Cheap Apartments for Rent in Melbourne, KY from $600 (37 Rentals)

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

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.

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.

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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6060 Colter Ave
1 Bedroom Apartments

6060 Colter Ave

6060 Colter 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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2332 Beechmont
1 Bedroom Apartments

2332 Beechmont

2332 Beechmont AveCincinnati, OH 45230
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Ridgeview Apartments
1 Bedroom Apartments

Ridgeview Apartments

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

Salvador Point

2301 Salvador StCincinnati, OH 45230
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Waterbury Apartments
1 to 2 Bedroom Apartments

Waterbury Apartments

4140 Mount Carmel Tobasco RdCincinnati, OH 45255

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.

Melbourne, KY Local Guide

Cheapest Available Melbourne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melbourne, KY is a 1 Bed unit found at Mary Ingles Place in the California neighborhood priced from $615. 2351 Beechmont Ave. in the California neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here is today’s list of the most affordable Melbourne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Ingles PlaceSTUDIO1BR,1BA$615
2351 Beechmont Ave.2323 #9Studio,1BA$799
Riverstone Court Apartments - Beechmont AveOne Bedroom-5615 Beechmont1BR,1BA$850
Arborstone ApartmentsOne Bed w/ Office1BR,1BA$899
Beechmont Bluffs1 Bedroom without a balcony1BR,1BA$900
Sutton Avenue Apartments1 - Partially Renovated1BR,1BA$915
Washington House ApartmentsOne Bedroom1BR,1BA$950
Beacon Tower1 Bedroom1BR,1BA$995
Timber TrailsASH1BR,1BA$1,045
Beechmont Towers Apartments1 Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Melbourne, KY and Nearby

As of July 13, 2025 the best value apartment in the Melbourne area is the $1.43 price per square foot 2BR/2BA STANDARD Model at Brandychase Apartments in the in the Liberty Crossing neighborhood starting from $1,400. The second greatest value Melbourne apartment is the Brand New Renovated Two Bedrooms Model at Stone Creek Apartments starting at $1,125 with a $1.17 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.
Brandychase Apartments2BR/2BA STANDARD2BR,2BA$1.43
Stone Creek ApartmentsBrand New Renovated Two Bedrooms2BR,1BA$1.17
Beechmont Towers Apartments2 Bedroom2BR,1BA$1.32
Creekside at Anderson2 Bedroom/ Remodeled2BR,1.5BA$1.43
Washington House ApartmentsTwo Bedroom2BR,1BA$1.33
Waterbury ApartmentsWB 2/12BR,1BA$1.43
Beacon Tower1 Bedroom1BR,1BA$1.17
Harbour Cove ApartmentsSmall/ 2 Bedroom2BR,1BA$1.35
1824 Mears Ave2 Bed2BR,1.5BA$1.45
Sutton Avenue Apartments1 - Partially Renovated1BR,1BA$1.46

Quick Rent Budget Calculator

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Pet Friendly Lifestyle

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Pet Friendliness Lifestyle Score

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

Explore Melbourne, KY Rentals by Map

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Getting Around Melbourne, KY

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

12 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $615 at Mary Ingles Place.

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 $1,099 at Arborstone Apartments.

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.

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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.

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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.

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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.

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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.