Cheap Apartments for Rent in Melbourne, KY from $600 (42 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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Blue Valley Flats
Rent Specials
$972 - $1,349
Total Monthly Price

Total Monthly Price

Base Rent
$912 - $1,289
Required Monthly Fees
$60
Total Monthly Price
$972 - $1,349
Studio to 3 Bedroom Apartments Available Now

Blue Valley Flats

6246 Corbly RdCincinnati, OH 45230
Furnished
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  • Customer Reviewed
  • 3D Tour

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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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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Arbors of Anderson
Rent Specials
$1,195 - $2,445
Total Monthly Price

Total Monthly Price

Base Rent
$978 - $2,228
Required Monthly Fees
$217
Total Monthly Price
$1,195 - $2,445
1 to 3 Bedroom Apartments Available Now

Arbors of Anderson

4037 Mt Carmel Tobasco RdCincinnati, OH 45255
Affordability
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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
  • Utilities Included
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6060 Colter Ave
1 to 2 Bedroom Apartments

6060 Colter Ave

6060 Colter AveCincinnati, OH 45230

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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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
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1954 Rockland Ave
1 Bedroom Apartments

1954 Rockland Ave

1954 Rockland 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
  • Utilities Included
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1824 Mears Ave
1 to 3 Bedroom Apartments

1824 Mears Ave

1824 Mears AveCincinnati, OH 45230
  • Utilities Included

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.

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Showing Results 1-42, 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 1 Bed unit found at The Roxbury in the California neighborhood priced from $775. 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
The Roxbury1 Bedroom 1 Bath - 353831BR,1BA$775
The ManorThe Manor1BR,1BA$800
Riverstone Court Apartments - Beechmont AveOne Bedroom-5571 Beechmont1BR,1BA$870
6115-6126 Plymouth Avenue1 bed1BR,1BA$899
1923 Sutton Ave1 bedroom1BR,1BA$899
2323 Beechmont Ave1 Bed1BR,1BA$899
2351 Beechmont Ave.2323 #21BR,1BA$899
Sutton Avenue Apartments1 - Partially Renovated1BR,1BA$915
Beechmont Bluffs1 Bedroom with balcony1BR,1BA$925
1954 Rockland Ave1 Bed1BR,1BA$950

Best Value Apartments for Rent in Melbourne, KY and Nearby

As of March 23, 2026 the best value apartment in the Melbourne area is the $1.41 price per square foot 3 Bedroom Model at Beechmont Towers Apartments in the in the California neighborhood starting from $1,550. 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.
Beechmont Towers Apartments3 Bedroom3BR,2BA$1.41
Carriage Station Homes2 Beds, 1.5 baths2BR,1.5BA$1.35
Stone Creek ApartmentsBrand New Renovated Two Bedrooms2BR,1BA$1.28
1809-1813 Mears Ave2bed, 2bath2BR,2BA$1.05
Timber TrailsELM ll2BR,1BA$1.22
Washington House ApartmentsTwo Bedroom2BR,1BA$1.33
1923 Sutton Ave1 bedroom1BR,1BA$1.00
Mears Place Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.38
Harbour Cove ApartmentsSmall/ 2 Bedroom2BR,1BA$1.38
The ManorThe Manor1BR,1BA$1.07

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Explore Melbourne, KY Rentals by Map

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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 $775 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 $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 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.