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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 €1,296 All data is current as of today, July 8, 2026.

Median price

€1,195

Rentals available today

1,157

Number of accommodations

1,739

Occupancy rate

33.47%

Source: Erasmus Play data

Rental price range in Melbourne

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5003
€500-€60013
€600-€70040
€700-€80068
€800-€90073
€900-€1,000192
€1,000-€1,100224
€1,100-€1,200202
€1,200-€1,300164
€1,300-€1,400131
€1,400-€1,500145
€1,500-€1,60075
€1,600-€1,70084
€1,700-€1,80045
€1,800-€1,90038
€1,900-€2,00058
€2,000-€2,10015
€2,100-€2,20025
€2,200-€2,30016
€2,300+59
Total1670
This chart shows 1670 accommodations distributed across price ranges from €400 to €2,400. The most common price range is €1,000-€1,100 with 224 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
August 202692.639%
September 202689.822%
October 202689.534%
November 202690.167%
December 202688.787%
January 202784.589%
This chart shows availability over 6 months. Highest availability is in August 2026 at 93%, lowest in January 2027 at 85%.

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€795
Price range 1€895
Price range 2€995
Price range 3€1,095
Price range 4€1,195
Price range 5€1,295
Price range 6€1,395
Price range 7€1,495
Price range 8€1,595
Price range 9€1,695
Price range 10€1,795
Price range 11€1,895
Price range 12€1,995
Price range 13€2,095
Higher price range€2,195
Total properties1560
This map shows 1560 properties across 64 areas. Prices range from €795 to €2,193.

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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 €1,168 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 €1,228 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 €1,323 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Melbourne?

There are currently 1,157 accommodations available in Melbourne. Looking ahead, 1,679 will be available in 6 months and 1,687 in 12 months. Availability changes daily, so we recommend checking regularly.