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Market Insights: Student Housing price report in Melbourne

This report provides a detailed analysis of the real-time price trends for the city of Melbourne.

Rental Market Summary in Melbourne

The cost of an average rent in Melbourne for all rental types is €1,301 All data is current as of today, July 28, 2026.

Median price

€1,180

Rentals available today

1,457

Number of accommodations

1,775

Occupancy rate

17.92%

Source: Erasmus Play data

Rental price range in Melbourne

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5003
€500-€6006
€600-€70040
€700-€80084
€800-€90064
€900-€1,000178
€1,000-€1,100280
€1,100-€1,200218
€1,200-€1,300128
€1,300-€1,400128
€1,400-€1,500134
€1,500-€1,600101
€1,600-€1,70067
€1,700-€1,80052
€1,800-€1,90039
€1,900-€2,00059
€2,000-€2,10020
€2,100-€2,20022
€2,200-€2,30019
€2,300+63
Total1705
This chart shows 1705 accommodations distributed across price ranges from €400 to €2,400. The most common price range is €1,000-€1,100 with 280 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
August 202697.521%
September 202696%
October 202696.225%
November 202695.493%
December 202694.028%
January 202790.31%
This chart shows availability over 6 months. Highest availability is in August 2026 at 98%, lowest in January 2027 at 90%.

Real-time Price Visualization in Melbourne

This map shows the real-time price trends for Melbourne. Prices shown are median prices.

Price Range - Price distribution by area
Price rangePrice
Lower price range€798
Price range 1€898
Price range 2€998
Price range 3€1,098
Price range 4€1,198
Price range 5€1,298
Price range 6€1,398
Price range 7€1,498
Price range 8€1,598
Price range 9€1,698
Price range 10€1,798
Price range 11€1,898
Price range 12€1,998
Price range 13€2,098
Higher price range€2,198
Total properties1630
This map shows 1630 properties across 70 areas. Prices range from €798 to €2,195.

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Request summary
Rachel WelchCalle de Abastos, 32, Aranjuez, Madrid
Lennart KarlAvenida de los Fueros, 10, Madrid
Monthly income€1,400
Deposit required€1,680
Next move in
Requests2
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Frequently Asked Questions

What is the average price for a private room in Melbourne?

The average price for a private room in Melbourne is €1,181 per month. This price is based on current market data from Erasmus Play.

What is the average price for a studio in Melbourne?

The average price for a studio in Melbourne is €1,167 per month. Studios offer more privacy and independence for students and young professionals.

What is the average price for a room in a residence or coliving in Melbourne?

The average price for a room in a residence or coliving in Melbourne is €1,267 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Melbourne?

There are currently 1,457 accommodations available in Melbourne. Looking ahead, 1,766 will be available in 6 months and 1,771 in 12 months. Availability changes daily, so we recommend checking regularly.