Cheap Homes for Rent in Suburban Melbourne Neighborhood of Melbourne, FL from $700 (69 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
property at 1225 N Wickham Rd

1225 N Wickham Rd

MelbourneFL32935

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.

Read Article
property at 72 Bossieux Blvd

72 Bossieux Blvd

MelbourneFL32904

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.

Read Article
property at 258 Ulster Ln

258 Ulster 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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

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 $1,092. 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$1,092
Hammock HarborAshton1BR,1BA$1,099
Lake PointeBreeze1BR,1BA$1,103
Caribbean Isle1A1BR,1BA$1,212
The Harbours ApartmentsLa Corrina1BR,1BA$1,219
Park Village ApartmentsParkline1BR,1BA$1,241
The Teale New HavenAStudio,1BA$1,249
The Reserves of MelbourneLunar1BR,1BA$1,249
Topaz CayMessina1BR,1BA$1,249

Best Value Apartments for Rent in Suburban Melbourne, FL

As of November 11, 2025 the best value apartment in the Suburban Melbourne area is the $1.30 price per square foot Two Bedroom with Study Model at Cocoa Grand Apartments in the in the Port St John Cocoa West neighborhood starting from $2,120. The second greatest value Suburban Melbourne apartment is the C3- Upper Model at Polo Glen Apartment Homes starting at $2,149 with a $1.38 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.
Cocoa Grand ApartmentsTwo Bedroom with Study2BR,2BA$1.30
Polo Glen Apartment HomesC3- Upper3BR,2BA$1.38
Amore Village TownhomesPalm B3BR,2.5BA$1.29
1841 Long Iron Dr, Unit 8071841 Long Iron Dr3BR,2BA$1.35
Sabal Palms ApartmentsEtonia3BR,2.5BA$1.40
Wickham ClubThree Bedroom Two Bath3BR,2BA$1.40
Fountain VillasThe Falls2BR,2BA$1.41
Lakeside Glen ApartmentsB1 - 2 Bedroom 2 Bath2BR,2BA$1.36
Parkway Place2 Bed, 2 Bath2BR,2BA$1.31
Mission Bay ApartmentsSIERRA1BR,1BA$1.28

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

Frequently Asked Questions about Suburban Melbourne

What type of rentals are currently available in Suburban Melbourne?

There are currently 216 Apartments for Rent in Suburban Melbourne, FL with pricing that ranges from $1,050 to $9,000. There are also 464 Single Family Homes for rent, Condos, and Townhome rentals currently available in Suburban Melbourne ranging from $750 to $25,000.

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 $750 to $25,000 with an average monthly rent of $4,875.

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 $1,466 to $4,073, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,895 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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.