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Two Bedroom Apartments under $1,500 for Rent in Melbourne, FL

237 Rentals
  1. Rent Special
    2 BEDS
    $1,295

    Marina Isle

    225 Ligustrum Ln, Merritt Island, FL 32953
  2. Rent Special
    2 BEDS
    $1,295

    Marella Bay

    700 N Courtenay Pky, Merritt Island, FL 32953
Showing 42 of 123 results, Page 1 of 3

Melbourne at a Glance

Average Rent

$1,508
(All bedrooms and property types)
Learn more about
Average Rent in Melbourne
4

School Rating

out of 10 Rating
Learn more about
Schools in Melbourne
0

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Melbourne
49

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Melbourne

Melbourne, FL Apartments for Rent

Located along Florida's Space Coast, Melbourne combines coastal living with city amenities. With temperatures averaging in the mid-70s year-round and miles of Atlantic beaches nearby, this city of over 84,000 residents has grown significantly since its founding in the 1860s. Major employers include L3Harris Technologies, Northrop Grumman, and the Florida Institute of Technology. The city features over 30 parks, including the popular Wickham Park, while the Eau Gallie Arts District and historic downtown area offer local galleries, boutiques, and dining options.

Melbourne's location, approximately 60 miles southeast of Orlando and 175 miles northwest of Miami, makes it ideal for exploring Florida's attractions. Current rental data shows one-bedroom apartments averaging $1,491 monthly. The Melbourne Orlando International Airport provides convenient travel options, while attractions like the Brevard Zoo and Indian River Lagoon offer year-round outdoor recreation. The city's neighborhoods range from waterfront communities to established inland areas, each with its own character and rental opportunities.

Renting in Melbourne

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Melbourne

(For 1 bedroom apartments)

Getting Around Melbourne

Transportation

45

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
49

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
0

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Score

Education

5
Melbourne Senior High School
out of 10 Rating
Public | Grades 9- 12 | 2,249 Students
5
Lyndon B. Johnson Middle School
out of 10 Rating
Public | Grades 7- 8 | 610 Students
2
Stone Magnet Middle School
out of 10 Rating
Public | Grades 7- 8 | 670 Students
School data provided by Great Schools
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