1055 Venetian Dr
MelbourneFL32904
Cheap Apartments for Rent in Melbourne, FL from $900 (288 Rentals)
Search the lowest-cost Apartments available for rent right now in Melbourne.
2801 Dorsey Pl
MelbourneFL32901
1628 Mitchell St
MelbourneFL32901
1903 Fletcher St
MelbourneFL32901
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Rent Specials
$958 - $1,920
Total Monthly Price
Base Rent$958 - $1,920
Total Monthly Price$958 - $1,920
The Harbours
1032 Hidden Harbour DrMelbourne, FL 32935
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$1,087 - $1,318
Total Monthly Price
Base Rent$1,087 - $1,318
Total Monthly PriceVaries
Park Village
3099 Park Village WayMelbourne, FL 32935
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$1,096 - $2,0101 to 2 Bedroom Apartments Available Now
Venue at Viera Senior Living
2700 Anneleigh CirMelbourne, FL 32940
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Rent Specials
$1,117 - $2,142
Total Monthly Price
Base Rent$1,117 - $2,142
Total Monthly Price$1,117 - $2,142
Caribbean Isle
2848 Caribbean Isle BlvdMelbourne, FL 32935
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$1,124 - $1,699
Total Monthly Price
Base Rent$1,124 - $1,699
Total Monthly Price$1,124 - $1,699
Topaz Cay
1900 Post RdMelbourne, FL 32935
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Rent Specials
$1,125 - $1,359Studio Apartments Available Now
The Teale New Haven
4455 W New Haven AveMelbourne, FL 32904
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.
2421 Stone St
MelbourneFL32901
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Rent Specials
$1,199 - $1,8071 to 2 Bedroom Apartments Available Now
The Savannahs at James Landing
3051 Savannah WayMelbourne, FL 32935
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Rent Specials
$1,225 - $1,2751 to 2 Bedroom Apartments Available Oct 3
Eleven35 Apartments
1135 N Wickham RdMelbourne, FL 32935
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Rent Specials
$1,225 - $1,5001 to 2 Bedroom Apartments Available Dec 1
Stonewood
325 E University BlvdMelbourne, FL 32901
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Rent Specials
$1,240 - $1,719
Total Monthly Price
Base Rent$1,240 - $1,719
Total Monthly PriceVaries
Lake Pointe
2880 N Wickham RdMelbourne, FL 32935
115 Seminole Ave W
MelbourneFL32901
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Rent Specials
$1,250 - $1,8951 to 4 Bedroom Apartments Available Now
Wickham Club
2905 Kemblewick DrMelbourne, FL 32935
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Rent Specials
$1,255 - $2,122Studio to 3 Bedroom Apartments Available Now
Rocky Water Park
2664 Pineapple AveMelbourne, FL 32935
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Rent Specials
$1,265 - $2,0151 to 3 Bedroom Apartments Available Now
Princeton Parc
4714 Crosswind CtMelbourne, FL 32904
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Rent Specials
$1,270 - $1,5351 to 2 Bedroom Apartments Available Now
Compass
3595 Misty Oak DrMelbourne, FL 32901
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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Rent Specials
$1,287 - $2,114
Total Monthly Price
Base Rent$1,287 - $2,114
Total Monthly Price$1,287 - $2,114
Reserves of Melbourne
2262 Crippen CtMelbourne, FL 32904
1354 Westover St
MelbourneFL32935
658 Young St
MelbourneFL32935
1440 Parkway Dr
MelbourneFL32935
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Rent Specials
$1,316 - $2,124Studio to 3 Bedroom Apartments Available Now
Springs at Hibiscus Crossing
1115 W Hibiscus BlvdMelbourne, FL 32901
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Rent Specials
$1,325 - $1,8751 to 3 Bedroom Apartments Available Now
Palmview Cove Apartments
3151 S Babcock StMelbourne, FL 32901
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$1,335 - $1,8051 to 3 Bedroom Apartments Available Now
City Harbor
2395 Woodwind TrlMelbourne, FL 32935
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Rent Specials
$1,375 - $1,6751 to 2 Bedroom Apartments Available Now
Retreat @ Golf Links
2700 Croton RdMelbourne, FL 32935
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$1,385 - $1,9552 to 3 Bedroom Apartments Available Now
The Village at Melbourne
3502 D'Avinci WayMelbourne, FL 32901
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Rent Specials
$1,425 - $2,0851 to 3 Bedroom Apartments Available Now
Lakeside Glen Apartments
7670 Greenboro DrMelbourne, FL 32904
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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Rent Specials
