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 €1,326 All data is current as of today, April 18, 2026.
Median price
€1,261
Rentals available today
632
Number of accommodations
988
Occupancy rate
36.03%
| Price range | Number of accommodations |
|---|---|
| €500-€600 | 5 |
| €600-€700 | 36 |
| €700-€800 | 57 |
| €800-€900 | 60 |
| €900-€1,000 | 101 |
| €1,000-€1,100 | 94 |
| €1,100-€1,200 | 97 |
| €1,200-€1,300 | 73 |
| €1,300-€1,400 | 85 |
| €1,400-€1,500 | 110 |
| €1,500-€1,600 | 48 |
| €1,600-€1,700 | 47 |
| €1,700-€1,800 | 34 |
| €1,800-€1,900 | 32 |
| €1,900-€2,000 | 26 |
| €2,000-€2,100 | 19 |
| €2,100-€2,200 | 15 |
| €2,200-€2,300 | 12 |
| €2,300-€2,400 | 6 |
| €2,400-€2,500 | 4 |
| €2,500+ | 27 |
| Total | 988 |
| Month | Availability percentage |
|---|---|
| May 2026 | 69.028% |
| June 2026 | 71.66% |
| July 2026 | 97.368% |
| August 2026 | 89.474% |
| September 2026 | 86.741% |
| October 2026 | 87.045% |

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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 | €830 |
| Price range 1 | €930 |
| Price range 2 | €1,030 |
| Price range 3 | €1,130 |
| Price range 4 | €1,230 |
| Price range 5 | €1,330 |
| Price range 6 | €1,430 |
| Price range 7 | €1,530 |
| Price range 8 | €1,630 |
| Price range 9 | €1,730 |
| Price range 10 | €1,830 |
| Higher price range | €1,930 |
| Total properties | 833 |

The average price for a private room in Melbourne is €1,181 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,383 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 €1,366 per month. Residences and colivings often include utilities and common areas.
There are currently 632 accommodations available in Melbourne. Looking ahead, 978 will be available in 6 months and 983 in 12 months. Availability changes daily, so we recommend checking regularly.