Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
West Melbourne, FL Rental Market Trends
What is the average rent in West Melbourne?
The average rent for an apartment in West Melbourne is $1,687. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in West Melbourne, FL
Last updated January 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,687 | 1,061 sq. ft. |
What is the average apartment size in West Melbourne?
The average size for a West Melbourne, FL apartment is 1,061 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.
West Melbourne, FL Apartment Rent Ranges
West Melbourne, FL Occupied Housing Units
3,170 or 38% of the households in West Melbourne, FL are renter-occupied while 4,964 or 61% are owner-occupied.
West Melbourne, FL Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Jan / 2022 |
|---|---|---|---|---|---|---|---|---|---|
| West Melbourne, FL | $1,273 | $1,333 | $1,327 | $1,307 | $1,345 | $1,343 | $1,336 | $1,359 | $1,687 |
| National | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
How West Melbourne Compares to Other Cities
| City | Average Rent |
|---|---|
| Jacksonville | $1,411 |
| Cape Coral | $1,691 |
| Kissimmee | $1,576 |
| Orlando | $1,733 |
| Tampa | $1,762 |
| Palm Bay | $1,331 |
| Poinciana | $1,501 |
| Sanford | $1,465 |
| Davenport | $1,755 |
| Pine Hills | $1,341 |
| West Melbourne | $1,687 |
Most Popular Apartments in West Melbourne
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all West Melbourne apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.