$1,400 - $1,7002 Bedroom Apartments Available Now
Bridgewater Pointe Apartments
151 Eber RdMelbourne, FL 32901
1002 Brothers Ave.
MelbourneFL32901
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$1,440
Total Monthly Price
Base Rent$1,440
Total Monthly Price$1,440
130 E Avenue A, Unit 130
130 E Avenue AMelbourne, FL 32901
504 Susan Dr
MelbourneFL32904
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Rent Specials
$1,452 - $2,487
Total Monthly Price
Base Rent$1,452 - $2,487
Total Monthly Price$1,452 - $2,487
Marisol at Viera
2439 Casona LnMelbourne, FL 32940
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$1,475 - $1,6501 to 2 Bedroom Apartments Available Now
Villas At Blue Cove Apartments
2639 Granada Bay DrMelbourne, FL 32934
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Rent Specials
$1,496 - $1,9591 to 3 Bedroom Apartments Available Now
Grand Oaks At The Lake
325 Lago CirMelbourne, FL 32904
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Rent Specials
$1,497 - $1,9621 to 3 Bedroom Apartments Available Now
Beachway Links
2201 Hampton Greens BlvdMelbourne, FL 32935
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$1,502 - $3,0001 to 3 Bedroom Apartments Available Now
The Preserve at Longleaf
4465 Preserve DrMelbourne, FL 32934
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Rent Specials
$1,530 - $2,7151 to 3 Bedroom Apartments Available Now
Addison Pointe
3515 Delaney DrMelbourne, FL 32934
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Rent Specials
$1,530 - $2,0001 to 3 Bedroom Apartments Available Now
Harvard Apartments
1501 Harvard CirMelbourne, FL 32905
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$1,535 - $2,1191 to 3 Bedroom Apartments Available Now
Veridian of Melbourne Townhome Apartments
2420 Central Park DrMelbourne, FL 32935
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Rent Specials
$1,566 - $3,9361 to 3 Bedroom Apartments Available Now
Legacy at Hibiscus Park
1450 Tradition CirMelbourne, FL 32901
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Rent Specials
$1,570 - $1,7102 Bedroom Apartments Available Now
Marin at Harvard
695 Short Hills LnMelbourne, FL 32905
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$1,590
Total Monthly Price
Base Rent$1,590
Total Monthly Price$1,590
616 E New Haven Ave, Unit 2
616 E New Haven AveMelbourne, FL 32901
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Rent Specials
$1,599 - $2,714
Total Monthly Price
Base Rent$1,599 - $2,714
Total Monthly PriceVaries
The Pearl of Viera
2434 Metfield DrMelbourne, FL 32940
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Rent Specials
$1,600 - $2,3751 to 3 Bedroom Apartments Available Now
Legacy at Oakwood Landing
2705 Bosque CirMelbourne, FL 32940
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$1,6002 Bedroom Apartments Available Now
34 E Ave A, Unit 2
34 E Ave AMelbourne, FL 32901
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Rent Specials
$1,610 - $2,979
Total Monthly Price
Base Rent$1,610 - $2,979
Total Monthly Price$1,610 - $2,979
Azul at Viera
8920 Trafford DrMelbourne, FL 32940
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$1,619Studio Apartments Available Now
Furnished Studio-Melbourne - West Melbourne
4650 W New Haven AveMelbourne, FL 32904
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Melbourne, FL Local Guide
How much does it cost to rent an apartment in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Melbourne Studio Apartments | $1,328 | $900 | $2,009 |
| Cheap Melbourne 1 Bedroom Apartments | $1,598 | $950 | $2,600 |
| Cheap Melbourne 2 Bedroom Apartments | $1,848 | $1,174 | $3,750 |
| Cheap Melbourne 3 Bedroom Apartments | $2,232 | $1,599 | $6,786 |
| Cheap Melbourne 4 Bedroom Apartments | $2,988 | $1,799 | $6,077 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Melbourne
See all Apartments in MelbourneExplore Melbourne
Melbourne, FL Local Guide
Written By:
Staff Writer Local Guide Expert
- Melbourne Neighborhoods
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Cheapest Neighborhoods for Apartments in Melbourne, FL
