Average Rent in Melbourne, FL
What is the average rent in Melbourne, FL?
The average listed apartment rent in Melbourne, FL is $1,903 per month, as of November 8, 2026. This sample includes 123 priced apartments in 10 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 6, 2026 through November 8, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
10 apartment buildings, 123 units. Recorded asking prices and price history where available.
Browse apartments in Melbourne, FLCheapest
$1,038/mo
Hickory Pointe Apartments
Properties
10
tracked daily
Units
123
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 10 properties in Melbourne, FL.
Average rent trend, last 2 months
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 10 properties ranked by lowest available rent.
Hickory Pointe Apartments
2700 Carlson Cir, Melbourne, FL 32901, USA
Topaz Village Apartments & Townhomes
150 E University Blvd Apt #G-10, Melbourne, FL 32901, USA
Princeton Parc Apartments
4714 Crosswind Ct, Melbourne, FL 32904, USA
Manatee Cove Apartments
746 Madelyn Way, Melbourne, FL 32901, USA
Springs at Hibiscus Crossing Apartments
1115 W Hibiscus Blvd, Melbourne, FL 32901, USA
Legacy At Hibiscus Park
1450 Tradition Cir, Melbourne, FL 32901, USA
Madison Midtown
1023 Gull Lane, Melbourne, FL 32901, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Hickory Pointe Apartments 2700 Carlson Cir, Melbourne, FL 32901, USA | $1,038 | $1,191 | $1.26/ft² | 4.5 (171) | 4 |
| 2 | Topaz Village Apartments & Townhomes 150 E University Blvd Apt #G-10, Melbourne, FL 32901, USA | $1,125 | $1,248 | $1.76/ft² | 4.2 (102) | 3 |
| 3 | Princeton Parc Apartments 4714 Crosswind Ct, Melbourne, FL 32904, USA | $1,255 | $1,255 | $2.51/ft² | 4.3 (183) | 1 |
| 4 | Manatee Cove Apartments 746 Madelyn Way, Melbourne, FL 32901, USA | $1,266 | $1,323 | $1.30/ft² | 3.1 (142) | 7 |
| 5 | Springs at Hibiscus Crossing Apartments 1115 W Hibiscus Blvd, Melbourne, FL 32901, USA | $1,371 | $1,682 | $1.75/ft² | 4 (190) | 13 |
| 6 | Legacy At Hibiscus Park 1450 Tradition Cir, Melbourne, FL 32901, USA | $1,556 | $1,556 | $1.79/ft² | 4.5 (215) | 1 |
| 7 | Madison Midtown 1023 Gull Lane, Melbourne, FL 32901, USA | $1,592 | $1,983 | $1.91/ft² | 4.8 (39) | 43 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Hickory Pointe Apartments
4.5 (171)2700 Carlson Cir, Melbourne, FL 32901, USA
Topaz Village Apartments & Townhomes
4.2 (102)150 E University Blvd Apt #G-10, Melbourne, FL 32901, USA
Princeton Parc Apartments
4.3 (183)4714 Crosswind Ct, Melbourne, FL 32904, USA
Manatee Cove Apartments
3.1 (142)746 Madelyn Way, Melbourne, FL 32901, USA
Springs at Hibiscus Crossing Apartments
4 (190)1115 W Hibiscus Blvd, Melbourne, FL 32901, USA
Legacy At Hibiscus Park
4.5 (215)1450 Tradition Cir, Melbourne, FL 32901, USA
By Area
Melbourne, FL neighborhoods
Tracked buildings across 3 named neighborhoods. Pick one to see its apartments.
Melbourne, FL Average Rent Prices 2026
The average listed rent in Melbourne, FL is $1,903 per month, based on 123 units across 10 apartment communities. Prices range from $1,038 at Hickory Pointe Apartments to $2,530 at Parasol Melbourne.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,371/mo | $1,371/mo | 1 |
| 1 Bed | $1,818/mo | $1,038/mo | 50 |
| 2 Bed | $1,995/mo | $1,242/mo | 57 |
| 3 Bed | $1,873/mo | $1,255/mo | 15 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Melbourne, FL, and what they pay
Tracked one-bedroom rent in Melbourne, FL averages $1,818/mo , with two-bedroom units averaging $1,995/mo. At the local median household income of $64,504, that works out to 35% 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 35% 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
$76,000/year
Based on the 30 percent rule, using our tracked average rent of $1,903/mo.
Comfortable income
$91,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,038/mo), you need to earn at least $42,000/year.
Median household income in Melbourne, FL is $64,504 , about 29% 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) | $1,903 |
| Utilities | $512 |
| Groceries | $520 |
| Transportation | $1,220 |
| Healthcare | $595 |
| Other goods and services | $952 |
| Estimated total | $5,702/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
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
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
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
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 | $3,055 | +61% | +7% | 41 |
| Gainesville, FL | $1,481 | -22% | -13.1% | 40 |
| Tampa, FL | $2,666 | +40% | +1.3% | 28 |
| Boca Raton, FL | $2,721 | +43% | -5.7% | 24 |
| Jacksonville, FL | $1,788 | -6% | +4.2% | 24 |
| Orlando, FL | $2,083 | +9% | +1.5% | 24 |
Frequently asked questions
What is the average rent in Melbourne, FL?
The average listed apartment rent in Melbourne, FL is $1,903 per month, as of November 8, 2026. This sample includes 123 priced apartments in 10 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Melbourne, FL?
The median asking rent in Melbourne, FL is $1,995 per month, computed from 123 priced listings; check the observation dates shown on this page. The average is $1,903/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 $1,038 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Melbourne, FL?
1-bedroom apartments in Melbourne, FL average $1,818/mo. The lowest listed 1-bedroom starts at $1,038/mo across 50 units tracked.
How much is a 2-bedroom apartment in Melbourne, FL?
2-bedroom apartments in Melbourne, FL average $1,995/mo. Units start from $1,242/mo across 57 units currently listed.
Rent Trends in Melbourne, FL
Track how apartment prices are changing over time.
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