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Cheap Apartments for Rent in Melbourne, FL


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  • Apartments Under $1,200

  • Rent specials 9 units available
    1 bd $1,075
    2 bd $1,275+
    3 bd $1,750
    Base rent Income restricted
    Verified Listing

    Windover Palms

    4.0 (18)
    310 Fitness Circle, Melbourne, FL 32901
    Apply online • Pet friendly • Fitness center
  • Rent specials
    Ask for pricing
    Verified Listing

    Meadowdale Apartments

    4.5 (7)
    248 East University Blvd. - Office, Melbourne, FL 32901
    Apply online • Pet friendly • Patio/Balcony
  • Rent specials 6 units available
    1 bd $1,152+
    2 bd $1,379+
    Base rent
    Verified Listing

    Rivercrest Racquet

    4.0 (63)
    3320 Rivercrest Drive, Melbourne, FL 32935
    Apply online • Pet friendly • Fitness center
  • Apartments Under $1,400

  • Rent specials Only 3 units left
    1 bd $1,225
    Base rent
    Verified Listing

    Eleven35 Apartments

    4.5 (1)
    1135 N Wickham Rd, Melbourne, FL 32935
    Apply online • Pet friendly • In unit laundry
  • Only 1 unit left
    2 bd $1,350
    Base rent Income restricted
    4.0 (15)
    2309 S. Babcock Street, Melbourne, FL 32901
    Apply online • In unit laundry • Large Closets
  • 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 $1,075 and $2,678.

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

There are 20 cheap rentals available on RentCafe. Prices and availability in Melbourne, FL were last updated on 25 Aug 2026.

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

The average Melbourne, FL cheap apartment size is 774 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.