What is the average apartment size in Melbourne?

The average size for a Melbourne, FL apartment is 953 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.

What is the average rent in Melbourne?

As of Mar / 2026, the average rent in Melbourne is $1,601 per month, a 0.25% increase from last years average of $1,597.

What is the average apartment size in Melbourne?

The typical apartment in Melbourne offers about 953 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Melbourne, FL Rental Market Trends

Q: What's the typical rent budget in Melbourne?

The typical rent budget in Melbourne ranges from $1,501 to $2,000 per month, with 52% of rentals in this range.

Q: Do most people rent or own in Melbourne?

In Melbourne, 40% of households rent while 60% own their homes, based on the latest U.S. Census data.

Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Melbourne is $1,601, a 0.25% increase compared to the previous year, when the average rent was $1,597.

One-bedroom apartments provide 716 square feet for $1,438, balancing privacy and affordability.

Two-beedroom units at $1,642 offer 1,054 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,333 sq ft) for $2,034, suitable for larger households.

Average rent in Melbourne, FL

Last updated: April 22, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,601	953 sq. ft.
Studio	n/a	n/a
1 Bed	$1,438	716 sq. ft.
2 Beds	$1,642	1,054 sq. ft.
3 Beds	$2,034	1,333 sq. ft.

Melbourne, FL rent trends

Rental prices in Melbourne, FL have increased by 0.25% over the past year. The average rent moved from $1,597 to $1,601.

What's the typical rent budget in Melbourne, FL?

The largest share of rentals in Melbourne, FL (52%) 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, FL?

14,287 or 40% of the households in Melbourne, FL are renter-occupied while 21,667 or 60% are owner-occupied.

Average Rent in Melbourne, FL By Neighborhood

Neighborhood	Average Rent
Suntree	$1,918
West Melbourne	$1,723

Melbourne | Rent Comparison by Neighborhood

Rent in Suntree is 11% higher than in West Melbourne

$1,918

Suntree rent is 20% higher than Melbourne average

Average Rent $1,918

$1,723

West Melbourne rent is 8% higher than Melbourne average

Average Rent $1,723

How Melbourne Compares to Other Cities

City	Average Rent
Melbourne	$1,601
Jacksonville	$1,497
Miami	$2,734
Tampa	$2,013
Kissimmee	$1,809
Orlando	$1,788
Fort Myers	$1,714
Cape Coral	$1,689
Miami Beach	$3,403
St. Petersburg	$2,018
Port St. Lucie	$2,136
Palm Bay, FL	$1,542
Fort Pierce, FL	$1,714
Oviedo, FL	$2,192
Saint Cloud, FL	$2,058
Rockledge, FL	$1,761
Vero Beach, FL	$2,099
Winter Park, FL	$1,622
Winter Springs, FL	$1,702
West Melbourne, FL	$1,723
Cocoa, FL	$1,655

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.