Melbourne, Brevard County, FL Rental Market Trends
What is the average rent in Melbourne?
The average rent for an apartment in Melbourne is $1,712. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Melbourne, Brevard County, FL
Last updated July 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,712 | 950 sq. ft. |
What is the average apartment size in Melbourne?
The average size for a Melbourne, Brevard County, FL apartment is 950 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Melbourne, Brevard County, FL apartment rent ranges
Melbourne, Brevard County, FL Occupied Housing Units
13,449 or 33% of the households in Melbourne, Brevard County, FL are renter-occupied while 27,602 or 67% are owner-occupied.
Melbourne, Brevard County, FL rent trends
Average Rent in Melbourne, Brevard County, FL By Neighborhood
| City | Average Rent |
|---|---|
| Suntree | $2,009 |
| June Park | $1,778 |
| Melbourne Village | $1,778 |
| West Melbourne | $1,778 |
| Palm Shores | $1,735 |
| Melbourne | $1,560 |
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What are the most affordable neighborhoods in Melbourne?
The most affordable neighborhoods in Melbourne are Melbourne, where the average rent goes for $1,560/month, Palm Shores, where renters pay $1,735/mo on average, and June Park, where the average rent goes for $1,778/mo.
What are the most expensive neighborhoods in Melbourne?
The most expensive neighborhoods in Melbourne are Melbourne Village ($1,778), West Melbourne ($1,778) and Suntree ($2,009).
What are the most popular neighborhoods in Melbourne?
The most popular neighborhood in Melbourne is Melbourne, where there are 21 listings with an average rent of $1,560. Next up is West Melbourne, where apartments go for $1,778/month, followed by Suntree with $2,009 If you’re looking to rent in Melbourne’s most popular neighborhoods, make sure to also check out June Park, where renters pay $1,778 on average, and Melbourne Village, where the average monthly rent is $1,778.
Melbourne | Rent Comparison by Neighborhood
Rent in June Park is 14% higher than in Melbourne
$1,778
June Park rent is 4% higher than Melbourne average
Average Rent
$1,778
$1,560
Melbourne rent is 9% lower than Melbourne average
Average Rent
$1,560
How Melbourne Compares to Other Cities
| State | Average Rent |
|---|---|
| Jacksonville | $1,498 |
| Miami | $2,570 |
| Tampa | $1,931 |
| Kissimmee | $1,803 |
| Orlando | $1,915 |
| Lakeland | $1,518 |
| Fort Myers | $1,919 |
| Gainesville | $1,705 |
| Fort Lauderdale | $2,705 |
| Cape Coral | $1,960 |
| Melbourne | $1,712 |
Most Popular Apartments in Melbourne
Lakeside Glen Apartments
7670 Greenboro Drive, Melbourne, FL 32904| 1 BED | $1,330+ |
| 2 BEDS | $1,350+ |
| 3 BEDS | $2,035+ |
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Trillium
4315 S. Babcock St., Melbourne, FL 32901| 1 BED | $1,607+ |
| 2 BEDS | $1,949+ |
| 3 BEDS | $2,054+ |