Cheap Apartments for Rent in Melbourne, KY from $600 (57 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Skytop Apartments
Rent Specials
$1,354 - $4,058
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $4,058
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Skytop Apartments

5280 Beechmont AveCincinnati, OH 45230
Family Friendly
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2323 Beechmont Ave
Studio to 1 Bedroom Apartments

2323 Beechmont Ave

2323 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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6115-6126 Plymouth Avenue
Studio to 3 Bedroom Apartments

6115-6126 Plymouth Avenue

6115-6126 Plymouth 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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2351 Beechmont Ave.
Studio to 2 Bedroom Apartments

2351 Beechmont Ave.

2351 Beechmont AveCincinnati, OH 45230
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6060 Colter Ave
1 to 2 Bedroom Apartments

6060 Colter Ave

6060 Colter AveCincinnati, OH 45230

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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Salvador Point
1 to 3 Bedroom Apartments

Salvador Point

2301 Salvador StCincinnati, OH 45230
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1954 Rockland Ave
1 Bedroom Apartments

1954 Rockland Ave

1954 Rockland AveCincinnati, OH 45230
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Ridgeview Apartments
1 to 2 Bedroom Apartments

Ridgeview Apartments

5462-5470 Beechmont AveCincinnati, OH 45230
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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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Beech Crown Apartments
2 to 3 Bedroom Apartments

Beech Crown Apartments

2346-2350 Beechmont AveCincinnati, OH 45230
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1824 Mears Ave
1 to 3 Bedroom Apartments

1824 Mears Ave

1824 Mears AveCincinnati, OH 45230
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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 Mary Ingles Place in the California neighborhood priced from $615. The Manor in the California neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Melbourne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Ingles PlaceSTUDIOStudio,1BA$615
The ManorThe Manor1BR,1BA$800
Riverstone Court Apartments1 Bedroom 1 Bathroom1BR,1BA$870
Arborstone ApartmentsOne Bed1BR,1BA$899
2351 Beechmont Ave.1 Bed1BR,1BA$899
Sutton Avenue Apartments1 - Partially Renovated1BR,1BA$915
6060 Colter AveOne Bedroom1BR,1BA$925
Beechmont Towers Apartments1 Bedroom1BR,1BA$975
1809-1813 Mears Ave2bed, 2bath2BR,2BA$1,000
Washington House ApartmentsOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Melbourne, KY and Nearby

As of July 03, 2026 the best value apartment in the Melbourne area is the $1.34 price per square foot 3x2.5 Model at Anderson Grove Townhomes in the in the Liberty Crossing neighborhood starting from $2,350. The second greatest value Melbourne apartment is the 3 Bedroom, 1.5 Bath Duplex 1,200SqFt Model at Norse Landing starting at $1,615 with a $1.35 price per square foot in the Campbell County 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.
Anderson Grove Townhomes3x2.53BR,2.5BA$1.34
Norse Landing3 Bedroom, 1.5 Bath Duplex 1,200SqFt3BR,1.5BA$1.35
Glen Hollow2 bed 2 bath2BR,2BA$1.26
Stone Creek ApartmentsBrand New Renovated Two Bedrooms2BR,1BA$1.33
1809-1813 Mears Ave2bed, 2bath2BR,2BA$1.05
Washington House ApartmentsTwo Bedroom2BR,1BA$1.33
Timber TrailsELM l2BR,1BA$1.29
Harbour Cove ApartmentsSmall/ 2 Bedroom2BR,1BA$1.38
The ManorThe Manor1BR,1BA$1.07
2351 Beechmont Ave.1 Bed1BR,1BA$1.27

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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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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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

What is the Cheapest Studio apartment in Melbourne?

Currently the most affordable Cheap Studio Apartment in Melbourne is at Mary Ingles Place listed at $615.

How much is rent for a Cheap One Bedroom Melbourne Apartment?

The lowest price for a Cheap One Bedroom Melbourne Apartment is $800 at The Manor.

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 $1,000 at 1809-1813 Mears Ave.

What is the most affordable Melbourne Three Bedroom Apartment?

The best deal on a cheap Melbourne Three Bedroom Apartment rental is at Beechmont Towers Apartments and starts from $1,550.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.