
Cheap Apartments for Rent in the Suburban Melbourne Neighborhood of Melbourne, FL from $300 (122 Rentals)
Search the lowest-cost Apartments available for rent right now in the Suburban Melbourne area of Melbourne.


1055 Venetian Dr

537 Trend Rd

537 Trend Rd

2775 N Wickham Rd

1664 Sumter Ln

Total Monthly Price
The Harbours

Venue at Viera Senior Living

Total Monthly Price
2214 Post Rd, Unit Studio Apartment next to EFSC

Rocky Water Park
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.

The Teale New Haven

Total Monthly Price
Park Village

The Savannahs at James Landing

Eleven35 Apartments

Palm Harbor Villas

Total Monthly Price
Topaz Cay

Wickham Club

Total Monthly Price
Lake Pointe

City Harbor

Springs at Hibiscus Crossing
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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Reserves of Melbourne

1440 Parkway Dr

Veridian of Melbourne Townhome Apartments

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Caribbean Isle

6440 Borasco Dr

The Preserve at Longleaf

Princeton Parc

Retreat @ Golf Links

179 Ulster Ln, Unit 179

Villas At Blue Cove Apartments
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.

The Pearl of Viera

Lakeside Glen Apartments

Beachway Links

Total Monthly Price
Marisol at Viera

Addison Pointe

Grand Oaks At The Lake

89 NW Irwin Ave

Legacy at Oakwood Landing

7821 Maplewood Dr

2074 Foxwood Dr
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.

Greater Heights Apartment Community

Parkway Place

1424 Croftwood Dr

Rivercrest Racquet

The Park at Topaz Tuscana

Lantern Village Apartments

214 San Juan Cir

265 Ulster Ct

133 Bristol Ct

126 San Paulo 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.
Suburban Melbourne, Melbourne, FL Local Guide

How much does it cost to rent an apartment in Suburban Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Suburban Melbourne Studio Apartments | $1,412 | $1,100 | $2,009 |
| Suburban Melbourne 1 Bedroom Apartments | $1,676 | $900 | $2,659 |
| Suburban Melbourne 2 Bedroom Apartments | $1,966 | $1,050 | $10,000+ |
| Suburban Melbourne 3 Bedroom Apartments | $2,393 | $1,468 | $9,994 |
| Suburban Melbourne 4 Bedroom Apartments | $4,683 | $1,656 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 122 rentals with your search options within a 2 mile radius of the Suburban Melbourne Neighborhood of Melbourne, FL.
See all Apartments in MelbourneExplore Melbourne
Suburban Melbourne, Melbourne, FL Local Guide
- Nearby Melbourne neighborhoods
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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 Parkway Place priced from $1,042. 1708 Elm has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Suburban Melbourne apartments for rent in Melbourne, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Place | 1 Bed, 1 Bath | 1BR,1BA | $1,042 |
| 1708 Elm | 1708 Elm - 1708 | Studio,1BA | $1,050 |
| Mission Bay Apartments | SIERRA | 1BR,1BA | $1,053 |
| The Harbours | Knoll | 1BR,1BA | $1,078 |
| Venue at Viera Senior Living | One Bedroom One Bath (b) | 1BR,1BA | $1,096 |
| Hammock Harbor | Ashton | 1BR,1BA | $1,099 |
| The Teale New Haven | A | Studio,1BA | $1,125 |
| Park Village | Laketree | 1BR,1BA | $1,166 |
| Eleven35 Apartments | One Bedroom | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Suburban Melbourne, FL
As of July 15, 2026 the best value apartment in the Suburban Melbourne area is the $1.46 price per square foot Windsor (3rd Floor) Model at The Carlton of West Melbourne in the in the Suburban Melbourne neighborhood starting from $1,864. The second greatest value Suburban Melbourne apartment is the Three Bedroom Two Bath Model at Wickham Club starting at $1,599 with a $1.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Carlton of West Melbourne | Windsor (3rd Floor) | 2BR,2BA | $1.46 |
| Wickham Club | Three Bedroom Two Bath | 3BR,2BA | $1.32 |
| Lakes at Suntree | Magnolia | 2BR,2BA | $1.39 |
| Fountain Villas | The Falls | 2BR,2BA | $1.32 |
| Sabal Palms Apartments | Palmetto | 3BR,2BA | $1.52 |
| Rivercrest Racquet | Junior "B" 2 Bedroom | 2BR,2BA | $1.43 |
| The Park at Parma | Tuscany | 2BR,2BA | $1.45 |
| The Savannahs at James Landing | B1 The Pinta - 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.47 |
| Parkway Place | 1 Bed, 1 Bath | 1BR,1BA | $1.36 |
| Mission Bay Apartments | SIERRA | 1BR,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.
Read ArticleReal 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.
Pet Friendly LifestyleSuburban Melbourne, Melbourne, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $1,175.
What is the price of a cheap apartment in Suburban Melbourne?
The cheapest apartment in Suburban Melbourne is Parkway Place which is listed at $1,042, while the average apartment in Suburban Melbourne costs $9,365.
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 111 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 $361 which is $9,004 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

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.