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 €1,318 All data is current as of today, September 8, 2026.
Median price
€1,182
Rentals available today
1,543
Number of accommodations
1,799
Occupancy rate
14.23%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 3 |
| €500-€600 | 4 |
| €600-€700 | 43 |
| €700-€800 | 61 |
| €800-€900 | 94 |
| €900-€1,000 | 182 |
| €1,000-€1,100 | 263 |
| €1,100-€1,200 | 199 |
| €1,200-€1,300 | 161 |
| €1,300-€1,400 | 110 |
| €1,400-€1,500 | 107 |
| €1,500-€1,600 | 109 |
| €1,600-€1,700 | 67 |
| €1,700-€1,800 | 67 |
| €1,800-€1,900 | 47 |
| €1,900-€2,000 | 56 |
| €2,000-€2,100 | 28 |
| €2,100-€2,200 | 26 |
| €2,200-€2,300 | 21 |
| €2,300+ | 74 |
| Total | 1722 |
| Month | Availability percentage |
|---|---|
| October 2026 | 94.108% |
| November 2026 | 95.887% |
| December 2026 | 94.441% |
| January 2027 | 91.162% |
| February 2027 | 80.267% |
| March 2027 | 60.867% |

We created a seamless online experience for you - from searching and comparing verified student accommodation, to applying, to securing your perfect place.
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 | €903 |
| Price range 2 | €1,003 |
| Price range 3 | €1,103 |
| Price range 4 | €1,203 |
| Price range 5 | €1,303 |
| Price range 6 | €1,403 |
| Price range 7 | €1,503 |
| Price range 8 | €1,603 |
| Price range 9 | €1,703 |
| Price range 10 | €1,803 |
| Price range 11 | €1,903 |
| Price range 12 | €2,003 |
| Price range 13 | €2,103 |
| Price range 14 | €2,203 |
| Higher price range | €2,303 |
| Total properties | 1637 |

The average price for a private room in Melbourne is €1,172 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,180 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 €1,296 per month. Residences and colivings often include utilities and common areas.
There are currently 1,543 accommodations available in Melbourne. Looking ahead, 1,793 will be available in 6 months and 1,796 in 12 months. Availability changes daily, so we recommend checking regularly.