108 Campbell Ln
BatesvilleAR72501
Cheap Homes for Rent near Melbourne, AR from $650 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
530 Jamestown Loop
BatesvilleAR72501
1964-1966 Case St
BatesvilleAR72501
127 N Walnut St
SalemAR72576
116 Federal St
SalemAR72576
13 Duroc Dr
Cherokee VillageAR72529
190 Coburn Ln
BatesvilleAR72501
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.
16 Akokisa Dr
Cherokee VillageAR72529
42 Nameoki Dr
Cherokee VillageAR72529
54 Allegheny Dr
Cherokee VillageAR72529
25 Sophie Jo Ln
Sulphur RockAR72579
6 Powhatan Cir
Cherokee VillageAR72529
104 Narrows Dr
Greers FerryAR72067
423 E 12th St
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 1-14, 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 | $1,152 | $750 | $2,000 |
| Melbourne 3 Bedroom Homes for Rent | $1,334 | $750 | $2,000 |
| Melbourne 4 Bedroom Homes for Rent | $1,900 | $1,500 | $2,500 |
| Melbourne 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Top Homes for Rent in Melbourne
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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 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 September 10, 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 2 Bed 1.5 Bath - Morganne Dr Model at The Oak Townhomes starting at $1,000 with a $0.83 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 |
| The Oak Townhomes | 2 Bed 1.5 Bath - Morganne Dr | 2BR,1.5BA | $0.83 |
| Cardinal Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.92 |
| Country Meadows Apartments | 2.2 Rehab | 2BR,2BA | $0.97 |
| Creekside Village Townhomes | 2 Bedroom Townhome | 2BR,1BA | $0.99 |
| 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 |
| Sugarloaf Studios | Studio | Studio ,1BA | $1.05 |
| The Heights Apartments | Small Studio | Studio ,1BA | $1.06 |
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
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.
Read ArticleReal 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 42 Apartments for Rent in Melbourne, AR with pricing that ranges from $425 to $2,200. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $650 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 $650 to $2,500 with an average monthly rent of $1,344.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.