Cheap Homes for Rent in Suburban Melbourne Neighborhood of Melbourne, FL from $800 (70 Rentals)

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

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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property at 1041 June Dr

1041 June Dr

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.

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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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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.

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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 Venue at Viera Senior Living priced from $1,092. Hammock Harbor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Suburban Melbourne apartments for rent in Melbourne, FL:

Apartment ListingModel NameBed/BathPriced From
Venue at Viera Senior LivingOne Bedroom One Bath (b)1BR,1BA$1,092
Hammock HarborAshton1BR,1BA$1,099
Lake PointeBreeze1BR,1BA$1,155
The Lenox at Merritt IslandPalm Shores2BR,2BA$1,195
Topaz CayMessina1BR,1BA$1,199
Wickham ClubOne Bedroom One Bath1BR,1BA$1,239
Eleven35 ApartmentsOne Bedroom Deluxe1BR,1BA$1,275
Addison PointeCape1BR,1BA$1,278
The Harbours ApartmentsLa Jumet1BR,1BA$1,289
The Reserves of MelbourneCanaveral2BR,1BA$1,289

Best Value Apartments for Rent in Suburban Melbourne, FL

As of July 25, 2025 the best value apartment in the Suburban Melbourne area is the $1.41 price per square foot Pimento Model at Covey Homes Palms West in the in the Diamond Square neighborhood starting from $2,582. The second greatest value Suburban Melbourne apartment is the The Cascade Model at Fountain Villas starting at $2,110 with a $1.55 price per square foot in the Suburban 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.
Covey Homes Palms WestPimento4BR,2BA$1.41
Fountain VillasThe Cascade3BR,2BA$1.55
Cocoa Grand ApartmentsOne Bedroom1BR,1BA$1.47
Lakeside Glen ApartmentsB1 - 2 Bedroom 2 Bath2BR,2BA$1.35
The Haven at West MelbourneB12BR,1BA$1.54
The Park at ParmaTuscany2BR,2BA$1.45
Park Village ApartmentsCrestview2BR,2BA$1.63
The Reserves of MelbourneCanaveral2BR,1BA$1.45
Wickham ClubOne Bedroom One Bath1BR,1BA$1.51
Savannahs at James LandingA1 The Nina - 1 Bedroom, 1 Bathroom1BR,1BA$1.65

Quick Rent Budget Calculator

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Frequently Asked Questions about Suburban Melbourne

What type of rentals are currently available in Suburban Melbourne?

There are currently 220 Apartments for Rent in Suburban Melbourne, FL with pricing that ranges from $880 to $9,000. There are also 467 Single Family Homes for rent, Condos, and Townhome rentals currently available in Suburban Melbourne ranging from $800 to $16,000.

What is the current price range for Rental Homes in Suburban Melbourne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Suburban Melbourne ranges from $800 to $16,000 with an average monthly rent of $4,360.

How much are larger Three and Four Bedroom Rentals in Suburban Melbourne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Suburban Melbourne range from $1,415 to $4,351, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,656.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.