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 €1,296 All data is current as of today, July 8, 2026.
Median price
€1,195
Rentals available today
1,157
Number of accommodations
1,739
Occupancy rate
33.47%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 3 |
| €500-€600 | 13 |
| €600-€700 | 40 |
| €700-€800 | 68 |
| €800-€900 | 73 |
| €900-€1,000 | 192 |
| €1,000-€1,100 | 224 |
| €1,100-€1,200 | 202 |
| €1,200-€1,300 | 164 |
| €1,300-€1,400 | 131 |
| €1,400-€1,500 | 145 |
| €1,500-€1,600 | 75 |
| €1,600-€1,700 | 84 |
| €1,700-€1,800 | 45 |
| €1,800-€1,900 | 38 |
| €1,900-€2,000 | 58 |
| €2,000-€2,100 | 15 |
| €2,100-€2,200 | 25 |
| €2,200-€2,300 | 16 |
| €2,300+ | 59 |
| Total | 1670 |
| Month | Availability percentage |
|---|---|
| August 2026 | 92.639% |
| September 2026 | 89.822% |
| October 2026 | 89.534% |
| November 2026 | 90.167% |
| December 2026 | 88.787% |
| January 2027 | 84.589% |

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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 | €795 |
| Price range 1 | €895 |
| Price range 2 | €995 |
| Price range 3 | €1,095 |
| Price range 4 | €1,195 |
| Price range 5 | €1,295 |
| Price range 6 | €1,395 |
| Price range 7 | €1,495 |
| Price range 8 | €1,595 |
| Price range 9 | €1,695 |
| Price range 10 | €1,795 |
| Price range 11 | €1,895 |
| Price range 12 | €1,995 |
| Price range 13 | €2,095 |
| Higher price range | €2,195 |
| Total properties | 1560 |

The average price for a private room in Melbourne is €1,168 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,228 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 €1,323 per month. Residences and colivings often include utilities and common areas.
There are currently 1,157 accommodations available in Melbourne. Looking ahead, 1,679 will be available in 6 months and 1,687 in 12 months. Availability changes daily, so we recommend checking regularly.