Cheap Homes for Rent in Suburban Melbourne Neighborhood of Melbourne, FL from $600 (81 Rentals)

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

property at 702 Hughlett Ave

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

1 Bedroom, 1.5 Bath Home for Rent

Available Now

702 Hughlett Ave

CocoaFL32922
property at 613 Paw Paw St

$1,125 - $1,175

2 Bedroom Rentals

Available Now

613 Paw Paw St

CocoaFL32922
property at 132 Bristol Ct

$1,200

Total Monthly Price

Total Monthly Price

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

1 Bedroom, 1 Bath Condo for Rent

Available Now

132 Bristol Ct

MelbourneFL32935

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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property at 3135 Shady Dell Ln

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 2 Bath Condo for Rent

Available Now

3135 Shady Dell Ln

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.

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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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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 $1,084. 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
The Teale New HavenAStudio,1BA$1,199
Rivercrest RacquetA-1 Bedroom 1 Bath1BR,1BA$1,214
Eleven35 ApartmentsOne Bedroom1BR,1BA$1,225
Savannahs at James LandingA1 The Nina - 1 Bedroom, 1 Bathroom1BR,1BA$1,243
Parkway Place2 Bed, 2 Bath2BR,2BA$1,270
Lake PointeBreeze1BR,1BA$1,301
City HarborA11BR,1BA$1,320

Best Value Apartments for Rent in Suburban Melbourne, FL

As of April 08, 2026 the best value apartment in the Suburban Melbourne area is the $1.27 price per square foot Duplex Model at Cocoa Grand Apartments in the in the Port St John Cocoa West neighborhood starting from $2,725. The second greatest value Suburban Melbourne apartment is the Lavender Model at Covey Homes Palms West starting at $2,289 with a $1.37 price per square foot in the Diamond Square 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 ApartmentsDuplex3BR,2BA$1.27
Covey Homes Palms WestLavender3BR,2BA$1.37
Polo Glen Apartment HomesC4 Double Garage- Up3BR,2BA$1.48
Amore Village TownhomesPalm A3BR,2.5BA$1.44
Sabal Palms ApartmentsEtonia3BR,2.5BA$1.40
Wickham ClubThree Bedroom Two Bath3BR,2BA$1.48
Fountain VillasThe Falls2BR,2BA$1.30
Lakeside Glen ApartmentsB1 - 2 Bedroom 2 Bath2BR,2BA$1.30
Parkway Place2 Bed, 2 Bath2BR,2BA$1.31
Mission Bay ApartmentsSIERRA1BR,1BA$1.28

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Suburban Melbourne

What type of rentals are currently available in Suburban Melbourne?

There are currently 217 Apartments for Rent in Suburban Melbourne, FL with pricing that ranges from $900 to $19,426. There are also 383 Single Family Homes for rent, Condos, and Townhome rentals currently available in Suburban Melbourne ranging from $600 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 $600 to $25,000 with an average monthly rent of $4,409.

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 $11,328, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,656.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.