Pricing Updated: 09/11/2026Current apartment rentals in the Melbourne, FL area range in price from $900 to $21,666 with an overall median price of $1,779. Here is today’s list neighborhoods with the lowest median pricing for Melbourne Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Melbourne | $1,675 | $900 | 115 |
| Suburban Melbourne | $1,796 | $958 | 724 |
Cheapest Available Melbourne Apartments for Rent
The cheapest available apartment rental in Melbourne, FL is a Studio unit found at Vetra Indian Harbour Beach in the Coastal Brevard neighborhood priced from $978. The Harbours in the Melbourne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $987. Here is today’s list of the most affordable Melbourne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vetra Indian Harbour Beach | E1 | Studio,1BA | $978 |
| The Harbours | Nobska | 1BR,1BA | $987 |
| Parkway Place | 1 Bed, 1 Bath | 1BR,1BA | $1,042 |
| Park Village | Laketree | 1BR,1BA | $1,087 |
| Venue at Viera Senior Living | One Bedroom One Bath (b) | 1BR,1BA | $1,096 |
| Meadowdale Apartments | Studio | Studio,1BA | $1,099 |
| Caribbean Isle | 1D | 1BR,1BA | $1,117 |
| Topaz Cay | Messina | 1BR,1BA | $1,124 |
| The Teale New Haven | A | Studio,1BA | $1,125 |
| The Monroe on Monterey | A3 | 1BR,1BA | $1,130 |
Best Value Apartments for Rent in Melbourne, FL
As of September 11, 2026 the best value apartment in the Melbourne area is the $1.04 price per square foot 3 Deluxe Model at Mode at Melbourne in the in the Melbourne neighborhood starting from $1,920. The second greatest value Melbourne apartment is the B1 Model at Marin at Harvard starting at $1,570 with a $1.26 price per square foot in the Melbourne neighborhood. 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. |
|---|---|---|---|
| Mode at Melbourne | 3 Deluxe | 3BR,2BA | $1.04 |
| Marin at Harvard | B1 | 2BR,2BA | $1.26 |
| Wickham Club | Three Bedroom Two Bath | 3BR,2BA | $1.32 |
| Rivercrest Racquet | C- 2 Bedroom 2 Bath | 2BR,2BA | $1.17 |
| 10X Harbour Bay | B1 | 2BR,2BA | $1.25 |
| Melbourne Commons | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Azara Palm Bay | B1 | 2BR,2BA | $1.35 |
| The Park at Parma | Tuscany | 2BR,2BA | $1.33 |
| CIRC7 | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Manatee Cove | 2x2 | 2BR,2BA | $1.34 |
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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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Melbourne Overview
Located in proximity to the Atlantic Ocean, you will find the sunny city of Melbourne, FL. When you live in one of our Melbourne apartments in this coastal town, having fun golfing, surfing and walking along various lovely beaches are just a small sampling of what you will experience!
Why live in Melbourne, FL?
Tourists love visiting Melbourne because of the warm weather activities including fishing, snorkeling, golfing, hiking and walk along the beach. There are also other attractions such as the Kennedy Space Center as well as the Historic District in the downtown area. Living in one of our apartments in Melbourne will help you be close to all the action, while being able to get away from it all in the comfort of your own perfect spot.
Best Local Schools in Melbourne, FL
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melbourne, FL Rentals by Map
See the most popular apartments and homes in Melbourne, FL
Frequently Asked Questions about Cheap Melbourne Apartments
What is a cheap apartment in Melbourne?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melbourne is under $1,130.
What is the price of a cheap apartment in Melbourne?
The cheapest apartment in Melbourne is The Harbours which is listed at $987, while the average apartment in Melbourne costs $1,779.
What types of apartments are the cheapest in Melbourne?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 95 regular apartments in Melbourne that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Melbourne?
Cheap apartments in Melbourne have an average cost of $398 which is $1,381 cheaper than the average rent for all rentals in Melbourne.
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.