
Cheap Homes for Rent in Melbourne, AR from $300 (16 Rentals)
Cheap Homes in Melbourne.


1326 E 9th St

410 Walker St

5166 AR-367

501 US-67

830 S Main St

213 S Thayer Ave

197 Barber Rd
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.

29769 AR-123

119 Robinson

1811 Central Blvd

67 Pinto Trail

66 Pinto Trail

1107 W Pleasure Ave

100 Ford St

22 Aaron St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Melbourne, AR Local Guide

How much does it cost to rent a home in Melbourne?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melbourne 2 Bedroom Homes for Rent | $850 | $600 | $1,600 |
Melbourne 3 Bedroom Homes for Rent | $1,329 | $500 | $2,000 |
Melbourne 4 Bedroom Homes for Rent | $1,425 | $350 | $2,500 |
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 The Heights Apartments priced from $450. Cadron Commons has the second lowest priced unit, which is a Studio 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 |
Cadron Commons | Studio | Studio,1BA | $545 |
Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath with W/D Hookup | 1BR,1BA | $545 |
Tara Apartments | 2 bedroom apartment | 2BR,1BA | $725 |
Grand Oak Place | 2x1 | 2BR,1BA | $825 |
Best Value Apartments for Rent in Melbourne, AR and Nearby
As of May 07, 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 2 Bed 1.5 Bath - Morganne Dr Model at The Oak Townhomes starting at $850 with a $0.71 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 |
The Oak Townhomes | 2 Bed 1.5 Bath - Morganne Dr | 2BR,1.5BA | $0.71 |
Breckenridge Apartments | Breckenridge - 2 Bed 2 Bath with W/D Hookup | 2BR,2BA | $0.91 |
Creekside Village Townhomes | 2 Bedroom Townhome | 2BR,1BA | $0.98 |
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 |
6444 Highway 178 S | Studio / kitchen | Studio ,1BA | $1.35 |
The Heights Apartments | Small Studio | Studio ,1BA | $1.00 |
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Frequently Asked Questions about Melbourne
What type of rentals are currently available in Melbourne?
There are currently 41 Apartments for Rent in Melbourne, AR with pricing that ranges from $450 to $2,200. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $350 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 $350 to $2,500 with an average monthly rent of $1,160.
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 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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.