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 €1,220 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%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 4 |
| €500-€600 | 6 |
| €600-€700 | 51 |
| €700-€800 | 34 |
| €800-€900 | 66 |
| €900-€1,000 | 47 |
| €1,000-€1,100 | 44 |
| €1,100-€1,200 | 34 |
| €1,200-€1,300 | 37 |
| €1,300-€1,400 | 33 |
| €1,400-€1,500 | 24 |
| €1,500-€1,600 | 16 |
| €1,600-€1,700 | 16 |
| €1,700-€1,800 | 17 |
| €1,800-€1,900 | 6 |
| €1,900-€2,000 | 9 |
| €2,000-€2,100 | 13 |
| €2,100+ | 35 |
| Total | 492 |
| Month | Availability percentage |
|---|---|
| February 2026 | 97.154% |
| March 2026 | 96.748% |
| April 2026 | 97.154% |
| May 2026 | 96.951% |
| June 2026 | 97.154% |
| July 2026 | 96.951% |

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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 | €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 properties | 337 |

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.
The average price for a studio in Melbourne is €859 per month. Studios offer more privacy and independence for students and young professionals.
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.