Cheap Apartments for Rent in the Suburban Melbourne Neighborhood of Melbourne, FL from $300 (95 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Suburban Melbourne area of 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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The Harbours
Rent Specials
$1,013 - $1,920
Total Monthly Price

Total Monthly Price

Base Rent
$1,013 - $1,920
Total Monthly Price
$1,013 - $1,920
1 to 3 Bedroom Apartments Available Now

The Harbours

1032 Hidden Harbour DrMelbourne, FL 32935
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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Caribbean Isle
Rent Specials
$1,045 - $1,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,985
Total Monthly Price
$1,045 - $1,985
1 to 2 Bedroom Apartments Available Now

Caribbean Isle

2848 Caribbean Isle BlvdMelbourne, FL 32935
Pet Friendly
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Park Village
$1,087 - $1,464
Total Monthly Price

Total Monthly Price

Base Rent
$1,087 - $1,464
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Park Village

3099 Park Village WayMelbourne, FL 32935
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Topaz Cay
$1,124 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,124 - $1,625
Total Monthly Price
$1,124 - $1,625
1 to 3 Bedroom Apartments Available Now

Topaz Cay

1900 Post RdMelbourne, FL 32935
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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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property at 1530 Windward Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

1530 Windward Dr

MelbourneFL32935
property at 1440 Parkway Dr

$1,250 - $1,495

1 To 2 Bedroom Rentals

Available Now

1440 Parkway Dr

MelbourneFL32935
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Reserves of Melbourne
Rent Specials
$1,287 - $2,099
Total Monthly Price

Total Monthly Price

Base Rent
$1,287 - $2,099
Total Monthly Price
$1,287 - $2,099
1 to 3 Bedroom Apartments Available Now

Reserves of Melbourne

2262 Crippen CtMelbourne, FL 32904
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Lake Pointe
Rent Specials
$1,288 - $1,689
Total Monthly Price

Total Monthly Price

Base Rent
$1,288 - $1,689
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Lake Pointe

2880 N Wickham RdMelbourne, FL 32935
Corporate Housing
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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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property at 504 Susan Dr

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 2 Bath Home for Rent

Available Now

504 Susan Dr

MelbourneFL32904
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Parkway Place
1 to 3 Bedroom Apartments

Parkway Place

3040 Bennett LnMelbourne, FL 32935
  • Utilities Included

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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property at 2779 Patty Ln

$1,100

1 Bedroom Rentals

Available Now

2779 Patty Ln

MelbourneFL32935
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Rivercrest Racquet
1 to 2 Bedroom Apartments

Rivercrest Racquet

3320 Rivercrest DrMelbourne, FL 32935
  • Utilities Included
property at 3135 Shady Dell Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 2 Bath Condo for Rent

Available Now

3135 Shady Dell Ln, Unit 233

3135 Shady Dell Ln
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.

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The Park at Parma
Studio to 3 Bedroom Apartments

The Park at Parma

500 N Wickham RdMelbourne, FL 32935
property at 1701 Post Rd

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375

1 Bedroom, 1 Bath Home for Rent

Available Now

1701 Post Rd

MelbourneFL32935
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Summerset Apartments
2 Bedroom Apartments

Summerset Apartments

2214 Summerset DrMelbourne, FL 32935
  • Utilities Included

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.

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Suburban Melbourne, Melbourne, FL Local Guide

Cheapest Available Suburban Melbourne Apartments for Rent

 

The cheapest available apartment rental in the Suburban Melbourne area of Melbourne, FL is a 1 Bed unit found at The Harbours priced from $1,041. Parkway Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,042. Here are the most affordable Suburban Melbourne apartments for rent in Melbourne, FL:

Apartment ListingModel NameBed/BathPriced From
The HarboursNobska1BR,1BA$1,041
Parkway Place1 Bed, 1 Bath1BR,1BA$1,042
Mission Bay ApartmentsSIERRA1BR,1BA$1,053
Park VillageLaketree1BR,1BA$1,087
Venue at Viera Senior LivingOne Bedroom One Bath (b)1BR,1BA$1,096
Hammock HarborAshton1BR,1BA$1,099
Caribbean Isle1C1BR,1BA$1,108
Topaz CayMessina1BR,1BA$1,124
The Teale New HavenAStudio,1BA$1,125
Rivercrest RacquetA-1 Bedroom 1 Bath1BR,1BA$1,152

Best Value Apartments for Rent in Suburban Melbourne, FL

As of August 30, 2026 the best value apartment in the Suburban Melbourne area is the $1.49 price per square foot Palm A Model at Amore Village Townhomes in the in the Coastal Brevard neighborhood starting from $2,187. The second greatest value Suburban Melbourne apartment is the Three Bedroom Two Bath Model at Wickham Club starting at $1,649 with a $1.36 price per square foot in the Melbourne neighborhood. Here is today’s list of the best values for Suburban Melbourne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amore Village TownhomesPalm A3BR,2.5BA$1.49
Wickham ClubThree Bedroom Two Bath3BR,2BA$1.36
Addison PointeDriftwood2BR,2BA$1.56
Lakeside Glen ApartmentsB1 - 2 Bedroom 2 Bath2BR,2BA$1.47
The Park at ParmaTuscany2BR,2BA$1.30
Princeton ParcSand Dollar1BR,1BA$1.55
The Savannahs at James LandingA1 The Nina - 1 Bedroom, 1 Bathroom1BR,1BA$1.53
Rivercrest RacquetA-1 Bedroom 1 Bath1BR,1BA$1.44
Parkway Place1 Bed, 1 Bath1BR,1BA$1.36
Mission Bay ApartmentsSIERRA1BR,1BA$1.50

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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Quick 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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Pet Friendly Lifestyle
Suburban Melbourne, Melbourne, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Suburban Melbourne Apartments

What is a cheap apartment in Suburban Melbourne?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Suburban Melbourne is under $1,152.

What is the price of a cheap apartment in Suburban Melbourne?

The cheapest apartment in Suburban Melbourne is The Harbours which is listed at $1,041, while the average apartment in Suburban Melbourne costs $1,809.

What types of apartments are the cheapest in Suburban 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 98 regular apartments in Suburban 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 Suburban Melbourne?

Cheap apartments in Suburban Melbourne have an average cost of $428 which is $1,381 cheaper than the average rent for all rentals in Suburban 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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.