
Top Rated Apartments for Rent in Melbourne, FL Under $1,200 (6 Rentals)
Apartments in Melbourne with the best features, newest construction, and richest amenities.


The Teale New Haven

Rivercrest Racquet
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.

Pentagon Gardens

Parkway Place

The Monroe on Monterey
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.
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 | $1,379 | $900 | $2,099 |
| Melbourne 1 Bedroom Apartments | $1,616 | $900 | $2,683 |
| Melbourne 2 Bedroom Apartments | $1,872 | $1,269 | $3,709 |
| Melbourne 3 Bedroom Apartments | $2,212 | $1,599 | $5,686 |
| Melbourne 4 Bedroom Apartments | $3,414 | $1,699 | $6,815 |
Explore Melbourne
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 72 Studio Apartments in Melbourne with rent ranges from $1,075 to $2,099 with an average price of $2,956.
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 $2,683 with an average monthly rent of $1,616.
What does renting a Two Bedroom Apartment in Melbourne cost?
The monthly rent prices of Two Bedroom Apartments currently available in Melbourne range from $1,269 to $3,709. Today's average rental price for Two Bedrooms here is $1,872.
How expensive are Melbourne Three Bedroom Apartments?
There are currently 98 Three Bedroom Apartments listings available in Melbourne on ApartmentHomeLiving.com. The pricing ranges from $1,599 to $5,686 - averaging $2,212 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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.