This report provides a detailed analysis of the real-time price trends for the city of Melbourne.
The cost of an average rent in Melbourne for all rental types is €1,345 All data is current as of today, November 7, 2026.
Median price
€1,245
Rentals available today
931
Number of accommodations
1,944
Occupancy rate
52.11%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 1 |
| €500-€600 | 3 |
| €600-€700 | 36 |
| €700-€800 | 58 |
| €800-€900 | 83 |
| €900-€1,000 | 155 |
| €1,000-€1,100 | 233 |
| €1,100-€1,200 | 234 |
| €1,200-€1,300 | 202 |
| €1,300-€1,400 | 130 |
| €1,400-€1,500 | 147 |
| €1,500-€1,600 | 155 |
| €1,600-€1,700 | 79 |
| €1,700-€1,800 | 81 |
| €1,800-€1,900 | 53 |
| €1,900-€2,000 | 58 |
| €2,000-€2,100 | 31 |
| €2,100-€2,200 | 26 |
| €2,200-€2,300 | 31 |
| €2,300-€2,400 | 15 |
| €2,400+ | 56 |
| Total | 1867 |
| Month | Availability percentage |
|---|---|
| December 2026 | 63.735% |
| January 2027 | 78.652% |
| February 2027 | 94.496% |
| March 2027 | 84.105% |
| April 2027 | 84.053% |
| May 2027 | 82.973% |

We created a seamless online experience for you - from searching and comparing verified student accommodation, to applying, to securing your perfect place.
This map shows the real-time price trends for Melbourne. Prices shown are median prices.
| Price range | Price |
|---|---|
| Lower price range | €856 |
| Price range 1 | €956 |
| Price range 2 | €1,056 |
| Price range 3 | €1,156 |
| Price range 4 | €1,256 |
| Price range 5 | €1,356 |
| Price range 6 | €1,456 |
| Price range 7 | €1,556 |
| Price range 8 | €1,656 |
| Price range 9 | €1,756 |
| Price range 10 | €1,856 |
| Price range 11 | €1,956 |
| Price range 12 | €2,056 |
| Price range 13 | €2,156 |
| Higher price range | €2,256 |
| Total properties | 1779 |

The average price for a private room in Melbourne is €1,220 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,273 per month. Studios offer more privacy and independence for students and young professionals.
The average price for a room in a residence or coliving in Melbourne is €1,396 per month. Residences and colivings often include utilities and common areas.
There are currently 931 accommodations available in Melbourne. Looking ahead, 1,936 will be available in 6 months and 1,944 in 12 months. Availability changes daily, so we recommend checking regularly.