Average Rent in 32901, Melbourne, FL

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Current Versus Historical 32901, Melbourne, FL Rents

32901 rentals average $900 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,775, or roughly $20 per square feet.

For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have decreased by $50 (-5.26%) year-over-year from $950 to $900. 1-bedroom rentals prices have increased by $113 (9.68%) year-over-year from $1,163 to $1,275. 2-bedroom rentals prices have increased by $100 (6.40%) year-over-year from $1,563 to $1,663. 3-bedroom rentals prices have decreased by $123 (-5.83%) year-over-year from $2,100 to $1,978. 4-bedroom rentals prices have decreased by $292 (-10.64%) year-over-year from $2,742 to $2,450. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 22.30% this month. 1-bedroom rents have gone down by 0.91% this month. 2-bedroom rents have gone down by 6.99% this month. 3-bedroom rents have gone up by 0.94% this month. 4-bedroom rents have gone up by 1.45% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$50.00	$900	$950 (-5.26%)	$1,284 (-29.88%)
1 BR	$24.77	$1,275	$1,163 (9.68%)	$1,125 (13.37%)
2 BR	$20.00	$1,663	$1,563 (6.40%)	$1,683 (-1.24%)
3 BR	$18.54	$1,978	$2,100 (-5.83%)	$2,165 (-8.66%)
4+ BR	$15.69	$2,450	$2,742 (-10.64%)	$2,300 (6.52%)

Historical Rents in 32901, Melbourne, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 32901

There are a total of 6 cities nearby 32901. The average rent in 32901 is currently $2,075 per month. Our records show that Melbourne, FL, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 32901, Melbourne, FL is Cocoa Beach, FL. Monthly rents here are on average $2,500 per month.

Let's compare 32901, Melbourne, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 32901, Melbourne, FL is 38.89% more expensive than other cities nearby. One bedrooms are about 3.22% more affordable. Two bedrooms in 32901, Melbourne, FL are about 1.88% more affordable. Finally, rent for three bedrooms are about 11.25% more affordable. Want more information? Check out the top 6 cities near 32901, Melbourne, FL in the following table.

City	Studio	1 Bed	2 Bed	All
Melbourne, FL	$1,300	$1,275	$1,725	$1,900
Rockledge, FL	N/A	$1,290	$1,663	$1,950
Palm Bay, FL	$1,100	$1,250	$1,550	$2,050
West Melbourne, FL	N/A	$1,400	$1,738	$2,100
Merritt Island, FL	N/A	$1,343	$1,600	$2,238
Cocoa Beach, FL	$1,400	$1,975	$2,500	$2,500

Top Neighborhoods Near 32901

There are a total of 1 neighborhoods in or near 32901. One neighborhood in the area is Port Malabar Country Club. We've included all of these top 1 neighborhoods in or near 32901, Melbourne, FL in the following table.

The average rent for these 1 neighborhoods in or near 32901, Melbourne, FL is currently around $1,725 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than 32901's average rent, which is actually $1,775. Out of all the neighborhoods in or near 32901, Port Malabar Country Club has the most affordable average rent at $1,725 per month. Whereas, at $1,725 average rent per month, Port Malabar Country Club is the most expensive neighborhood in or near 32901. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Port Malabar Country Club, Palm Bay, FL	N/A	$1,300	$1,500	$1,725

Top Counties Near 32901

There are a total of 7 counties located by 32901, Melbourne, FL. Some of these counties include Melbourne, FL, Cocoa-Rockledge, FL, and Palm Bay, FL. The average rent for rentals in these counties is $2,400. That's roughly around $20 per sqft. The county that is the most affordable is Melbourne, FL. Its average rent per month is $1,950. Vice versa, with an average rent of $3,000, Melbourne Shores-Floridana Beach, FL is the most expensive county by 32901, Melbourne, FL.

Typically, rent for studios in 32901, Melbourne, FL is 27.78% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 32901, Melbourne, FL is 5.29% more affordable than other counties nearby. Finally, rent for two bedrooms in 32901, Melbourne, FL is 2.26% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Melbourne, FL	$1,300	$1,295	$1,700	$1,950
Cocoa-Rockledge, FL	$1,150	$1,349	$1,650	$2,000
Palm Bay, FL	$1,100	$1,250	$1,550	$2,050
Cocoa Beach-Cape Canaveral, FL	$1,150	$1,650	$2,300	$2,400
Merritt Island, FL	N/A	$1,343	$1,600	$2,450
Indialantic-Melbourne Beach, FL	$1,600	$1,650	$2,225	$2,700
Melbourne Shores-Floridana Beach, FL	N/A	N/A	$2,300	$3,000

Top Zipcodes Near 32901

There are a total of 6 zipcodes in or near 32901, Melbourne, FL. The average rent for all of these zipcodes is $2,162. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32905, Palm Bay, FL at $1,700 per month. In comparison, the zipcode with the most expensive average rent of $2,650 per month is 32940, Viera West, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 32901, Melbourne, FL is $1,400 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,700 per month. Which comes out to $20 per sqft. The following table includes the top 6 zipcodes in 32901, Melbourne, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32905, Palm Bay, FL	N/A	$1,275	$1,550	$1,700
32937, Indian Harbour Beach, FL	N/A	$1,450	$2,125	$2,650
32935, Melbourne, FL	$1,300	$1,275	$1,700	$1,800
32904, June Park, FL	N/A	$1,500	$1,700	$2,150
32940, Viera West, FL	N/A	$1,450	$1,900	$2,650
32955, Rockledge, FL	N/A	$1,349	$1,675	$2,175

Frequently Asked Questions - 32901 Average Rents

What is the average rent price in 32901, Melbourne, FL?

The average monthly rental price for 32901, Melbourne, FL apartments for rent is approximately $1,775. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 32901, Melbourne, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 32901, Melbourne, FL.

How much is a studio apartment in 32901, Melbourne, FL?

The average monthly rental price for studio apartments is $900 and an average price per square feet of $50.00. There are a total of 3 studio apartment listings currently available for rent in 32901.

How much is a one bedroom apartment in 32901, Melbourne, FL?

The average monthly rental price for one bedroom apartments is $1,275 and an average price per square feet of $24.77. There are a total of 15 one bedroom apartment listings currently available for rent in 32901.

How much is a two bedroom apartment in 32901, Melbourne, FL?

The average monthly rental price for two bedroom apartments is $1,663 and an average price per square feet of $20.00. There are a total of 16 two bedroom apartment listings currently available for rent in 32901.

How have rent prices in 32901, Melbourne, FL changed this year?

Rent prices for rentals in 32901, Melbourne, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by -0.06% year-over-year.

What is a reasonable rent price in 32901, Melbourne, FL?

A reasonable rent price in 32901, Melbourne, FL is around $1,420/month. You can search for these reasonably priced rental listings on RentHop.