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from $3941 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 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Melbourne.
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from $3951 to 3 Bedroom Apartments Available Now
The Reserves at South Lake
500 Industrial AveGrinnell, IA 50112
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from $4501 Bedroom Apartments Available Now
Hubbard Maple Street Apartments
717 E Maple StHubbard, IA 50122
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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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from $5501 to 3 Bedroom Apartments Available Now
Hunters Run
821 S 13th Ave ENewton, IA 50208
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from $625Studio to 2 Bedroom Apartments Available Now
Southern Hills
2510 S 6th StMarshalltown, IA 50158
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from $640Studio to 2 Bedroom Apartments Available Now
Hotel Maytag Apartments
105 N 2nd Ave ENewton, IA 50208
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from $650Studio to 2 Bedroom Apartments Available Now
Parkside Luxury Apartments
2335 Paine St NEBondurant, IA 50035
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from $6951 Bedroom Apartments Contact Us For Availability
309 N 3rd St
309 N 3rd StMarshalltown, IA 50158
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.
721 Hodge Ave
AmesIA50010
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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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Showing Results 1-15, 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 | $750 | $650 | $870 |
| Melbourne 1 Bedroom Apartments | $1,117 | $394 | $2,487 |
| Melbourne 2 Bedroom Apartments | $986 | $467 | $3,247 |
| Melbourne 3 Bedroom Apartments | $1,036 | $465 | $2,600 |
| Melbourne 4 Bedroom Apartments | $1,488 | $445 | $2,175 |
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 |
| The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $505 |
| Hunters Run | A1 | 1BR,1BA | $550 |
| Southern Hills | A1 | 1BR,1BA | $625 |
Best Value Apartments for Rent in Melbourne, IA and Nearby
As of July 13, 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 A - 3x3 Model at The Quarters Ames starting at $615 with a $0.55 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 | A - 3x3 | 3BR,3BA | $0.55 |
| THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
| The Grove at Ames | 2BR/2BA | 2BR,2BA | $0.73 |
| Hotel Maytag Apartments | 2 bedroom A | 2BR,1BA | $0.75 |
| Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.89 |
| Hunters Run | A2 | 1BR,1BA | $0.86 |
| The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.73 |
| The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $0.83 |
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Explore Melbourne, IA Rentals by Map
See the most popular apartments and homes in Melbourne, IA
Melbourne, IA Apartments MapMelbourne, IA Rental Homes MapGetting 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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.