Average Rent in West Melbourne, FL

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Current Versus Historical West Melbourne, FL Rents

West Melbourne rentals average $1,400 for a 1-bedroom rental to $2,550 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $17 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $488 (-31.75%) year-over-year from $1,538 to $1,050. 1-bedroom rentals prices have increased by $8 (0.54%) year-over-year from $1,393 to $1,400. 2-bedroom rentals prices have increased by $163 (10.32%) year-over-year from $1,575 to $1,738. 3-bedroom rentals prices have increased by $50 (2.22%) year-over-year from $2,250 to $2,300. 4-bedroom rentals prices have decreased by $174 (-6.39%) year-over-year from $2,724 to $2,550. 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 0.00% this month. 1-bedroom rents have gone down by 15.31% this month. 2-bedroom rents have gone down by 9.51% this month. 3-bedroom rents have gone down by 4.49% this month. 4-bedroom rents have gone down by 1.61% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $20.45 $1,400 $1,393 (0.54%) $1,275 (9.80%)
2 BR $16.75 $1,738 $1,575 (10.32%) $1,832 (-5.14%)
3 BR $15.79 $2,300 $2,250 (2.22%) $2,433 (-5.48%)
4+ BR $14.83 $2,550 $2,724 (-6.39%) $2,765 (-7.78%)

Historical Rents in West Melbourne, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near West Melbourne

There are a total of 2 cities nearby West Melbourne. The average rent in West Melbourne is currently $1,975 per month. A total of 2 cities nearby have an average rent lower than that. 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 West Melbourne, FL is Palm Bay, FL. Monthly rents here are on average $2,050 per month.

Let's compare West Melbourne, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 9.82% more expensive. Two bedrooms in West Melbourne, FL are about 5.76% more expensive. Finally, rent for three bedrooms are about 10.87% more expensive. Want more information? Check out the top 2 cities near West Melbourne, FL in the following table.
City Studio 1 Bed 2 Bed All
Melbourne, FL $1,300 $1,275 $1,725 $1,900
Palm Bay, FL $1,100 $1,250 $1,550 $2,050

Top Neighborhoods Near West Melbourne

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

The average rent for these 1 neighborhoods in or near West 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 West Melbourne's average rent, which is actually $2,100. Out of all the neighborhoods in or near West Melbourne, 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 West Melbourne. 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 West Melbourne

There are a total of 3 counties located by West Melbourne, FL. Some of these counties include Melbourne, FL, Palm Bay, FL, and Indialantic-Melbourne Beach, FL. The average rent for rentals in these counties is $2,050. That's roughly around $19 per sqft. A total of 2 counties have a lower average rent. 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 $2,700, Indialantic-Melbourne Beach, FL is the most expensive county by West Melbourne, FL.

In comparison, rent for one bedroom listings in West Melbourne, FL is 7.50% more expensive than other counties nearby. Finally, rent for two bedrooms in West Melbourne, FL is 2.16% more expensive 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
Palm Bay, FL $1,100 $1,250 $1,550 $2,050
Indialantic-Melbourne Beach, FL $1,600 $1,650 $2,225 $2,700

Top Zipcodes Near West Melbourne

There are a total of 5 zipcodes in or near West Melbourne, FL. The average rent for all of these zipcodes is $1,800. A total of 3 zipcodes have 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 32937, Indian Harbour Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near West Melbourne, FL is $1,275 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 5 zipcodes in West 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
32904, June Park, FL N/A $1,500 $1,700 $2,150
32901, Melbourne, FL $900 $1,275 $1,663 $1,775
32937, Indian Harbour Beach, FL N/A $1,450 $2,125 $2,650
32935, Melbourne, FL $1,300 $1,275 $1,700 $1,800

Frequently Asked Questions - West Melbourne Average Rents

What is the average rent price in West Melbourne, FL?
The average monthly rental price for West Melbourne, FL apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do West 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 West Melbourne, FL.
How much is a one bedroom apartment in West Melbourne, FL?
The average monthly rental price for one bedroom apartments is $1,400 and an average price per square feet of $20.45. There are a total of 7 one bedroom apartment listings currently available for rent in West Melbourne.
How much is a two bedroom apartment in West Melbourne, FL?
The average monthly rental price for two bedroom apartments is $1,738 and an average price per square feet of $16.75. There are a total of 12 two bedroom apartment listings currently available for rent in West Melbourne.
How have rent prices in West Melbourne, FL changed this year?
Rent prices for rentals in West Melbourne, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.32%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.10%, three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in West Melbourne, FL?
A reasonable rent price in West Melbourne, FL is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.
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