2434 Sarno Rd
MelbourneFL32935
Cheap Homes for Rent in Melbourne, FL from $800 (147 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
814 Hall St
MelbourneFL32901
814 Hall St
MelbourneFL32901
3115 Marshall Dr
MelbourneFL32901
3115 Marshall Dr
MelbourneFL32901
537 Trend Rd
MelbourneFL32904
20 Elton St
MelbourneFL32935
3008 Hanson Ave
MelbourneFL32901
1533 Richards Dr NE, Unit Rear Unit, Unit Rear Unit
1533 Richards Dr NE
Palm BayFL32905
1225 N Wickham Rd
MelbourneFL32935
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.
214 San Juan Cir
MelbourneFL32935
1062 Ellen Ct
MelbourneFL32935
1698 Sunny Brook Ln
Palm BayFL32905
987 Sonesta Ave NE
Palm BayFL32905
126 San Paulo Cir
West MelbourneFL32904
126 San Paulo Cir
MelbourneFL32904
133 Bristol Ct
MelbourneFL32935
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$1,3001 Bedroom Apartments Available Jun 1
34 E Ave A, Unit 3
34 E Ave AMelbourne, FL 32901
265 Ulster Ct
MelbourneFL32935
2253 Highland Ave
MelbourneFL32935
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.
177 Ulster Ln
MelbourneFL32935
127 San Paulo Cir
MelbourneFL32904
164 San Paulo Ct
MelbourneFL32904
2522 Amberly Rd NE
Palm BayFL32905
2326 Shenandoah Rd
Palm BayFL32905
2242 Flower Tree Cir
MelbourneFL32935
650 Is Clb Ct
IndialanticFL32903
3135 Shady Dell Ln, Unit 233, Unit 233
3135 Shady Dell Ln
MelbourneFL32935
2160 Forest Knoll Dr NE
Palm BayFL32905
3501 D'Avinci Way
MelbourneFL32901
Cash 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.
125 Bristol Ln
MelbourneFL32935
1123 Tree Ridge Ln NE
Palm BayFL32905
331 Holiday Park Blvd NE
Palm BayFL32907
993 Sonesta Ave NE
Palm BayFL32905
1777 Sophias Dr
MelbourneFL32940
2508 Chatham Way NE
Palm BayFL32905
1701 Post Rd
MelbourneFL32935
1123 Tree Ridge Ln NE
Palm BayFL32905
1812 Guava Ave
MelbourneFL32935
1461 Sheafe Ave NE
Palm BayFL32905
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.
283 Buffalo Pl
RockledgeFL32955
3119 Wiley Ave
MelbourneFL32901
181 Ulster Ln
MelbourneFL32935
1648 Sunny Brook Ln
Palm BayFL32905
134 San Juan Cir
MelbourneFL32935
3551 D'Avinci Way
MelbourneFL32901
2503 Bogey Ln
MelbourneFL32935
196 San Juan Cir
MelbourneFL32935
7667 N Wickham Rd
MelbourneFL32940
3135 Shady Dell Ln
MelbourneFL32935
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 a home in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne 2 Bedroom Homes for Rent | $1,957 | $1,100 | $6,000 |
| Melbourne 3 Bedroom Homes for Rent | $2,404 | $1,399 | $5,350 |
| Melbourne 4 Bedroom Homes for Rent | $2,866 | $1,850 | $5,500 |
| Melbourne 5 Bedroom Homes for Rent | $7,291 | $2,600 | $10,000+ |
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
Explore Melbourne
Melbourne, FL Local Guide
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Cheapest Neighborhoods for Apartments in Melbourne, FL
Pricing Updated: 05/18/2026Current 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 | $2,027 | $950 | 152 |
| Suburban Melbourne | $9,511 | $900 | 855 |
Cheapest Available Melbourne Apartments for Rent
The cheapest available apartment rental in Melbourne, FL is a 1 Bed unit found at Venue at Viera Senior Living in the Suburban Melbourne neighborhood priced from $1,096. Windover Palms in the Coastal Brevard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Melbourne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Venue at Viera Senior Living | One Bedroom One Bath (b) | 1BR,1BA | $1,096 |
| Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,150 |
| Vetra Indian Harbour Beach | E1 | Studio,1BA | $1,178 |
| Rivercrest Racquet | A-1 Bedroom 1 Bath | 1BR,1BA | $1,179 |
| The Harbours | La Jumet | 1BR,1BA | $1,184 |
| Topaz Cay | Messina | 1BR,1BA | $1,199 |
| Topaz Village | Flat | 1BR,1BA | $1,199 |
| The Teale New Haven | A | Studio,1BA | $1,199 |
| Meadowdale Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,224 |
| Stonewood | Abbott Reno | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Melbourne, FL
As of May 18, 2026 the best value apartment in the Melbourne area is the $1.19 price per square foot The Essex Model at Lake in the Woods Apartments in the in the Coastal Brevard neighborhood starting from $1,532. The second greatest value Melbourne apartment is the Three Bedroom Apartment Model at Trillium starting at $1,761 with a $1.38 price per square foot in the South Cove 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. |
|---|---|---|---|
| Lake in the Woods Apartments | The Essex | 2BR,2.5BA | $1.19 |
| Trillium | Three Bedroom Apartment | 3BR,2BA | $1.38 |
| Marin at Harvard | B1 | 2BR,2BA | $1.31 |
| Mode at Melbourne | 1 Deluxe | 1BR,1BA | $1.30 |
| The Brittany | Cabana | 2BR,2BA | $1.30 |
| Bridgewater Pointe Apartments | 2x2 1150 sf | 2BR,2BA | $1.26 |
| Melbourne Commons | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Azara Palm Bay | B1 | 2BR,2BA | $1.22 |
| Parkway Place | 2 Bed, 2 Bath | 2BR,2BA | $1.30 |
| 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
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.
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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
What type of rentals are currently available in Melbourne?
There are currently 325 Apartments for Rent in Melbourne, FL with pricing that ranges from $900 to $7,801. There are also 442 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $800 to $30,000.
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 $800 to $30,000 with an average monthly rent of $4,733.
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 $1,525 to $6,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,399 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.