1 Bedroom Apartments for Rent in Melbourne, IA (25 Rentals)

Hawthorne Pointe

420 S 4th St

The Reserves at South Lake

Plant 1 Lofts
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.

Lions Gate Apartments

Woodland Heights

Hubbard Maple Street Apartments

Brookside South Apartments

Parkside Luxury Apartments
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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.

Clock Tower Senior Apartments

Hunters Run
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.

702 Carroll Ave

1404 Crescent St
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.

905 E 8th St S
Melbourne, IA Local Guide

How much does it cost to rent an apartment in Melbourne?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melbourne Studio Apartments | $787 | $725 | $870 |
Melbourne 1 Bedroom Apartments | $1,130 | $394 | $2,379 |
Melbourne 2 Bedroom Apartments | $1,001 | $467 | $2,973 |
Melbourne 3 Bedroom Apartments | $1,004 | $465 | $2,600 |
Melbourne 4 Bedroom Apartments | $1,513 | $445 | $2,225 |
Browse Top Apartments in Melbourne
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Melbourne, IA Local Guide
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Largest Available Melbourne and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Melbourne, IA is found at Plant 1 Lofts and is 995 square feet priced from $1,995. Brick Towne Ames in the South Ames neighborhood has the second largest 1 Bedroom, which is sized at 679 square feet and currently listed start at $1,025. Here is today’s list of the largest available 1 Bedroom units in Melbourne:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Plant 1 Lofts | A6 - Loft | 995 Sq Ft | $1,995 |
Brick Towne Ames | 1 Bedroom | 679 Sq Ft | $1,025 |
Spaulding Lofts | A5 - Income Restricted | 676 Sq Ft | $750 |
The Reserves at South Lake | 1B1B | 649 Sq Ft | $395 |
Hubbard Maple Street Apartments | 1 BR/1 BA | 615 Sq Ft | $450 |
Cheapest Available Melbourne and Nearby 1 Bedroom Apartments
As of July 31, 2025 the lowest priced 1 Bedroom apartment unit in Melbourne, IA is the 1B1B Model starting from $395 at The Reserves at South Lake in the East Gate Estates neighborhood. The second most affordable Melbourne 1 Bedroom is the 1 BR/1 BA Model at Hubbard Maple Street Apartments starting at $450 . The average price for all 1 Bedroom apartments in Melbourne is currently $1,130. Here is today’s list of the cheapest available 1 Bedroom options in Melbourne:
Apartment Listing | Model Name | Priced From |
---|---|---|
The Reserves at South Lake | 1B1B | $395 |
Hubbard Maple Street Apartments | 1 BR/1 BA | $450 |
The Tallcorn | 1 bedroom, 1 bath | $620 |
Hotel Maytag Apartments | 1 bedroom A | $725 |
Spaulding Lofts | A5 - Income Restricted | $750 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Melbourne, IA
Walk Score®
8 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 1 Bedroom Melbourne Apartments
How much is the average rent for a 1 Bedroom Melbourne Apartment?
The average rent for a 1 Bedroom Apartment in Melbourne is $1,130.
What is the largest available 1 Bedroom Melbourne Apartment for rent?
Today's apartment with the most square footage in Melbourne is a 995 square feet unit starting from $1,995 at Plant 1 Lofts.
What is the average size for Melbourne 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Melbourne is currently 700 sq ft.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.