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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 in Melbourne

The cost of an average rent in Melbourne for all rental types is €1,311 All data is current as of today, October 7, 2026.

Median price

€1,196

Rentals available today

1,190

Number of accommodations

1,901

Occupancy rate

37.40%

Source: Erasmus Play data

Rental price range in Melbourne

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5005
€500-€6005
€600-€70042
€700-€80059
€800-€900116
€900-€1,000173
€1,000-€1,100265
€1,100-€1,200204
€1,200-€1,300194
€1,300-€1,400120
€1,400-€1,500124
€1,500-€1,600128
€1,600-€1,70066
€1,700-€1,80077
€1,800-€1,90044
€1,900-€2,00052
€2,000-€2,10028
€2,100-€2,20026
€2,200-€2,30028
€2,300+65
Total1821
This chart shows 1821 accommodations distributed across price ranges from €400 to €2,400. The most common price range is €1,000-€1,100 with 265 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
November 202678.432%
December 202678.906%
January 202782.536%
February 202786.06%
March 202771.962%
April 202771.015%
This chart shows availability over 6 months. Highest availability is in February 2027 at 86%, lowest in April 2027 at 71%.

Real-time Price Visualization in Melbourne

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€783
Price range 1€883
Price range 2€983
Price range 3€1,083
Price range 4€1,183
Price range 5€1,283
Price range 6€1,383
Price range 7€1,483
Price range 8€1,583
Price range 9€1,683
Price range 10€1,783
Price range 11€1,883
Price range 12€1,983
Price range 13€2,083
Price range 14€2,183
Higher price range€2,283
Total properties1736
This map shows 1736 properties across 68 areas. Prices range from €783 to €2,203.

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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 €1,178 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 €1,220 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 €1,308 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Melbourne?

There are currently 1,190 accommodations available in Melbourne. Looking ahead, 1,893 will be available in 6 months and 1,898 in 12 months. Availability changes daily, so we recommend checking regularly.