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 €1,300 All data is current as of today, May 28, 2026.
Median price
€1,219
Rentals available today
487
Number of accommodations
1,061
Occupancy rate
54.10%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 1 |
| €500-€600 | 7 |
| €600-€700 | 24 |
| €700-€800 | 47 |
| €800-€900 | 52 |
| €900-€1,000 | 80 |
| €1,000-€1,100 | 116 |
| €1,100-€1,200 | 131 |
| €1,200-€1,300 | 93 |
| €1,300-€1,400 | 70 |
| €1,400-€1,500 | 117 |
| €1,500-€1,600 | 64 |
| €1,600-€1,700 | 48 |
| €1,700-€1,800 | 34 |
| €1,800-€1,900 | 20 |
| €1,900-€2,000 | 31 |
| €2,000-€2,100 | 9 |
| €2,100-€2,200 | 9 |
| €2,200-€2,300 | 13 |
| €2,300-€2,400 | 5 |
| €2,400+ | 25 |
| Total | 996 |
| Month | Availability percentage |
|---|---|
| June 2026 | 55.702% |
| July 2026 | 97.926% |
| August 2026 | 97.549% |
| September 2026 | 95.287% |
| October 2026 | 95.287% |
| November 2026 | 95.476% |

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This map shows the real-time price trends for Melbourne. Prices shown are median prices.
| Price range | Price |
|---|---|
| Lower price range | €876 |
| Price range 1 | €976 |
| Price range 2 | €1,076 |
| Price range 3 | €1,176 |
| Price range 4 | €1,276 |
| Price range 5 | €1,376 |
| Price range 6 | €1,476 |
| Price range 7 | €1,576 |
| Price range 8 | €1,676 |
| Higher price range | €1,776 |
| Total properties | 879 |

The average price for a private room in Melbourne is €1,186 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,374 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 €1,318 per month. Residences and colivings often include utilities and common areas.
There are currently 487 accommodations available in Melbourne. Looking ahead, 1,053 will be available in 6 months and 1,055 in 12 months. Availability changes daily, so we recommend checking regularly.