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 €1,306 All data is current as of today, March 7, 2026.
Median price
€1,221
Rentals available today
777
Number of accommodations
905
Occupancy rate
14.14%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 5 |
| €500-€600 | 5 |
| €600-€700 | 37 |
| €700-€800 | 52 |
| €800-€900 | 56 |
| €900-€1,000 | 93 |
| €1,000-€1,100 | 93 |
| €1,100-€1,200 | 93 |
| €1,200-€1,300 | 68 |
| €1,300-€1,400 | 81 |
| €1,400-€1,500 | 76 |
| €1,500-€1,600 | 46 |
| €1,600-€1,700 | 43 |
| €1,700-€1,800 | 31 |
| €1,800-€1,900 | 30 |
| €1,900-€2,000 | 27 |
| €2,000-€2,100 | 17 |
| €2,100-€2,200 | 12 |
| €2,200-€2,300 | 7 |
| €2,300-€2,400 | 8 |
| €2,400+ | 25 |
| Total | 905 |
| Month | Availability percentage |
|---|---|
| April 2026 | 93.26% |
| May 2026 | 92.707% |
| June 2026 | 93.26% |
| July 2026 | 94.696% |
| August 2026 | 91.271% |
| September 2026 | 89.724% |

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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 | €866 |
| Price range 1 | €966 |
| Price range 2 | €1,066 |
| Price range 3 | €1,166 |
| Price range 4 | €1,266 |
| Price range 5 | €1,366 |
| Price range 6 | €1,466 |
| Price range 7 | €1,566 |
| Price range 8 | €1,666 |
| Price range 9 | €1,766 |
| Price range 10 | €1,866 |
| Price range 11 | €1,966 |
| Price range 12 | €2,066 |
| Higher price range | €2,166 |
| Total properties | 759 |

The average price for a private room in Melbourne is €1,133 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,371 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 €1,349 per month. Residences and colivings often include utilities and common areas.
There are currently 777 accommodations available in Melbourne. Looking ahead, 900 will be available in 6 months and 901 in 12 months. Availability changes daily, so we recommend checking regularly.