Welcome to the Apartment List October 2026 Rent Report for Melbourne, FL. Currently, the overall median rent in the city stands at $1,373, roughly the same as last month. Prices remain down 3.7% year-over-year. Read on to learn more about what’s been happening in the Melbourne rental market and how it compares to trends throughout the nation as a whole.
The average rent for a 1 bedroom apartment in Melbourne is $1,596+, while the average rent for a 2 bedroom apartment is $1,987+. Rent rates updated ago
Studio
$1,162+
Prices trending up
1 Bed
$1,596+
Prices trending up
2 Beds
$1,987+
Prices trending up
3+ Beds
$2,219+
Prices trending up
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees
