Cheap Apartments for Rent in Melbourne Beach, FL from $700 (17 Rentals)

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THE BREAKERS
Studio Apartments

THE BREAKERS

1805-2207 Atlantic StMelbourne Beach, FL 32951
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5675 S Highway A1a
2 Bedroom Apartments

5675 S Highway A1a

5675 S Highway A1aMelbourne Beach, FL 32951
Furnished
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5001 Malabar Blvd
2 Bedroom Apartments

5001 Malabar Blvd

5001 Malabar BlvdMelbourne Beach, FL 32951

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.

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4205 S Highway A1a
2 to 3 Bedroom Apartments

4205 S Highway A1a

4205 S Highway A1aMelbourne Beach, FL 32951

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.

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Indialantic One
2 Bedroom Apartments

Indialantic One

601 N Miramar AveIndialantic, FL 32903
Senior Living
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1501 S Shannon Ave
2 Bedroom Apartments

1501 S Shannon Ave

1501 S Shannon AveIndialantic, FL 32903
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Magnolia Key
3 Bedroom Apartments

Magnolia Key

605 S Miramar AveIndialantic, FL 32903
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2581 Spence Dr NE
1 Bedroom Apartments

2581 Spence Dr NE

2581 Spence Dr NEPalm Bay, FL 32905

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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210 6th Ave
1 Bedroom Apartments

210 6th Ave

210 6th AveIndialantic, FL 32903

Melbourne Beach, FL Local Guide

Cheapest Available Melbourne Beach Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Aqua Palm BayAmelia1BR,1BA$1,449
The Wave Beachfront ApartmentsBeachside Wing - First Floor2BR,2BA$2,995

Best Value Apartments for Rent in Melbourne Beach, FL

As of July 29, 2026 the best value apartment in the Melbourne Beach area is the $2.85 price per square foot Beachside Wing - First Floor Model at The Wave Beachfront Apartments in the in the Coastal Brevard neighborhood starting from $2,995. The second greatest value Melbourne Beach apartment is the Amelia Model at Aqua Palm Bay starting at $1,449 with a $1.83 price per square foot in the South Cove neighborhood. Here is today’s list of the best values for Melbourne Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Wave Beachfront ApartmentsBeachside Wing - First Floor2BR,2BA$2.85
Aqua Palm BayAmelia1BR,1BA$1.83
215 Pelican Dr215 Pelican DrStudio ,1BA$2.49

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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Melbourne Beach Apartments

What is the lowest price for a Cheap Two Bedroom Melbourne Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Melbourne Beach is starting from $1,699 at Aqua Palm Bay.

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

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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.

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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.

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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.

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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.