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Cheap Apartments for Rent in Melbourne, FL

Cheap Apartments for Rent in Melbourne, FL. 41 Rentals Available
41 Rentals Available
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Apartments Under $1,200 Apartments Under $1,400

Apartments Under $1,200

  • Rent specials New units available
    Ask for pricing
    Verified Listing

    4.5 (7)
    248 East University Blvd. - Office, Melbourne, FL 32901
    Apply online • Pet friendly
  • Rent specials New units available
    1 bd $1,150+
    2 bd $1,350+
    3 bd $1,805+
    Base rent Income restricted
    Verified Listing

    4.0 (18)
    310 Fitness Circle, Melbourne, FL 32901
    Apply online • Pet friendly
  • Rent specials 9 units available
    1 bd $1,179+
    2 bd $1,345+
    Base rent
    Verified Listing

    4.0 (63)
    3320 Rivercrest Drive, Melbourne, FL 32935
    Apply online • Pet friendly

Apartments Under $1,400

  • Rent specials New units available
    1 bd $1,225
    Base rent
    Verified Listing

    4.5 (1)
    1135 N Wickham Rd, Melbourne, FL 32935
    Apply online • Pet friendly
  • New units available Only 2 units left
    2 bd $1,350
    Base rent Income restricted
    Verified Listing

    4.0 (15)
    2309 S. Babcock Street, Melbourne, FL 32901
    Apply online
5-0-city

Frequently asked questions

What is the price of a cheap apartment in Melbourne, FL?

The price range of a cheap apartment is between $1,150 and $2,026.

How many cheap rentals are available in Melbourne, FL on RentCafe?

There are 33 cheap rentals available on RentCafe. Prices and availability in Melbourne, FL were last updated on 16 May 2026.

What is the average size of a cheap apartment in Melbourne, FL?

The average Melbourne, FL cheap apartment size is 767 sq. ft.

What are the advantages of renting a cheap apartment in Melbourne, FL?

Cheap apartments in Melbourne, FL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Melbourne, FL?

A cheap apartment in Melbourne, FL offers little storage space and fewer amenities compared to other apartments.