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 €1,306 All data is current as of today, March 7, 2026.

Median price

€1,221

Rentals available today

777

Number of accommodations

905

Occupancy rate

14.14%

Source: Erasmus Play data

Rental price range

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5005
€500-€6005
€600-€70037
€700-€80052
€800-€90056
€900-€1,00093
€1,000-€1,10093
€1,100-€1,20093
€1,200-€1,30068
€1,300-€1,40081
€1,400-€1,50076
€1,500-€1,60046
€1,600-€1,70043
€1,700-€1,80031
€1,800-€1,90030
€1,900-€2,00027
€2,000-€2,10017
€2,100-€2,20012
€2,200-€2,3007
€2,300-€2,4008
€2,400+25
Total905
This chart shows 905 accommodations distributed across price ranges from €400 to €2,500. The most common price range is €900-€1,000 with 93 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
April 202693.26%
May 202692.707%
June 202693.26%
July 202694.696%
August 202691.271%
September 202689.724%
This chart shows availability over 6 months. Highest availability is in July 2026 at 95%, lowest in September 2026 at 90%.

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€866
Price range 1€966
Price range 2€1,066
Price range 3€1,166
Price range 4€1,266
Price range 5€1,366
Price range 6€1,466
Price range 7€1,566
Price range 8€1,666
Price range 9€1,766
Price range 10€1,866
Price range 11€1,966
Price range 12€2,066
Higher price range€2,166
Total properties759
This map shows 759 properties across 41 areas. Prices range from €866 to €2,079.

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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 €1,133 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 €1,371 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 €1,349 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Melbourne?

There are currently 777 accommodations available in Melbourne. Looking ahead, 900 will be available in 6 months and 901 in 12 months. Availability changes daily, so we recommend checking regularly.