Average Rent in 32901, Melbourne, FL

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Current Versus Historical 32901, Melbourne, FL Rents

32901 rentals average $1,313 for a 1-bedroom rental to $2,750 for a 4-bedroom rental. The median price of all currently available listings is $1,900, or roughly $2 per square feet.

For the apartment units and housing in February 2025, median rents have risen over the last year. Studio rentals prices have decreased by $2,712 (-78.33%) year-over-year from $3,462 to $750. 1-bedroom rentals prices have increased by $118 (9.91%) year-over-year from $1,194 to $1,313. 2-bedroom rentals prices have decreased by $113 (-6.98%) year-over-year from $1,613 to $1,500. 3-bedroom rentals prices have decreased by $84 (-4.12%) year-over-year from $2,033 to $1,950. 4-bedroom rentals prices have increased by $101 (4.48%) year-over-year from $2,249 to $2,350. 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 3.67% this month. 1-bedroom rents have gone up by 1.03% this month. 2-bedroom rents have gone up by 2.86% this month. 3-bedroom rents have gone up by 0.84% this month. 4-bedroom rents have gone down by 4.08% this month.

Beds	Price / Sqft	Feb 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.82	$1,313	$1,194 (9.91%)	$1,050 (25.00%)
2 BR	$1.51	$1,500	$1,613 (-6.98%)	$1,560 (-3.85%)
3 BR	$1.58	$1,950	$2,033 (-4.12%)	$1,998 (-2.44%)
4+ BR	$1.33	$2,350	$2,249 (4.48%)	$2,463 (-4.60%)

Historical Rents in 32901, Melbourne, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 32901

There are a total of 4 cities nearby 32901. The average rent in 32901 is currently $2,150 per month. Only one city nearby has 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 32901, Melbourne, FL is Cocoa Beach, FL. Monthly rents here are on average $2,600 per month.

Let's compare 32901, Melbourne, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 4.76% more affordable. Two bedrooms in 32901, Melbourne, FL are about 8.58% more affordable. Finally, rent for three bedrooms are about 14.38% more affordable. Want more information? Check out the top 4 cities near 32901, Melbourne, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Melbourne, FL	N/A	$1,350	$1,613	$1,900
Palm Bay, FL	$1,200	$1,100	$1,450	$2,000
Merritt Island, FL	N/A	$1,400	$1,645	$2,300
Cocoa Beach, FL	N/A	$2,000	$2,500	$2,600

Top Neighborhoods Near 32901

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 32901

Some of these counties include Melbourne, FL, Palm Bay, FL, and Cocoa-Rockledge, FL. The average rent for rentals in these counties is $2,000. That's roughly around $2 per sqft. The county that is the most affordable is Melbourne, FL. It's average rent per month is $1,970. Vice versa, with an average rent of $2,800, Indialantic-Melbourne Beach, FL is the most expensive county by 32901, Melbourne, FL.

In comparison, rent for one bedroom listings in 32901, Melbourne, FL is 6.67% more affordable than other counties nearby. Finally, rent for two bedrooms in 32901, Melbourne, FL is 12.33% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Melbourne, FL	N/A	$1,350	$1,600	$1,970
Palm Bay, FL	$1,200	$1,100	$1,450	$2,000
Cocoa-Rockledge, FL	$1,035	$1,400	$1,685	$2,000
Cocoa Beach-Cape Canaveral, FL	N/A	$1,800	$2,200	$2,450
Indialantic-Melbourne Beach, FL	N/A	$1,900	$2,400	$2,800

Top Zipcodes Near 32901

There is one zipcode in or near 32901, Melbourne, FL. The average rent for this zipcode is $1,800.

The following chart includes the zipcode in or near 32901, Melbourne, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32935, Melbourne, FL	N/A	$1,338	$1,595	$1,800

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 $1,900. 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 $1,313 and an average price per square feet of $1.82. There are a total of 8 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 $1,500 and an average price per square feet of $1.51. 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 -0.78%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.04% year-over-year.

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

A reasonable rent price in 32901, Melbourne, FL is around $1,520/month. You can search for these reasonably priced rental listings on RentHop.