
Apartments for Rent in Melbourne, IA Under $1,200 (59 Rentals)


Total Monthly Price
Villas at Deerwood by Kading

Total Monthly Price
Park Place

Lions Gate Apartments

Brick Towne Ames

Plant 1 Lofts

East Park Village

420 S 4th St

Santa Barbara

Walnut Creek Apartments
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.

Crystal Street Apartments

THE ARBORS APARTMENTS

Pharaohs Valley

Olive Terrace Apartments

409 4th St NE

SUNDANCE MARSHALLTOWN APARTMENTS

South Meadow

SUNDANCE NEWTON APARTMENTS

Southtown Apartments

Spaulding Lofts
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.

Northridge Apartments

East Olive Apartments

Hunters Run

Hawthorne Pointe

Parkside Apartments

Hotel Maytag Apartments

Woodland Heights

Brookview Terrace

Southern Hills

110 N Maple St
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.

Copper Beech

Courtyard Apartments

The Quarters Ames

The Grove

Hubbard Maple Street Apartments

The Landing Ames

The Reserves at South Lake

702 E 20th St S

912 Grand Ave

1022 1st Ave W

2109 Barr Dr

726 E 8th St N

215 N Main St

919 6th St

210 N Main St

17 E Howard St

Walnut Pointe

South View Apartments

Park Place Apartments

Baxter Park Apartments
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 | $845 | $725 | $955 |
| Melbourne 1 Bedroom Apartments | $1,022 | $460 | $1,280 |
| Melbourne 2 Bedroom Apartments | $1,087 | $470 | $2,200 |
| Melbourne 3 Bedroom Apartments | $893 | $465 | $2,300 |
| Melbourne 4 Bedroom Apartments | $1,438 | $445 | $2,325 |
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Melbourne, IA Local Guide
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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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melbourne, IA Rentals by Map
See the most popular apartments and homes in Melbourne, IA
Frequently Asked Questions about Melbourne
What is the current price range for One Bedroom Melbourne Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Melbourne ranges from $460 to $1,280 with an average monthly rent of $1,022.
What does renting a Two Bedroom Apartment in Melbourne cost?
The monthly rent prices of Two Bedroom Apartments currently available in Melbourne range from $470 to $2,200. Today's average rental price for Two Bedrooms here is $1,087.
How expensive are Melbourne Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in Melbourne on ApartmentHomeLiving.com. The pricing ranges from $465 to $2,300 - averaging $893 for the location.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.