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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 €1,299 All data is current as of today, August 18, 2026.

Median price

€1,178

Rentals available today

1,484

Number of accommodations

1,765

Occupancy rate

15.92%

Source: Erasmus Play data

Rental price range in Melbourne

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5003
€500-€6005
€600-€70049
€700-€80098
€800-€90060
€900-€1,000185
€1,000-€1,100233
€1,100-€1,200241
€1,200-€1,300134
€1,300-€1,400116
€1,400-€1,500130
€1,500-€1,60084
€1,600-€1,70072
€1,700-€1,80053
€1,800-€1,90041
€1,900-€2,00057
€2,000-€2,10021
€2,100-€2,20025
€2,200-€2,30017
€2,300+69
Total1693
This chart shows 1693 accommodations distributed across price ranges from €400 to €2,400. The most common price range is €1,100-€1,200 with 241 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
September 202697.28%
October 202697.734%
November 202697.564%
December 202695.184%
January 202791.728%
February 202776.657%
This chart shows availability over 6 months. Highest availability is in October 2026 at 98%, lowest in February 2027 at 77%.

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€785
Price range 1€885
Price range 2€985
Price range 3€1,085
Price range 4€1,185
Price range 5€1,285
Price range 6€1,385
Price range 7€1,485
Price range 8€1,585
Price range 9€1,685
Price range 10€1,785
Price range 11€1,885
Price range 12€1,985
Price range 13€2,085
Price range 14€2,185
Higher price range€2,285
Total properties1601
This map shows 1601 properties across 65 areas. Prices range from €785 to €2,209.

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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 €1,182 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 €1,159 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 €1,272 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Melbourne?

There are currently 1,484 accommodations available in Melbourne. Looking ahead, 1,756 will be available in 6 months and 1,761 in 12 months. Availability changes daily, so we recommend checking regularly.