
Apartments for Rent in Melbourne, FL Under $1,200 (45 Rentals)


Total Monthly Price
Park Village

Palm Harbor Villas

Eleven35 Apartments

Rocky Water Park

Venue at Viera Senior Living

Total Monthly Price
The Harbours

Caribbean Isle

Melbourne Commons

2242 Flower Tree Cir
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.

20 E Ave B

22 Elton St

The Teale New Haven

2421 Stone St

3115 Marshall Dr

1664 Sumter Ln

2775 N Wickham Rd

1629 Elizabeth St

3115 Marshall Dr

537 Trend Rd
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.

3115 Marshall Dr

2206 Irwin St

Topaz Village

Rivercrest Racquet

Pentagon Gardens

Windover Palms

Parkway Place

Hickory Pointe

Riverview Apartments

Harbor Village Apartments
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.

Magnolia Apartments

Greater Heights Apartment Community

The Monroe on Monterey

Total Monthly Price
Malabar Lakes

Bottlebrush Apartments

Vetra Indian Harbour Beach

987 Sonesta Ave NE

2114 Henry St NE

1294 Drill Ave NE

1315 Armory Dr NE
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.

1294 Drill Ave NE

1931 Cleveland St NE

1931 Cleveland St NE

Windwood Apartments

The Pines Apartments
Melbourne, FL Local Guide

How much does it cost to rent an apartment in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne Studio Apartments Under $1200 | $1,321 | $750 | $2,039 |
| Melbourne 1 Bedroom Apartments Under $1200 | $1,629 | $900 | $2,495 |
| Melbourne 2 Bedroom Apartments Under $1200 | $1,875 | $1,225 | $3,547 |
| Melbourne 3 Bedroom Apartments Under $1200 | $2,233 | $1,649 | $5,686 |
| Melbourne 4 Bedroom Apartments Under $1200 | $2,660 | $1,799 | $4,933 |
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Melbourne, FL Local Guide
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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.
Read ArticleQuick 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.
Best Local Schools in Melbourne, FL
School data provided by Great Schools
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 Melbourne
How much are Studio apartments in Melbourne?
There are currently 73 Studio Apartments in Melbourne with rent ranges from $750 to $2,039 with an average price of $1,321.
What is the current price range for One Bedroom Melbourne Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Melbourne ranges from $900 to $2,495 with an average monthly rent of $1,629.
What does renting a Two Bedroom Apartment in Melbourne cost?
The monthly rent prices of Two Bedroom Apartments currently available in Melbourne range from $1,225 to $3,547. Today's average rental price for Two Bedrooms here is $1,875.
How expensive are Melbourne Three Bedroom Apartments?
There are currently 100 Three Bedroom Apartments listings available in Melbourne on ApartmentHomeLiving.com. The pricing ranges from $1,649 to $5,686 - averaging $2,233 for the location.
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

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.

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.

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.

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.