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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
2332 Beechmont
1 Bedroom Apartments

2332 Beechmont

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

1923 Sutton Ave

1923 Sutton AveCincinnati, OH 45230
close
View Me
6060 Colter Ave
1 Bedroom Apartments

6060 Colter Ave

6060 Colter AveCincinnati, OH 45230
close
View Me
Ridgeview Apartments
1 Bedroom Apartments

Ridgeview Apartments

5462-5470 Beechmont 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 1 Bed unit found at Mary Ingles Place in the Outer Southeast Hamilton neighborhood priced from $600. Riverstone Court Apartments - Beechmont Ave in the Turpin Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Melbourne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Ingles PlaceSTUDIO1BR,1BA$600
Riverstone Court Apartments - Beechmont AveOne Bedroom-5615 Beechmont1BR,1BA$850
Arborstone ApartmentsOne Bed w/ Office1BR,1BA$899
2332 BeechmontB1BR,1BA$899
Beechmont Bluffs1 Bedroom without a balcony1BR,1BA$900
Sutton Avenue Apartments1 - Partially Renovated1BR,1BA$915
1824 Mears Ave71BR,1BA$925
Salvador Point1 Bed/1 Bath1BR,1BA$950
2351 Beechmont Ave.1 Bed1BR,1BA$950
Beacon Tower1 Bedroom1BR,1BA$995

Best Value Apartments for Rent in Melbourne, KY and Nearby

As of May 28, 2025 the best value apartment in the Melbourne area is the $1.27 price per square foot 2 Bedroom, 1.5 Bath Duplex with Den 1,200SqFt Model at Norse Landing in the in the Saylor Woods neighborhood starting from $1,520. The second greatest value Melbourne apartment is the 2 Bedroom 1 Bathroom Model at Immaculate Townhomes starting at $1,400 with a $1.40 price per square foot in the Forestville 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, 1.5 Bath Duplex with Den 1,200SqFt2BR,1.5BA$1.27
Immaculate Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.40
Brandychase Apartments2BR/2BA STANDARD2BR,2BA$1.43
Stone Creek ApartmentsBrand New Renovated Two Bedrooms2BR,1BA$1.25
Beechmont Towers Apartments2 Bedroom2BR,1BA$1.32
Creekside at Anderson2 Bedroom/ Remodeled2BR,1.5BA$1.43
Washington House ApartmentsTwo Bedroom2BR,1BA$1.33
Mears Place Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.35
Beacon Tower1 Bedroom1BR,1BA$1.17
Harbour Cove ApartmentsSmall/ 2 Bedroom2BR,1BA$1.35

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

decorative image of woman handing cat to small boy

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

Explore Melbourne, KY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Melbourne, KY

View MapMelbourne, KY Apartments MapView MapMelbourne, KY Rental Homes Map

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $600 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.

What is the most affordable Melbourne Three Bedroom Apartment?

The best deal on a cheap Melbourne Three Bedroom Apartment rental is at Stonegate Apartments and starts from $1,720.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.