Rent Trends for Apartments in Melbourne

June 2026

Bedroom count	Melbourne	vs Last Month
Studio	$1,288	down 1.45%
1 Bedroom	$1,399	up 8.03%
2 Bedroom	$1,640	up 0.92%
3 Bedroom	$2,213	up 0.59%
4 Bedroom	$2,500	down 3.85%

Median rent as of June 7, 2026

This June, we've analyzed our 268 listings in Melbourne to determine the rent trend. We're updating our tables in real time to give you the most up to date Melbourne median apartment rent prices by bedroom count.

The median rent for a studio apartment increased by 4.04% to $1,288, while the median rent for a 1 bedroom apartment increased by 0.72% to $1,399.

Cities Near Melbourne

Indian Harbour Beach Apartments Satellite Beach Apartments Palm Shores Apartments West Melbourne Apartments June Park Apartments Indialantic Apartments South Patrick Shores Apartments Melbourne Beach Apartments Viera East Apartments Viera West Apartments

Top Neighborhoods in Melbourne

University Park Apartments Magnolia Park Apartments Eagle Lake Apartments Bowe Gardens Apartments Magnolia Hgts Apartments Lake Washington Townhomes Apartments Hammock Trace Preserve Apartments Sherwood Park Apartments

Apartment Types in Melbourne

Short Term Rentals in Melbourne

Find Your Dream Apartment for Rent in Melbourne

PadMapper has 268 condos, houses, and apartments for rent in Melbourne. Specifically, 2 studio apartments, 7 one-bedroom apartments, 11 two-bedroom apartments, 20 three-bedroom apartments are currently available for rent.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

Search › Florida › Melbourne