704 W Leyda Ave
West PlainsMO65775
Cheap Homes for Rent in Melbourne, AR from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
1010 5th St
West PlainsMO65775
1325 N Main St
MelbourneAR72556
127 N Walnut St
SalemAR72576
111 Robinson
Sulphur RockAR72579
418 Newport Ave
NewportAR72112
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
148 Pine St
ClintonAR72031
104 Chelsea Dr
Fairfield BayAR72088
107 Ambrose Ln
Fairfield BayAR72088
3101 Summer Hill Pl
Fairfield BayAR72088
1522 Fair Park Cir
Mountain HomeAR72653
1509 Fair Park Cir
Mountain HomeAR72653
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-12, 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 | $1,086 | $600 | $2,000 |
| Melbourne 3 Bedroom Homes for Rent | $1,423 | $750 | $1,995 |
| Melbourne 4 Bedroom Homes for Rent | $2,000 | $1,500 | $2,500 |
Browse Top Homes for Rent in Melbourne
Explore 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 Mammoth Spring priced from $425. 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 |
|---|---|---|---|
| Mammoth Spring | Studio | Studio,1BA | $425 |
| Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath no W/D Hookup | 1BR,1BA | $475 |
| The Heights Apartments | Small Studio | Studio,1BA | $475 |
| Sugarloaf Studios | Studio | Studio,1BA | $525 |
| Cadron Commons | Studio | Studio,1BA | $525 |
Best Value Apartments for Rent in Melbourne, AR and Nearby
As of July 27, 2026 the best value apartment in the Melbourne area is the $0.80 price per square foot 1302 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Melbourne apartment is the Townhomes Model at Magnolia Gardens starting at $1,299 with a $1.01 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 | 1302 | 2BR,1.5BA | $0.80 |
| Magnolia Gardens | Townhomes | 2BR,2.5BA | $1.01 |
| The Oak Townhomes | 2 Bed 1.5 Bath - Morganne Dr | 2BR,1.5BA | $0.83 |
| Park West Patio Homes | 2 Bed 2 Bath | 2BR,2BA | $0.96 |
| Norfork Villas | 3BR/2BA Flats | 3BR,2BA | $0.91 |
| Mountain Station Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.93 |
| Cardinal Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.92 |
| Shadowbrook Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.04 |
| Breckenridge Apartments | Breckenridge - 2 Bed 1 Bath | 2BR,1BA | $0.93 |
| Cadron Commons | Studio | Studio ,1BA | $1.02 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Explore Melbourne, AR Rentals by Map
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 $425 to $2,200. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $600 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 $600 to $2,500 with an average monthly rent of $1,251.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.