Cheap Apartments for Rent in Melbourne, KY from $600 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Melbourne.

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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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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6115-6126 Plymouth Avenue
Studio to 3 Bedroom Apartments

6115-6126 Plymouth Avenue

6115-6126 Plymouth AveCincinnati, OH 45230
  • Utilities Included

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.

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6060 Colter Ave
1 to 2 Bedroom Apartments

6060 Colter Ave

6060 Colter AveCincinnati, OH 45230
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2332 Beechmont
1 to 2 Bedroom Apartments

2332 Beechmont

2332 Beechmont AveCincinnati, OH 45230
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1923 Sutton Ave
1 Bedroom Apartments

1923 Sutton Ave

1923 Sutton AveCincinnati, OH 45230
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Ridgeview Apartments
1 to 2 Bedroom Apartments

Ridgeview Apartments

5462-5470 Beechmont AveCincinnati, OH 45230
  • Utilities Included
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Salvador Point
1 to 3 Bedroom Apartments

Salvador Point

2301 Salvador StCincinnati, OH 45230
  • Utilities Included

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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Waterbury Apartments
Studio to 2 Bedroom Apartments

Waterbury Apartments

4140 Mount Carmel Tobasco RdCincinnati, OH 45255
Corporate Housing
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1824 Mears Ave
1 to 3 Bedroom Apartments

1824 Mears Ave

1824 Mears AveCincinnati, OH 45230
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Melbourne, KY Local Guide

Cheapest Available Melbourne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melbourne, KY is a Studio unit found at 6115-6126 Plymouth Avenue in the Turpin Hills neighborhood priced from $760. Mary Ingles Place in the California neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Melbourne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
6115-6126 Plymouth AvenueStudioStudio,1BA$760
Mary Ingles Place1 BED/1 BATH1BR,1BA$825
The Roxbury1 Bedroom 1 Bath - 353831BR,1BA$825
Riverstone Court Apartments - Beechmont AveOne Bedroom-5571 Beechmont1BR,1BA$870
Arborstone ApartmentsOne Bed1BR,1BA$899
2351 Beechmont Ave.2323 #21BR,1BA$899
1923 Sutton Ave1 bedroom1BR,1BA$899
2323 Beechmont Ave1 Bed1BR,1BA$899
Sutton Avenue Apartments1 - Partially Renovated1BR,1BA$915
Timber TrailsELM l2BR,1BA$935

Best Value Apartments for Rent in Melbourne, KY and Nearby

As of February 04, 2026 the best value apartment in the Melbourne area is the $1.18 price per square foot 2 Bedroom, 1 Bath 1,000SqFt Model at Norse Landing in the in the Northern Kentucky neighborhood starting from $1,180. The second greatest value Melbourne apartment is the 2 Beds, 1.5 baths Model at Carriage Station Homes starting at $1,325 with a $1.35 price per square foot in the Liberty Crossing neighborhood. Here is today’s list of the best values for Melbourne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Norse Landing2 Bedroom, 1 Bath 1,000SqFt2BR,1BA$1.18
Carriage Station Homes2 Beds, 1.5 baths2BR,1.5BA$1.35
Brandychase Apartments2BR/2BA STANDARD2BR,2BA$1.33
Glen Hollow2 bed 2 bath2BR,2BA$1.34
Stone Creek ApartmentsBrand New Renovated Two Bedrooms2BR,1BA$1.28
Washington House ApartmentsTwo Bedroom2BR,1BA$1.33
Beacon Tower2 BR2BR,1BA$1.33
Timber TrailsELM l2BR,1BA$1.09
The Reserves on Beacon Hill1x1 A1BR,1BA$1.27
Mary Ingles Place1 BED/1 BATH1BR,1BA$1.38

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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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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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.

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Quick Rent Budget Calculator

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Melbourne, KY Rentals by Map

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See the most popular apartments and homes in Melbourne, KY

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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 $825 at The Roxbury.

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 $935 at Timber Trails.

What is the most affordable Melbourne Three Bedroom Apartment?

The best deal on a cheap Melbourne Three Bedroom Apartment rental is at Sutton Place Apartments and Townhomes and starts from $1,355.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.