Cheap New Apartments for Rent in Melbourne, FL from $300 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Melbourne.

property at 1055 Venetian Dr

$840

Total Monthly Price

Total Monthly Price

Base Rent
$840

Total Monthly Price
$840

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1055 Venetian Dr

MelbourneFL32904
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Marisol at Viera
Rent Specials
$1,472 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,472 - $2,500

Total Monthly Price
$1,472 - $2,500
Built in 20161 to 3 Bedroom Apartments Available Now

Marisol at Viera

2439 Casona LnMelbourne, FL 32940
Pet Friendly
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  • Customer Reviewed
  • 3D Tour

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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Azul at Viera
Rent Specials
$1,682 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,682 - $2,999

Total Monthly Price
$1,682 - $2,999
Built in 20211 to 3 Bedroom Apartments Available Now

Azul at Viera

8920 Trafford DrMelbourne, FL 32940
Corporate Housing
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  • 3D Tour

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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Trillium
Built in 20221 to 3 Bedroom Apartments

Trillium

4315 S Babcock StMelbourne, FL 32901

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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Integra Station 2114
Rent Specials
$1,519 - $4,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,519 - $4,309

Total Monthly Price
Varies
Built in 20211 to 3 Bedroom Apartments Available Now

Integra Station 2114

2114 Nebula WayWest Melbourne, FL 32904
Luxury
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Luminary at 95
Rent Specials
$1,589 - $2,435
Total Monthly Price

Total Monthly Price

Base Rent
$1,589 - $2,435

Total Monthly Price
$1,589 - $2,435
Built in 20191 to 3 Bedroom Apartments Available Now

Luminary at 95

110 SAGECREST CirWest Melbourne, FL 32904
Student Living
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  • Customer Reviewed
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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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Avasa Hammock Landing
Rent Specials
$1,677 - $2,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,677 - $2,725

Total Monthly Price
$1,677 - $2,725
Built in 20231 to 3 Bedroom Apartments Available Now

Avasa Hammock Landing

102 Ascend CirWest Melbourne, FL 32904
Luxury
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Eden Heritage Lakes
Rent Specials
$1,695 - $2,444
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $2,444

Total Monthly Price
Varies
Built in 20231 to 3 Bedroom Apartments Available Now

Eden Heritage Lakes

4850 Heritage Lakes BlvdWest Melbourne, FL 32904
Family Friendly
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1700 Forest
Built in 20242 to 3 Bedroom Apartments

1700 Forest

1700 Forest Knoll Drive Dr NEPalm Bay, FL 32905

Melbourne, FL Local Guide

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

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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 $1,193.

What is the price of a cheap apartment in Melbourne?

The cheapest apartment in Melbourne is Parkway Place which is listed at $1,042, while the average apartment in Melbourne costs $5,715.

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 108 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 $410 which is $5,305 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.