3115 Marshall Dr
MelbourneFL32901
Cheap Homes for Rent in Melbourne, FL from $800 (140 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
3115 Marshall Dr
MelbourneFL32901
537 Trend Rd
MelbourneFL32904
537 Trend Rd
MelbourneFL32904
942 Chace Ln NE
Palm BayFL32905
942 Chace Ln NE
Palm BayFL32905
20 Elton St
MelbourneFL32935
1032 Ellen Ct
MelbourneFL32935
30 Elton St
MelbourneFL32935
1533 Richards Dr NE, Unit Rear Unit
1533 Richards Dr NE
Palm BayFL32905
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.
2125 Highland Ave
MelbourneFL32935
250 San Paulo Cir
MelbourneFL32904
132 Bristol Ct
MelbourneFL32935
1072 Mollie Ln
MelbourneFL32935
1698 Sunny Brook Ln
Palm BayFL32905
2673 Golf Lake Cir
MelbourneFL32935
119 San Paulo Cir
MelbourneFL32904
2232 Flower Tree Cir
MelbourneFL32935
3135 Shady Dell Ln
MelbourneFL32935
2127 Smathers Cir N
MelbourneFL32935
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
234 Bristol Ct
MelbourneFL32935
125 Bristol Ln
MelbourneFL32935
296 San Juan Cir
MelbourneFL32935
2160 Forest Knoll Dr NE
Palm BayFL32905
119 San Paulo Ct
West MelbourneFL32904
519 Williams St
MelbourneFL32901
7667 N Wickham Rd
MelbourneFL32940
2101 Forest Knoll Dr NE
Palm BayFL32905
1225 N Wickham Rd
MelbourneFL32935
283 Buffalo Pl
RockledgeFL32955
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.
1002 Brothers Ave.
MelbourneFL32901
181 Ulster Ln
MelbourneFL32935
2809 Patty Ln
MelbourneFL32935
1641 Sunny Brook Ln
Palm BayFL32905
3501 D'Avinci Way
MelbourneFL32901
1051 Clearmont St NE
Palm BayFL32905
115 E Colonial Ct
Indian Harbour BeachFL32937
144 San Paulo Cir
MelbourneFL32904
931 Palm Springs Blvd
Indian Harbour BeachFL32937
1812 Guava Ave
MelbourneFL32935
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.
3135 Shady Dell Ln
MelbourneFL32935
3512 Tree Ridge Ln NE
Palm BayFL32905
134 San Juan Cir
MelbourneFL32935
1011 Clearmont St NE
Palm BayFL32905
6451 Borasco Dr
MelbourneFL32940
732 Ridge Club Dr
MelbourneFL32934
1002 Brothers Ave
MelbourneFL32901
670 Cedar Side Cir NE
Palm BayFL32905
2503 Bogey Ln
MelbourneFL32935
441 Vickers St
MelbourneFL32935
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.
Melbourne, FL Local Guide
How much does it cost to rent a home in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne 2 Bedroom Homes for Rent | $1,925 | $1,100 | $6,000 |
| Melbourne 3 Bedroom Homes for Rent | $2,372 | $1,499 | $5,350 |
| Melbourne 4 Bedroom Homes for Rent | $3,062 | $1,850 | $10,000+ |
| Melbourne 5 Bedroom Homes for Rent | $5,807 | $2,550 | $10,000+ |
| Melbourne 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Melbourne
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Melbourne, FL Local Guide
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Cheapest Neighborhoods for Apartments in Melbourne, FL
Pricing Updated: 04/01/2026Current apartment rentals in the Melbourne, FL area range in price from to with an overall median price of . 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 | $2,022 | $950 | 170 |
| Suburban Melbourne | $15,066 | $900 | 923 |
Cheapest Available Melbourne Apartments for Rent
The cheapest available apartment rental in Melbourne, FL is a Studio unit found at Riverview Apartments in the Coastal Brevard neighborhood priced from $950. Venue at Viera Senior Living in the Suburban Melbourne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,084. Here is today’s list of the most affordable Melbourne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverview Apartments | Studio Apartment | Studio,1BA | $950 |
| Venue at Viera Senior Living | One Bedroom One Bath (b) | 1BR,1BA | $1,084 |
| Meadowdale Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,099 |
| Vetra Indian Harbour Beach | E1 | Studio,1BA | $1,199 |
| The Teale New Haven | A | Studio,1BA | $1,199 |
| Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Rivercrest Racquet | A-1 Bedroom 1 Bath | 1BR,1BA | $1,210 |
| The Braxton | A1 | 1BR,1BA | $1,220 |
| Topaz Village | Bungalow | 1BR,1BA | $1,225 |
| Stonewood | Burch | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Melbourne, FL
As of April 01, 2026 the best value apartment in the Melbourne area is the $1.43 price per square foot Savoy (2nd Floor) Model at The Carlton of West Melbourne in the in the Suburban Melbourne neighborhood starting from $2,269. The second greatest value Melbourne apartment is the Palm A Model at Amore Village Townhomes starting at $2,109 with a $1.44 price per square foot in the Coastal Brevard 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. |
|---|---|---|---|
| The Carlton of West Melbourne | Savoy (2nd Floor) | 3BR,3BA | $1.43 |
| Amore Village Townhomes | Palm A | 3BR,2.5BA | $1.44 |
| Marin at Harvard | B1 | 2BR,2BA | $1.26 |
| Parkway Place | 3 Bed, 2 Bath | 3BR,2BA | $1.19 |
| Mode at Melbourne | 1 Deluxe | 1BR,1BA | $1.26 |
| Sabal Palms Apartments | Etonia | 3BR,2.5BA | $1.40 |
| The Brittany | Cabana | 2BR,2BA | $1.30 |
| Melbourne Commons | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Manatee Cove | 2x2 | 2BR,2BA | $1.34 |
| Stonewood | Gadson Reno | 2BR,1BA | $1.48 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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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 Melbourne
What type of rentals are currently available in Melbourne?
There are currently 335 Apartments for Rent in Melbourne, FL with pricing that ranges from $689 to $9,464. There are also 459 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $845 to $25,000.
What is the current price range for Rental Homes in Melbourne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melbourne ranges from $845 to $25,000 with an average monthly rent of $4,729.
How much are larger Three and Four Bedroom Rentals in Melbourne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Melbourne range from $1,675 to $7,336, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $5,350. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,699.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.