Rent Trends for Apartments in Melbourne

October 2026

Bedroom count	Melbourne	vs Last Month
Studio	$1,300	up 3.83%
1 Bedroom	$1,300	No change
2 Bedroom	$1,600	up 0.63%
3 Bedroom	$2,015	up 0.90%
4 Bedroom	$2,593	down 0.27%

Median rent as of October 4, 2026

This October, we've analyzed our 263 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 6.91% to $1,300, while the median rent for a 1 bedroom apartment remained the same at $1,300.

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

Sonesta Walk Apartments Magnolia Park Apartments Bowe Gardens Apartments Sherwood Park Apartments Hammock Trace Preserve Apartments Magnolia Hgts Apartments Crown Heights Apartments Eagle Lake Apartments

Apartment Types in Melbourne

Short Term Rentals in Melbourne

Find Your Dream Apartment for Rent in Melbourne

PadMapper has 263 condos, houses, and apartments for rent in Melbourne. Specifically, 1 studio apartments, 6 one-bedroom apartments, 11 two-bedroom apartments, 35 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.

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