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 €1,308 All data is current as of today, September 28, 2026.
Median price
€1,188
Rentals available today
1,251
Number of accommodations
1,850
Occupancy rate
32.38%
| Price range | Number of accommodations |
|---|---|
| €400-€500 | 3 |
| €500-€600 | 4 |
| €600-€700 | 42 |
| €700-€800 | 62 |
| €800-€900 | 96 |
| €900-€1,000 | 178 |
| €1,000-€1,100 | 260 |
| €1,100-€1,200 | 224 |
| €1,200-€1,300 | 176 |
| €1,300-€1,400 | 109 |
| €1,400-€1,500 | 133 |
| €1,500-€1,600 | 102 |
| €1,600-€1,700 | 68 |
| €1,700-€1,800 | 72 |
| €1,800-€1,900 | 43 |
| €1,900-€2,000 | 57 |
| €2,000-€2,100 | 27 |
| €2,100-€2,200 | 28 |
| €2,200-€2,300 | 20 |
| €2,300+ | 65 |
| Total | 1769 |
| Month | Availability percentage |
|---|---|
| October 2026 | 81.892% |
| November 2026 | 84.108% |
| December 2026 | 84.919% |
| January 2027 | 84.486% |
| February 2027 | 83.838% |
| March 2027 | 67.081% |

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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 | €763 |
| Price range 1 | €863 |
| Price range 2 | €963 |
| Price range 3 | €1,063 |
| Price range 4 | €1,163 |
| Price range 5 | €1,263 |
| Price range 6 | €1,363 |
| Price range 7 | €1,463 |
| Price range 8 | €1,563 |
| Price range 9 | €1,663 |
| Price range 10 | €1,763 |
| Price range 11 | €1,863 |
| Price range 12 | €1,963 |
| Price range 13 | €2,063 |
| Price range 14 | €2,163 |
| Higher price range | €2,263 |
| Total properties | 1688 |

The average price for a private room in Melbourne is €1,177 per month. This price is based on current market data from Erasmus Play.
The average price for a studio in Melbourne is €1,189 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 €1,294 per month. Residences and colivings often include utilities and common areas.
There are currently 1,251 accommodations available in Melbourne. Looking ahead, 1,843 will be available in 6 months and 1,847 in 12 months. Availability changes daily, so we recommend checking regularly.