Cheap Apartments for Rent in the Suburban Melbourne Neighborhood of Melbourne, FL from $300 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Suburban Melbourne area of Melbourne.

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Rocky Water Park
Rent Specials
$920 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$920 - $1,800

Total Monthly Price
$920 - $1,800
Studio to 3 Bedroom Apartments Contact Us For Availability

Rocky Water Park

2664 Pineapple AveMelbourne, FL 32935
Affordability
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Lake Pointe
Rent Specials
$1,169 - $1,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,122 - $1,652
Required Monthly Fees
$47

Total Monthly Price
$1,169 - $1,699
1 to 2 Bedroom Apartments Available Now

Lake Pointe

2880 N Wickham RdMelbourne, FL 32935
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The Teale New Haven
Rent Specials
$1,199 - $1,359
Total Monthly Price

Total Monthly Price

Base Rent
$1,163 - $1,323
Required Monthly Fees
$36

Total Monthly Price
$1,199 - $1,359
Studio Apartments Available Now

The Teale New Haven

4455 W New Haven AveMelbourne, FL 32904
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Eleven35 Apartments
$1,225 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,424
Required Monthly Fees
$75

Total Monthly Price
$1,225 - $1,499
1 to 2 Bedroom Apartments Available Now

Eleven35 Apartments

1135 N Wickham RdMelbourne, FL 32935
Affordability
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  • Customer Reviewed
  • 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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Park Village
$1,230 - $1,659
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $1,484
Required Monthly Fees
$175

Total Monthly Price
$1,230 - $1,659
1 to 2 Bedroom Apartments Available Now

Park Village

3099 Park Village WayMelbourne, FL 32935
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property at 1440 Parkway Dr

$1,250 - $1,495

1 To 2 Bedroom Rentals

Available Now

1440 Parkway Dr

MelbourneFL32935
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The Harbours
Rent Specials
$1,306 - $2,914
Total Monthly Price

Total Monthly Price

Base Rent
$1,082 - $2,690
Required Monthly Fees
$224

Total Monthly Price
$1,306 - $2,914
1 to 3 Bedroom Apartments Available Now

The Harbours

1032 Hidden Harbour DrMelbourne, FL 32935
Corporate Housing
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Topaz Cay
Rent Specials
$1,359 - $1,759
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,599
Required Monthly Fees
$160

Total Monthly Price
$1,359 - $1,759
1 to 3 Bedroom Apartments Available Now

Topaz Cay

1900 Post RdMelbourne, FL 32935
Affordability
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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.

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Reserves of Melbourne
$1,366 - $2,120
Total Monthly Price

Total Monthly Price

Base Rent
$1,184 - $1,938
Required Monthly Fees
$182

Total Monthly Price
$1,366 - $2,120
1 to 3 Bedroom Apartments Available Now

Reserves of Melbourne

2262 Crippen CtMelbourne, FL 32904
Corporate Housing
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Retreat @ Golf Links
Rent Specials
$1,400 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $1,540
Required Monthly Fees
$160

Total Monthly Price
$1,400 - $1,700
1 to 2 Bedroom Apartments Available Now

Retreat @ Golf Links

2700 Croton RdMelbourne, FL 32935
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Parkway Place
1 to 3 Bedroom Apartments

Parkway Place

3040 Bennett LnMelbourne, FL 32935
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Rivercrest Racquet
1 to 2 Bedroom Apartments

Rivercrest Racquet

3320 Rivercrest DrMelbourne, FL 32935
  • Utilities Included
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The Park at Parma
Studio to 3 Bedroom Apartments

The Park at Parma

500 N Wickham RdMelbourne, FL 32935

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.

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Hammock Harbor
$1,099 - $1,875
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,875

Total Monthly Price
$1,099 - $1,875
1 to 4 Bedroom Apartments Available Now

Hammock Harbor

1330 Naples CirRockledge, FL 32955
Affordability
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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.

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Cocoa Village Suites
Studio to 4 Bedroom Apartments

Cocoa Village Suites

636 Brevard AveCocoa, FL 32922
  • Utilities Included
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Rockledge Villas
1 to 3 Bedroom Apartments

Rockledge Villas

1525 S Fiske BlvdRockledge, FL 32955
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Southgate Apartments
1 to 3 Bedroom Apartments

Southgate Apartments

3140 Southgate DrRockledge, FL 32955
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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 Mission Bay Apartments priced from $899. Venue at Viera Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,084. Here are the most affordable Suburban Melbourne apartments for rent in Melbourne, FL:

Apartment ListingModel NameBed/BathPriced From
Mission Bay ApartmentsSIERRA1BR,1BA$899
Venue at Viera Senior LivingOne Bedroom One Bath (b)1BR,1BA$1,084
Hammock HarborAshton1BR,1BA$1,099
Lake PointeBreeze1BR,1BA$1,169
The Teale New HavenAStudio,1BA$1,199
The Park at Topaz TuscanaVenice1BR,1BA$1,199
Wickham ClubOne Bedroom One Bath1BR,1BA$1,210
Eleven35 ApartmentsOne Bedroom1BR,1BA$1,225
Rivercrest RacquetA-1 Bedroom 1 Bath1BR,1BA$1,232

Best Value Apartments for Rent in Suburban Melbourne, FL

As of February 28, 2026 the best value apartment in the Suburban Melbourne area is the $1.49 price per square foot Lavender Model at Covey Homes Palms West in the in the Diamond Square neighborhood starting from $2,487. The second greatest value Suburban Melbourne apartment is the Palm B Model at Amore Village Townhomes starting at $2,040 with a $1.39 price per square foot in the Coastal Brevard 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.
Covey Homes Palms WestLavender3BR,2BA$1.49
Amore Village TownhomesPalm B3BR,2.5BA$1.39
The Carlton of West MelbourneWindsor (B2-1)2BR,2BA$1.46
Sabal Palms ApartmentsEtonia3BR,2.5BA$1.40
Fountain VillasThe Falls2BR,2BA$1.48
Cocoa Grand ApartmentsOne Bedroom1BR,1BA$1.44
Grand Oaks At The LakeThe English Oak2BR,2BA$1.49
Wickham ClubOne Bedroom One Bath1BR,1BA$1.47
Rivercrest RacquetA-1 Bedroom 1 Bath1BR,1BA$1.54
Mission Bay ApartmentsSIERRA1BR,1BA$1.28

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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The 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.

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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.

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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 $1,232.

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

The cheapest apartment in Suburban Melbourne is Mission Bay Apartments which is listed at $899, while the average apartment in Suburban Melbourne costs $14,496.

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 118 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 $368 which is $14,128 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

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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.

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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.

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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.

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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.