4505 Forest Trail
CincinnatiOH45244
Cheap Homes for Rent in Melbourne, KY from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Melbourne.
1180 King Louis Ct
CincinnatiOH45255
533 Aspen Glen Dr
CincinnatiOH45244
568 Delta Ave
CincinnatiOH45226
116 W 11th St
NewportKY41071
604 E 16th St
CovingtonKY41014
Showing Results 1-6, Page 1 of 1
Melbourne, KY Local Guide
Kentucky welcome sign by Doug Kerr is licensed under CC BY 2.0
How much does it cost to rent a home in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne 2 Bedroom Homes for Rent | $1,719 | $1,025 | $5,500 |
| Melbourne 3 Bedroom Homes for Rent | $2,210 | $1,297 | $5,100 |
| Melbourne 4 Bedroom Homes for Rent | $2,643 | $2,095 | $3,450 |
Browse Top Homes for Rent in Melbourne
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Melbourne, KY Local Guide
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Cheapest Available Melbourne Apartments for Rent and Nearby
The cheapest available apartment rental in Melbourne, KY is a Studio unit found at Arborstone Apartments in the California neighborhood priced from $760. 6115-6126 Plymouth Avenue in the California neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here is today’s list of the most affordable Melbourne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arborstone Apartments | Studio | Studio,1BA | $760 |
| 6115-6126 Plymouth Avenue | Studio | Studio,1BA | $760 |
| Riverstone Court Apartments - Beechmont Ave | One Bedroom-5571 Beechmont | 1BR,1BA | $870 |
Best Value Apartments for Rent in Melbourne, KY and Nearby
As of November 11, 2025 the best value apartment in the Melbourne area is the $1.24 price per square foot 3 Bedroom 1 Bathroom Model at Immaculate Townhomes in the in the Forestville neighborhood starting from $1,730. The second greatest value Melbourne apartment is the 3 Bedroom, 1.5 Bath Duplex 1,200SqFt Model at Norse Landing starting at $1,570 with a $1.31 price per square foot in the Northern Kentucky neighborhood. Here is today’s list of the best values for Melbourne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Immaculate Townhomes | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.24 |
| Norse Landing | 3 Bedroom, 1.5 Bath Duplex 1,200SqFt | 3BR,1.5BA | $1.31 |
| Beechmont Towers Apartments | 3 Bedroom | 3BR,2BA | $1.41 |
| Brandychase Apartments | 2BR/2BA STANDARD | 2BR,2BA | $1.33 |
| Stone Creek Apartments | Brand New Renovated Two Bedrooms | 2BR,1BA | $1.28 |
| Timber Trails | ELM ll | 2BR,1BA | $1.11 |
| Washington House Apartments | Two Bedroom | 2BR,1BA | $1.33 |
| Beacon Tower | 2 BR | 2BR,1BA | $1.33 |
| Mears Place Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.38 |
| The Reserves on Beacon Hill | 2x1 | 2BR,1BA | $1.39 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Melbourne
What type of rentals are currently available in Melbourne?
There are currently 47 Apartments for Rent in Melbourne, KY with pricing that ranges from $725 to $3,125. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melbourne ranging from $895 to $5,500.
What is the current price range for Rental Homes in Melbourne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melbourne ranges from $895 to $5,500 with an average monthly rent of $1,803.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.