Studios | Studio | Studio,1BA | $575 |
Best Value Apartments for Rent in Melbourne, AR and Nearby
As of November 12, 2025 the best value apartment in the Melbourne area is the $0.93 price per square foot 1501 Model at 2700 Burke Ave in the starting from $1,400. 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 | $0.93 |
| Magnolia Gardens | Triplex | 2BR,2BA | $1.12 |
| The Oak Townhomes | 2 Bed 1.5 Bath - Malerie St | 2BR,1.5BA | $0.71 |
| Country Meadows Apartments | 2.2 Rehab | 2BR,2BA | $0.97 |
| Creekside Village Townhomes | 2BR/1.0BA | 2BR,1BA | $1.00 |
| Tara Apartments | 2 bedroom apartment | 2BR,1BA | $0.97 |
| Breckenridge Apartments | Breckenridge - 2 Bed 1 Bath | 2BR,1BA | $0.93 |
| Cadron Commons | Studio | Studio ,1BA | $1.06 |
| Sugarloaf Studios | Studio | Studio ,1BA | $1.15 |
| The Heights Apartments | Small Studio | Studio ,1BA | $1.00 |
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See the most popular apartments and homes in Melbourne, AR
Frequently Asked Questions about Melbourne
What type of rentals are currently available in Melbourne?
There are currently 43 Apartments for Rent in Melbourne, AR with pricing that ranges from $450 to $6,432. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $695 to $2,500.
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 $695 to $2,500 with an average monthly rent of $1,338.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.