1007 Walnut St
NewportAR72112
Cheap Homes for Rent in Melbourne, AR from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
4067 Hwy 58
PoughkeepsieAR72569
1326 E 9th St
Mountain HomeAR72653
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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.
5166 AR-367
BradfordAR72020
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501 US-67
Walnut RidgeAR72476
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.
830 S Main St
Bald KnobAR72010
901 SE 3rd St
HoxieAR72433
113 King George St
BatesvilleAR72501
20 Linder Rd
GreenbrierAR72058
22 Aaron St
PocahontasAR72455
1040 Harding Blvd
CotterAR72626
5520 Co Rd 1380
West PlainsMO65775
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.
3166 AR-101
GamalielAR72537
Showing Results 1-15, 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 | $924 | $595 | $1,325 |
| Melbourne 3 Bedroom Homes for Rent | $1,310 | $500 | $2,000 |
| Melbourne 4 Bedroom Homes for Rent | $1,399 | $299 | $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. 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 |
| Meadow Lake Apartments | 2.1 | 2BR,1BA | $820 |
Best Value Apartments for Rent in Melbourne, AR and Nearby
As of June 23, 2025 the best value apartment in the Melbourne area is the $0.67 price per square foot 1501 Model at Plainview Estates 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. |
|---|---|---|---|
| Plainview Estates | 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 |
| Parkside | 1 bedroom | 1BR,1BA | $1.10 |
| Tara Apartments | 2 bedroom apartment | 2BR,1BA | $0.97 |
| Grand Oak Place | 2x1 | 2BR,1BA | $1.12 |
| Meadow Lake Apartments | 2.1 | 2BR,1BA | $1.17 |
| Cadron Commons | Studio | Studio ,1BA | $1.06 |
| 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 40 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 $299 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 $299 to $2,500 with an average monthly rent of $1,304.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.