Melbourne, Brevard County, FL Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Melbourne is $1,677, a 0.21% decrease compared to the previous year, when the average rent was $1,681.
Studio Apartments at $1,425 offer the most budget-friendly option with 570 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 737 square feet for $1,509, balancing privacy and affordability.
Two-beedroom units at $1,713 offer 1,069 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,330 sq ft) for $2,076, suitable for larger households.
Average rent in Melbourne, Brevard County, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,677 | 978 sq. ft. |
| Studio | $1,425 | 570 sq. ft. |
| 1 Bed | $1,509 | 737 sq. ft. |
| 2 Beds | $1,713 | 1,069 sq. ft. |
| 3 Beds | $2,076 | 1,330 sq. ft. |
Melbourne, Brevard County, FL rent trends
Rental prices in Melbourne, Brevard County, FL have decreased by 0.21% over the past year. The average rent moved from $1,681 to $1,677.
What's the typical rent budget in Melbourne, Brevard County, FL?
The largest share of rentals in Melbourne, Brevard County, FL (62%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Melbourne, Brevard County, FL?
13,924 or 33% of the households in Melbourne, Brevard County, FL are renter-occupied while 28,017 or 67% are owner-occupied.
Most affordable neighborhoods in Melbourne?
Melbourne $1,628/month
West Melbourne $1,744/month
Suntree $1,901/month
All of these neighborhoods fall below the city wide average of $1,677/month.Average Rent in Melbourne, Brevard County, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Suntree | $1,901 |
| West Melbourne | $1,744 |
| Melbourne | $1,628 |
Melbourne | Rent Comparison by Neighborhood
Rent in Melbourne is 14% lower than in Suntree
Melbourne rent is 3% lower than Melbourne average
Suntree rent is 13% higher than Melbourne average
How Melbourne Compares to Other Cities
| City | Average Rent |
|---|---|
| Melbourne | $1,677 |
| Miami | $2,721 |
| Jacksonville | $1,495 |
| Tampa | $2,009 |
| Kissimmee | $1,821 |
| Fort Myers | $1,758 |
| Orlando | $1,802 |
| Cape Coral | $1,705 |
| Fort Lauderdale | $2,727 |
| St. Petersburg | $2,028 |
| West Palm Beach | $2,407 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Melbourne apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.