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 €1,284 All data is current as of today, March 27, 2026.
Median price
€1,218
Rentals available today
702
Number of accommodations
876
Occupancy rate
19.86%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 5 |
| €500-€600 | 6 |
| €600-€700 | 35 |
| €700-€800 | 55 |
| €800-€900 | 59 |
| €900-€1,000 | 90 |
| €1,000-€1,100 | 92 |
| €1,100-€1,200 | 87 |
| €1,200-€1,300 | 68 |
| €1,300-€1,400 | 76 |
| €1,400-€1,500 | 72 |
| €1,500-€1,600 | 61 |
| €1,600-€1,700 | 40 |
| €1,700-€1,800 | 26 |
| €1,800-€1,900 | 30 |
| €1,900-€2,000 | 21 |
| €2,000-€2,100 | 10 |
| €2,100-€2,200 | 7 |
| €2,200-€2,300 | 7 |
| €2,300-€2,400 | 4 |
| €2,400+ | 25 |
| Total | 876 |
| Month | Availability percentage |
|---|---|
| April 2026 | 85.845% |
| May 2026 | 85.845% |
| June 2026 | 87.785% |
| July 2026 | 94.292% |
| August 2026 | 83.219% |
| September 2026 | 79.68% |

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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 | €845 |
| Price range 1 | €945 |
| Price range 2 | €1,045 |
| Price range 3 | €1,145 |
| Price range 4 | €1,245 |
| Price range 5 | €1,345 |
| Price range 6 | €1,445 |
| Price range 7 | €1,545 |
| Price range 8 | €1,645 |
| Price range 9 | €1,745 |
| Higher price range | €1,845 |
| Total properties | 741 |

The average price for a private room in Melbourne is €1,131 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,343 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 €1,348 per month. Residences and colivings often include utilities and common areas.
There are currently 702 accommodations available in Melbourne. Looking ahead, 870 will be available in 6 months and 871 in 12 months. Availability changes daily, so we recommend checking regularly.