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

The cost of an average rent in Melbourne for all rental types is €1,220 All data is current as of today, January 23, 2026.

Median price

€1,076

Rentals available today

301

Number of accommodations

492

Occupancy rate

38.82%

Source: Erasmus Play data

Rental price range

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5004
€500-€6006
€600-€70051
€700-€80034
€800-€90066
€900-€1,00047
€1,000-€1,10044
€1,100-€1,20034
€1,200-€1,30037
€1,300-€1,40033
€1,400-€1,50024
€1,500-€1,60016
€1,600-€1,70016
€1,700-€1,80017
€1,800-€1,9006
€1,900-€2,0009
€2,000-€2,10013
€2,100+35
Total492
This chart shows 492 accommodations distributed across price ranges from €400 to €2,200. The most common price range is €800-€900 with 66 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
February 202697.154%
March 202696.748%
April 202697.154%
May 202696.951%
June 202697.154%
July 202696.951%
This chart shows availability over 6 months. Highest availability is in February 2026 at 97%, lowest in March 2026 at 97%.

Real-time Price Visualization

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€860
Price range 1€960
Price range 2€1,060
Price range 3€1,160
Price range 4€1,260
Price range 5€1,360
Price range 6€1,460
Price range 7€1,560
Price range 8€1,660
Price range 9€1,760
Higher price range€1,860
Total properties337
This map shows 337 properties across 24 areas. Prices range from €860 to €1,786.

Publish your accommodation on Erasmus Play

List your property on the leading search engine for mid-term rentals.

  • Reliable mid-term tenants
  • Global visibility
  • Effortless tenant matching
  • List for free
Rent with us
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
Publish your accommodation on Erasmus Play

Frequently Asked Questions

What is the average price for a private room in Melbourne?

The average price for a private room in Melbourne is €1,081 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 €859 per month. Studios offer more privacy and independence for students and young professionals.

How many accommodations are available in Melbourne?

There are currently 301 accommodations available in Melbourne. Looking ahead, 487 will be available in 6 months and 487 in 12 months. Availability changes daily, so we recommend checking regularly.