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Homes & Apartments for Rent in Melbourne, FL

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Viewing 21-40 of 95 rentals in Melbourne
What to Know About

Life in Melbourne & Beyond

Melbourne shares many of the great qualities that make Florida a desirable place to live.

Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Melbourne, FL

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As of November 2026, Melbourne's rental market is stable, with rentals spending about 32 days on the market, slower than in Florida (30), and rents down 5.2% over the past year. Melbourne's average rent is 30.7% ($792) lower than the Florida average of $2,584 and 12.0% ($244) lower than the U.S. average of $2,036.

Average Rent
$1,792
Monthly ChangeMonth Over Month Change
Decreased0.68% ($12)
Yearly ChangeYear Over Year Change
Decreased5.2% ($98)
Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,343 Decreased0.25% ($3) Decreased2.6% ($36)
2 Beds $1,681 Decreased0.46% ($8) Decreased4.6% ($81)
3 Beds $2,148 Decreased0.84% ($18) Decreased2.5% ($55)
Nearby Cities Average Rent Avg. Rent vs. MelbourneAverage Rent vs. Melbourne Days on Market
Indialantic $2,447 Increased36.6% ($655) 33 days
Satellite Beach $2,545 Increased42.0% ($753) 32 days
Palm Bay $1,932 Increased7.8% ($140) 37 days
Malabar $2,107 Increased17.6% ($315) 32 days
Melbourne Beach $2,919 Increased62.9% ($1,127) 31 days
Based on rentals advertised on RentalSource in and around Melbourne.
Frequently Asked Questions
Melbourne Rental Market FAQs

Explore rental prices, market conditions, and affordability in Melbourne, FL.

The average rent in Melbourne, FL is $1,792 per month.
In Melbourne, the average rent is $1,343 per month for a 1-bedroom home, $1,681 for a 2-bedroom home and $2,148 for a 3-bedroom home.
The average rent in Melbourne is 12% ($244) lower than the national average of $2,036 per month.
The rental market in Melbourne, FL is currently stable, with rentals spending about 32 days on the market, slower than in Florida (30), and rents down 5.2% over the past year.
Based on the current averages, a household would need an annual income of $67,200 to comfortably afford a 2-bedroom home in Melbourne.
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