Cheap Homes for Rent in the Suburban Melbourne Neighborhood of Melbourne, FL from $640 (51 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

$640

Total Monthly Price

Total Monthly Price

Base Rent
$640
Total Monthly Price
$640

1 Bedroom, 1.5 Bath Home for Rent

Available Now

702 Hughlett Ave

CocoaFL32922
property at 700 Hughlett Ave

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

1 Bedroom, 1 Bath Home for Rent

Available Now

700 Hughlett Ave

CocoaFL32922
property at 1055 Venetian Dr

$840

Total Monthly Price

Total Monthly Price

Base Rent
$840
Total Monthly Price
$840

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1055 Venetian Dr

MelbourneFL32904

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2779 Patty Ln

$1,100

1 Bedroom Rentals

Available Now

2779 Patty Ln

MelbourneFL32935
property at 833 Berkshire Dr

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Sep 15

833 Berkshire Dr

RockledgeFL32955
property at 1530 Windward Dr

$1,200

Total Monthly Price

Total Monthly Price

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

1 Bedroom, 1 Bath Home for Rent

Available Now

1530 Windward Dr

MelbourneFL32935
property at 3135 Shady Dell Ln

$1,200

Total Monthly Price

Total Monthly Price

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

1 Bedroom, 2 Bath Condo for Rent

Available Now

3135 Shady Dell Ln, Unit 233

3135 Shady Dell Ln
MelbourneFL32935
property at 803 Rockledge Dr

$1,230

Total Monthly Price

Total Monthly Price

Base Rent
$1,230
Total Monthly Price
$1,230

1 Bedroom, 1 Bath Condo for Rent

Available Now

803 Rockledge Dr, Unit 3

803 Rockledge Dr
RockledgeFL32955

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.

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property at 1701 Post Rd

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375

1 Bedroom, 1 Bath Home for Rent

Available Now

1701 Post Rd

MelbourneFL32935

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 1776 Sophias Dr

$1,300 - $1,400

1 Bedroom Rentals

Available Now

1776 Sophias Dr

MelbourneFL32940

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.

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property at 1720 Murrell Rd

$1,475 - $1,550

2 Bedroom Rentals

Available Now

1720 Murrell Rd

RockledgeFL32955
property at 6431 Borasco Dr

$1,500 - $1,995

1 To 2 Bedroom Rentals

Available Now

6431 Borasco Dr

MelbourneFL32940

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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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 The Harbours priced from $1,041. Parkway Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,042. Here are the most affordable Suburban Melbourne apartments for rent in Melbourne, FL:

Apartment ListingModel NameBed/BathPriced From
The HarboursNobska1BR,1BA$1,041
Parkway Place1 Bed, 1 Bath1BR,1BA$1,042
Park VillageLaketree1BR,1BA$1,087
Venue at Viera Senior LivingOne Bedroom One Bath (b)1BR,1BA$1,096
Hammock HarborAshton1BR,1BA$1,099
Topaz CayMessina1BR,1BA$1,124
The Teale New HavenAStudio,1BA$1,125
Lake PointeBreeze1BR,1BA$1,184
Caribbean Isle1A1BR,1BA$1,200
Mission Bay ApartmentsMONTEREY2BR,2BA$1,269

Best Value Apartments for Rent in Suburban Melbourne, FL

As of August 24, 2026 the best value apartment in the Suburban Melbourne area is the $1.49 price per square foot Palm A Model at Amore Village Townhomes in the in the Coastal Brevard neighborhood starting from $2,187. The second greatest value Suburban Melbourne apartment is the Three Bedroom Two Bath Model at Wickham Club starting at $1,689 with a $1.40 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Amore Village TownhomesPalm A3BR,2.5BA$1.49
Wickham ClubThree Bedroom Two Bath3BR,2BA$1.40
Sabal Palms ApartmentsPalmetto3BR,2BA$1.52
Ventura at Turtle CreekB32BR,2BA$1.54
Lakeside Glen ApartmentsB1 - 2 Bedroom 2 Bath2BR,2BA$1.47
The Park at ParmaTuscany2BR,2BA$1.33
The Savannahs at James LandingB1 The Pinta - 2 Bedroom, 1 Bathroom2BR,1BA$1.49
Mission Bay ApartmentsMONTEREY2BR,2BA$1.37
The Park at Topaz TuscanaTuscany2BR,2BA$1.46
Parkway Place1 Bed, 1 Bath1BR,1BA$1.36

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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Real 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.

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Quick Rent Budget Calculator

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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 214 Apartments for Rent in Suburban Melbourne, FL with pricing that ranges from $1,013 to $21,666. There are also 362 Single Family Homes for rent, Condos, and Townhome rentals currently available in Suburban Melbourne ranging from $640 to $30,000.

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 $640 to $30,000 with an average monthly rent of $2,390.

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 $1,468 to $11,373, while Three Bedroom Homes, Condos, and Townhomes for rent range from $840 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,800 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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.