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 €1,280 All data is current as of today, June 17, 2026.
Median price
€1,167
Rentals available today
829
Number of accommodations
1,834
Occupancy rate
54.80%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 1 |
| €500-€600 | 7 |
| €600-€700 | 36 |
| €700-€800 | 55 |
| €800-€900 | 63 |
| €900-€1,000 | 119 |
| €1,000-€1,100 | 195 |
| €1,100-€1,200 | 203 |
| €1,200-€1,300 | 110 |
| €1,300-€1,400 | 108 |
| €1,400-€1,500 | 117 |
| €1,500-€1,600 | 67 |
| €1,600-€1,700 | 74 |
| €1,700-€1,800 | 50 |
| €1,800-€1,900 | 25 |
| €1,900-€2,000 | 37 |
| €2,000-€2,100 | 15 |
| €2,100-€2,200 | 21 |
| €2,200-€2,300 | 13 |
| €2,300+ | 48 |
| Total | 1364 |
| Month | Availability percentage |
|---|---|
| July 2026 | 94.111% |
| August 2026 | 92.039% |
| September 2026 | 90.458% |
| October 2026 | 90.294% |
| November 2026 | 90.785% |
| December 2026 | 89.422% |

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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 | €778 |
| Price range 1 | €878 |
| Price range 2 | €978 |
| Price range 3 | €1,078 |
| Price range 4 | €1,178 |
| Price range 5 | €1,278 |
| Price range 6 | €1,378 |
| Price range 7 | €1,478 |
| Price range 8 | €1,578 |
| Price range 9 | €1,678 |
| Price range 10 | €1,778 |
| Price range 11 | €1,878 |
| Price range 12 | €1,978 |
| Higher price range | €2,078 |
| Total properties | 1671 |

The average price for a private room in Melbourne is €1,141 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,207 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 €1,270 per month. Residences and colivings often include utilities and common areas.
There are currently 829 accommodations available in Melbourne. Looking ahead, 1,813 will be available in 6 months and 1,828 in 12 months. Availability changes daily, so we recommend checking regularly.