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Studio Apartments for Rent in Melbourne, FL

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  • /52

    Starting at $1,125 Per Month

    • Studio

    4455 W New Haven Ave, Melbourne, FL 32904

    Brand new studio apartment homes in Melbourne, Florida.

    The Teale New Haven

    4455 W New Haven Ave, Melbourne, FL 32904
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    Starting at $1,312

    Total Monthly Price

    • Studio - 3 Beds

    333 Lake In the Woods Dr, Melbourne, FL 32901

    Embrace luxury apartment living in Melbourne, FL at Lake in the Woods Apartments, where a peaceful, resort-inspired setting meets modern comfort. Our pet-friendly apartments feature stylish finishes, vinyl plank flooring, vaulted ceilings, designer lighting, and private lake or wooded views, creating a calm retreat you'll love coming home to. Enjoy high-end community amenities including a

    Lake in the Woods Apartments

    333 Lake In the Woods Dr, Melbourne, FL 32901
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    Starting at $1,296 Per Month

    • Studio - 3 Beds

    1115 W Hibiscus Blvd, Melbourne, FL 32901

    Springs at Hibiscus Crossing is a gated, garden-style apartment community in West Melbourne, Florida, near Melbourne, L3Harris, and Health First. Residents enjoy private entry living with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Springs at Hibiscus Crossing offers studio, one, two, and three bedroom floor plans. Pricing varies by floor plan, lease

    Springs at Hibiscus Crossing

    1115 W Hibiscus Blvd, Melbourne, FL 32901
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    Starting at $1,125 Per Month

    • Studio - 3 Beds

    2664 Pineapple Ave, Melbourne, FL 32935

    Rocky Water Park

    2664 Pineapple Ave, Melbourne, FL 32935
  • /50

    Starting at $1,620 Per Month

    • Studio - 2 Beds

    2992 Rodina Dr, Melbourne, FL 32940

    Welcome to Luna at Viera-where modern style meets elevated living. Our pet-friendly studio, one-, and two-bedroom apartments feature open layouts with quartz countertops, shaker-style cabinets, stainless steel appliances, and keyless entry. Enjoy resort-style amenities like a saltwater pool, rooftop sky lounge with wine lockers, and the Club Pub. Located near Squid Lips and the Eau Gallie Arts

    Luna at Viera

    2992 Rodina Dr, Melbourne, FL 32940
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    $1,679 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Melbourne - West Melbourne

    4650 W New Haven Ave, Melbourne, FL 32904

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Melbourne - West Melbourne

    4650 W New Haven Ave, Melbourne, FL 32904
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    $1,919 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Melbourne - I-95

    2265 Coastal Ln, Melbourne, FL 32904

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Melbourne - I-95

    2265 Coastal Ln, Melbourne, FL 32904
  • /35

    $2,009 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Melbourne - Airport

    1701 Evans Rd, Melbourne, FL 32904

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Melbourne - Airport

    1701 Evans Rd, Melbourne, FL 32904
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    $900 Per Month

    • Studio
    • 1 Bath
    • 350 Sq Ft
    • Condo for Rent

    1629 Elizabeth St Unit 4A, Melbourne, FL 32901

    Upgraded Studios are Now Available, with newly installed kitchens! Located in the heart of Melbourne close to all of your shopping, restaurants, downtown and a short drive to the beach. The community offers onsite laundry and a pool for your enjoyment!Schedule your showing online today! * 1 pet under 40lbs allowed**$295 administrative fee due at move in**Renters Insurance

    1629 Elizabeth St Unit 4A, Melbourne, FL 32901

Why Live in Melbourne

Downtown Melbourne buzzes with art galleries, boutiques, and historic buildings, while the Eau Gallie Arts District showcases vibrant murals and hosts monthly art walks. The Indian River Lagoon provides prime spots for kayaking alongside manatees and dolphins, and Melbourne Beach delivers pristine Atlantic shorelines perfect for surfing and swimming. The Brevard Zoo creates interactive wildlife experiences through kayaking tours and animal encounters, while Sebastian Inlet State Park combines camping, fishing, and rocket launch viewing. Cultural attractions include Broadway shows at the King Center for the Performing Arts and Victorian-era exhibits at the Rossetter House Museum & Gardens.

The Melbourne housing market features diverse options across distinct neighborhoods. The median sale price in Melbourne is $375,000, with single-family homes in Downtown Melbourne commanding a median price of $420,000. Suntree's single-family homes reach a median of $560,000, while Paradise Beach homes command a median of $727,500. Condominiums present more affordable options, with one-bedroom units at a median of $147,000 and two-bedroom units at $179,000. Townhomes settle at a median price of $325,000.

Melbourne's tax structure includes a 0.7% effective property tax rate in Brevard County, matching neighboring cities Palm Bay, Rockledge, and Cocoa. Florida residents benefit from no state income tax, while paying a 6.95% combined sales tax rate.

The education system features several A-rated schools, including West Shore Junior/Senior High School and Viera Elementary School. Private education options include Holy Trinity Episcopal Academy and Florida Preparatory Academy, both rated A-plus. The Florida Institute of Technology adds higher education opportunities to the community. The Space Coast Area Transit system connects residents throughout Brevard County, with Melbourne International Airport providing commercial flights to major cities.

Frequently Asked Questions

How much does it cost to rent a home in Melbourne, FL?
The median rent for a home in Melbourne, FL is $2,044 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Melbourne, FL?
To comfortably afford the median rent in Melbourne, FL, a household needs to earn roughly $81,760 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,044 per month in Melbourne, FL, renters typically need to show $6,132 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Melbourne, FL?
In Melbourne, FL, the price-to-rent ratio is 16.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$2,044
Median Single Family Home Rent
$2,300
Median Townhouse Rent
$2,100
Median Condo Rent
$1,500
How to Rent a Home