Average Rent in Melbourne, FL
9 apartment buildings, 141 units. Daily asking prices with rent history for every building.
Avg Rent
$2,046/mo
median $2,071
market average
Cheapest
$1,199/mo
Topaz Village Apartments & Townhomes
Properties
9
tracked daily
Units
141
available now
Melbourne, FL Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 9 properties in Melbourne, FL.
Average rent trend
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Melbourne, FL Rent Prices
All 9 properties ranked by lowest available rent.
Topaz Village Apartments & Townhomes
150 E University Blvd Apt #G-10, Melbourne, FL 32901, USA
Hickory Pointe Apartments
2700 Carlson Cir, Melbourne, FL 32901, USA
Manatee Cove Apartments
746 Madelyn Way, Melbourne, FL 32901, USA
Legacy At Hibiscus Park
1450 Tradition Cir, Melbourne, FL 32901, USA
Madison Midtown
1023 Gull Lane, Melbourne, FL 32901, USA
Addison Pointe Apartment Homes
3515 Delaney Dr, Melbourne, FL 32934, USA
Mode at Melbourne
145 Cinnamon Cove Dr, Melbourne, FL 32901, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Topaz Village Apartments & Townhomes 150 E University Blvd Apt #G-10, Melbourne, FL 32901, USA | $1,199 | $1,374 | $1.92/ft² | 4.2 (102) | 4 |
| 2 | Hickory Pointe Apartments 2700 Carlson Cir, Melbourne, FL 32901, USA | $1,242 | $1,242 | $1.23/ft² | 4.5 (171) | 5 |
| 3 | Manatee Cove Apartments 746 Madelyn Way, Melbourne, FL 32901, USA | $1,266 | $1,365 | $1.27/ft² | 3.1 (142) | 2 |
| 4 | Legacy At Hibiscus Park 1450 Tradition Cir, Melbourne, FL 32901, USA | $1,499 | $2,545 | $2.16/ft² | 4.5 (215) | 12 |
| 5 | Madison Midtown 1023 Gull Lane, Melbourne, FL 32901, USA | $1,603 | $1,958 | $1.97/ft² | 4.8 (39) | 59 |
| 6 | Addison Pointe Apartment Homes 3515 Delaney Dr, Melbourne, FL 32934, USA | $1,740 | $2,149 | $2.02/ft² | 4.7 (290) | 19 |
| 7 | Mode at Melbourne 145 Cinnamon Cove Dr, Melbourne, FL 32901, USA | $1,790 | $1,893 | $1.06/ft² | 4.8 (128) | 2 |
Rent & Price History by Building
Topaz Village Apartments & Townhomes
4.2 (102)150 E University Blvd Apt #G-10, Melbourne, FL 32901, USA
Hickory Pointe Apartments
4.5 (171)2700 Carlson Cir, Melbourne, FL 32901, USA
Manatee Cove Apartments
3.1 (142)746 Madelyn Way, Melbourne, FL 32901, USA
Legacy At Hibiscus Park
4.5 (215)1450 Tradition Cir, Melbourne, FL 32901, USA
Madison Midtown
4.8 (39)1023 Gull Lane, Melbourne, FL 32901, USA
Addison Pointe Apartment Homes
4.7 (290)3515 Delaney Dr, Melbourne, FL 32934, USA
By Area
Melbourne, FL neighborhoods
Tracked buildings across 2 named neighborhoods. Pick one to see its apartments.
Melbourne, FL Average Rent Prices 2026
The average rent in Melbourne, FL is $2,046 per month, based on 141 units across 9 apartment communities. Prices range from $1,199 at Topaz Village Apartments & Townhomes to $4,561 at Legacy At Hibiscus Park.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,869/mo | $1,199/mo | 58 |
| 2 Bed | $2,119/mo | $1,242/mo | 73 |
| 3 Bed | $2,540/mo | $1,464/mo | 10 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Melbourne, FL, and what they pay
Tracked one-bedroom rent in Melbourne, FL averages $1,869/mo, with two-bedroom units averaging $2,119/mo. At the local median household income of $64,504, that works out to 38% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Melbourne, FL at $1,411/mo. The current tracked market average runs 45% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Melbourne, FL while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Melbourne, FL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$82,000/year
Based on the 30 percent rule, using our tracked average rent of $2,046/mo.
Comfortable income
$98,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,199/mo), you need to earn at least $48,000/year.
Median household income in Melbourne, FL is $64,504 , about 34% below the comfortable-living threshold.
Cost of living in Melbourne, FL
Overall prices in Melbourne, FL runs above the national average by about 1% (BEA Regional Price Parity index 101.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Melbourne, FL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,046 |
| Utilities | $512 |
| Groceries | $520 |
| Transportation | $1,220 |
| Healthcare | $595 |
| Other goods and services | $952 |
| Estimated total | $5,845/mo |
Population
85,718
Median household income
$64,504
Census median rent
$1,411/mo
Census rent burden
32.3%
Median age
42.3
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Florida
How Melbourne, FL rent compares to other markets in the state.
| City | Avg Rent | vs Melbourne, FL | 30-Day Change | Properties |
|---|---|---|---|---|
| Miami, FL | $3,139 | +53% | +0.4% | 36 |
| Tampa, FL | $2,791 | +36% | +1.7% | 27 |
| Orlando, FL | $1,941 | -5% | -1.8% | 26 |
| Jacksonville, FL | $1,752 | -14% | +3.2% | 20 |
| Apopka, FL | $1,845 | -10% | +1.8% | 19 |
| Bradenton, FL | $1,668 | -18% | -0.4% | 17 |
Frequently asked questions
What is the average rent in Melbourne, FL?
The average rent in Melbourne, FL is $2,046 per month, based on 141 units across 9 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Melbourne, FL?
The median asking rent in Melbourne, FL is $2,071 per month, computed from 141 live listed units and refreshed daily. The average is $2,046/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Melbourne, FL?
The lowest available rent in Melbourne, FL starts at $1,199 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Melbourne, FL?
1-bedroom apartments in Melbourne, FL average $1,869/mo. The lowest listed 1-bedroom starts at $1,199/mo across 58 units tracked.
How much is a 2-bedroom apartment in Melbourne, FL?
2-bedroom apartments in Melbourne, FL average $2,119/mo. Units start from $1,242/mo across 73 units currently listed.
Rent Trends in Melbourne, FL
Track how apartment prices are changing over time.
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