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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 €1,331 All data is current as of today, October 18, 2026.

Median price

€1,223

Rentals available today

962

Number of accommodations

1,975

Occupancy rate

51.29%

Source: Erasmus Play data

Rental price range in Melbourne

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5003
€500-€6003
€600-€70040
€700-€80064
€800-€900104
€900-€1,000167
€1,000-€1,100271
€1,100-€1,200216
€1,200-€1,300209
€1,300-€1,400116
€1,400-€1,500161
€1,500-€1,600128
€1,600-€1,70073
€1,700-€1,80076
€1,800-€1,90061
€1,900-€2,00047
€2,000-€2,10027
€2,100-€2,20033
€2,200-€2,30027
€2,300-€2,40017
€2,400+58
Total1901
This chart shows 1901 accommodations distributed across price ranges from €400 to €2,500. The most common price range is €1,000-€1,100 with 271 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
November 202665.823%
December 202667.899%
January 202779.392%
February 202790.43%
March 202780.557%
April 202780.354%
This chart shows availability over 6 months. Highest availability is in February 2027 at 90%, lowest in November 2026 at 66%.

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€803
Price range 1€953
Price range 2€1,103
Price range 3€1,253
Price range 4€1,403
Price range 5€1,553
Price range 6€1,703
Price range 7€1,853
Price range 8€2,003
Price range 9€2,153
Price range 10€2,303
Higher price range€2,453
Total properties1807
This map shows 1807 properties across 65 areas. Prices range from €803 to €2,306.

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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 €1,199 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 €1,249 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 €1,383 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Melbourne?

There are currently 962 accommodations available in Melbourne. Looking ahead, 1,963 will be available in 6 months and 1,972 in 12 months. Availability changes daily, so we recommend checking regularly.