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$394 - $1,0071 to 2 Bedroom Apartments Available Now
Clock Tower Senior Apartments
403 E Church StMarshalltown, IA 50158
Cheap Apartments for Rent in Melbourne, IA from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Melbourne.
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$395 - $9991 to 3 Bedroom Apartments Available Now
The Reserves at South Lake
500 Industrial AveGrinnell, IA 50112
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$4501 Bedroom Apartments Available Now
Hubbard Maple Street Apartments
717 E Maple StHubbard, IA 50122
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$550 - $1,1251 to 3 Bedroom Apartments Available Now
Hunters Run
821 S 13th Ave ENewton, IA 50208
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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$638 - $964Studio to 2 Bedroom Apartments Available Now
Southern Hills
2510 S 6th StMarshalltown, IA 50158
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$650 - $1,0162 to 3 Bedroom Apartments Available Now
Courtyard Apartments
1453 N 11th Ave ENewton, IA 50208
510 N 6th Ave E
NewtonIA50208
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$685 - $9451 to 3 Bedroom Apartments Available Now
Woodland Heights
1800 W 4th St NNewton, IA 50208
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 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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Showing Results 1-16, Page 1 of 1
Melbourne, IA Local Guide
Pure Iowa by Ron Cogswell is licensed under CC BY 2.0
How much does it cost to rent an apartment in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne Studio Apartments | $808 | $725 | $870 |
| Melbourne 1 Bedroom Apartments | $1,010 | $394 | $1,995 |
| Melbourne 2 Bedroom Apartments | $973 | $467 | $2,557 |
| Melbourne 3 Bedroom Apartments | $1,048 | $465 | $2,600 |
| Melbourne 4 Bedroom Apartments | $1,662 | $445 | $2,275 |
Browse Top Apartments in Melbourne
See all Apartments in MelbourneExplore Melbourne
Melbourne, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Melbourne Apartments for Rent and Nearby
The cheapest available apartment rental in Melbourne, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Hubbard Maple Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $450. Here is today’s list of the most affordable Melbourne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $450 |
| Hunters Run | A1 | 1BR,1BA | $550 |
| The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $620 |
| Hotel Maytag Apartments | Studio | 1BR,1BA | $725 |
Best Value Apartments for Rent in Melbourne, IA and Nearby
As of September 10, 2025 the best value apartment in the Melbourne area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the South Ames neighborhood starting from $800. The second greatest value Melbourne apartment is the B - 2x2 Model at The Quarters Ames starting at $750 with a $0.63 price per square foot in the South Ames neighborhood. Here is today’s list of the best values for Melbourne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copper Beech at Ames | 2BR/2.5BA | 2BR,2.5BA | $0.65 |
| The Quarters Ames | B - 2x2 | 2BR,2BA | $0.63 |
| The Landing Ames | C3 - 3x3 | 3BR,3BA | $0.47 |
| THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
| The Grove at Ames | 2BR/2BA | 2BR,2BA | $0.73 |
| Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.89 |
| Hunters Run | B2 | 2BR,1BA | $0.82 |
| Southern Hills | B1 | 2BR,1BA | $0.92 |
| The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.73 |
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See the most popular apartments and homes in Melbourne, IA
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 Cheap Melbourne Apartments
How much is rent for a Cheap One Bedroom Melbourne Apartment?
The lowest price for a Cheap One Bedroom Melbourne Apartment is $395 at The Reserves at South Lake.
What is the lowest price for a Cheap Two Bedroom Melbourne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Melbourne is starting from $470 at The Reserves at South Lake.
What is the most affordable Melbourne Three Bedroom Apartment?
The best deal on a cheap Melbourne Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.
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 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.
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.
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.