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 €1,331 All data is current as of today, October 18, 2026.
Median price
€1,223
Rentals available today
962
Number of accommodations
1,975
Occupancy rate
51.29%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 3 |
| €500-€600 | 3 |
| €600-€700 | 40 |
| €700-€800 | 64 |
| €800-€900 | 104 |
| €900-€1,000 | 167 |
| €1,000-€1,100 | 271 |
| €1,100-€1,200 | 216 |
| €1,200-€1,300 | 209 |
| €1,300-€1,400 | 116 |
| €1,400-€1,500 | 161 |
| €1,500-€1,600 | 128 |
| €1,600-€1,700 | 73 |
| €1,700-€1,800 | 76 |
| €1,800-€1,900 | 61 |
| €1,900-€2,000 | 47 |
| €2,000-€2,100 | 27 |
| €2,100-€2,200 | 33 |
| €2,200-€2,300 | 27 |
| €2,300-€2,400 | 17 |
| €2,400+ | 58 |
| Total | 1901 |
| Month | Availability percentage |
|---|---|
| November 2026 | 65.823% |
| December 2026 | 67.899% |
| January 2027 | 79.392% |
| February 2027 | 90.43% |
| March 2027 | 80.557% |
| April 2027 | 80.354% |

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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 | €803 |
| Price range 1 | €953 |
| Price range 2 | €1,103 |
| Price range 3 | €1,253 |
| Price range 4 | €1,403 |
| Price range 5 | €1,553 |
| Price range 6 | €1,703 |
| Price range 7 | €1,853 |
| Price range 8 | €2,003 |
| Price range 9 | €2,153 |
| Price range 10 | €2,303 |
| Higher price range | €2,453 |
| Total properties | 1807 |

The average price for a private room in Melbourne is €1,199 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,249 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 €1,383 per month. Residences and colivings often include utilities and common areas.
There are currently 962 accommodations available in Melbourne. Looking ahead, 1,963 will be available in 6 months and 1,972 in 12 months. Availability changes daily, so we recommend checking regularly.