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 €1,358 All data is current as of today, May 8, 2026.
Median price
€1,234
Rentals available today
545
Number of accommodations
926
Occupancy rate
41.14%
| Price range | Number of accommodations |
|---|---|
| €600-€700 | 24 |
| €700-€800 | 36 |
| €800-€900 | 27 |
| €900-€1,000 | 48 |
| €1,000-€1,100 | 41 |
| €1,100-€1,200 | 44 |
| €1,200-€1,300 | 46 |
| €1,300-€1,400 | 31 |
| €1,400-€1,500 | 66 |
| €1,500-€1,600 | 49 |
| €1,600-€1,700 | 38 |
| €1,700-€1,800 | 28 |
| €1,800-€1,900 | 24 |
| €1,900-€2,000 | 26 |
| €2,000-€2,100 | 11 |
| €2,100-€2,200 | 11 |
| €2,200-€2,300 | 15 |
| €2,300-€2,400 | 8 |
| €2,400+ | 32 |
| Total | 605 |
| Month | Availability percentage |
|---|---|
| June 2026 | 65.875% |
| July 2026 | 97.3% |
| August 2026 | 96.76% |
| September 2026 | 94.708% |
| October 2026 | 94.708% |
| November 2026 | 94.924% |

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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 | €881 |
| Price range 1 | €981 |
| Price range 2 | €1,081 |
| Price range 3 | €1,181 |
| Price range 4 | €1,281 |
| Price range 5 | €1,381 |
| Price range 6 | €1,481 |
| Price range 7 | €1,581 |
| Price range 8 | €1,681 |
| Price range 9 | €1,781 |
| Price range 10 | €1,881 |
| Price range 11 | €1,981 |
| Price range 12 | €2,081 |
| Price range 13 | €2,181 |
| Price range 14 | €2,281 |
| Higher price range | €2,381 |
| Total properties | 765 |

The average price for a private room in Melbourne is €1,207 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,216 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 €1,253 per month. Residences and colivings often include utilities and common areas.
There are currently 545 accommodations available in Melbourne. Looking ahead, 919 will be available in 6 months and 921 in 12 months. Availability changes daily, so we recommend checking regularly.