2-Bedroom Apartment Rent in Melbourne, FL
Median asking rent for a 2-bedroom apartment in Melbourne, Florida as of July 2026. That's +2% higher than the citywide median of $1,862 and +14% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Melbourne
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Melbourne
Compare Melbourne's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Florida
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Valparaiso | $892 |
| 2 | Polk City | $952 |
| 3 | Bunnell | $999 |
| 4 | Palatka | $1,030 |
| 5 | Hernando | $1,090 |
| 6 | Lake City | $1,110 |
| 7 | Ave Maria | $1,115 |
| 8 | Crystal River | $1,115 |
| 9 | Auburndale | $1,130 |
| 10 | Bartow | $1,130 |
| 11 | Lake Alfred | $1,130 |
| 12 | Belleview | $1,140 |
| 13 | Lake Wales | $1,170 |
| 14 | Homosassa | $1,190 |
| 15 | Ocklawaha | $1,190 |
Most expensive cities for a 2-bedroom in Florida
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Highland Beach | $3,501 |
| 2 | Key Biscayne | $3,490 |
| 3 | Weston | $3,440 |
| 4 | Doral | $3,340 |
| 5 | Aventura | $3,260 |
| 6 | Parkland | $3,195 |
| 7 | Loxahatchee | $3,180 |
| 8 | Coral Gables | $3,045 |
| 9 | Miami Beach | $3,003 |
| 10 | Pembroke Pines | $3,000 |
| 11 | Lithia | $2,970 |
| 12 | The Hammocks | $2,960 |
| 13 | Bal Harbour | $2,910 |
| 14 | Plantation | $2,893 |
| 15 | The Crossings | $2,870 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Melbourne.
| City | Distance | 2-Bedroom rent | vs Melbourne |
|---|---|---|---|
| West Melbourne, FL | 3.8 mi | $1,981 | +$89 (+5%) |
| Indialantic, FL | 6.8 mi | $2,000 | +$108 (+6%) |
| Satellite Beach, FL | 7.1 mi | $1,980 | +$88 (+5%) |
| Indian Harbour Beach, FL | 7.3 mi | $1,842 | $-50 (-3%) |
| Palm Bay, FL | 10.1 mi | $1,708 | $-184 (-10%) |
| Rockledge, FL | 12.1 mi | $1,880 | $-12 (-1%) |
| Cocoa Beach, FL | 14.4 mi | $1,820 | $-72 (-4%) |
| Merritt Island, FL | 17.3 mi | $1,525 | $-367 (-19%) |
| Melbourne Beach, FL | 17.7 mi | $1,960 | +$68 (+4%) |
| Cape Canaveral, FL | 19.4 mi | $1,280 | $-612 (-32%) |
| Sebastian, FL | 26.6 mi | $1,730 | $-162 (-9%) |
| Titusville, FL | 32.6 mi | $1,425 | $-467 (-25%) |
2-Bedroom rent in Melbourne — common questions
How much is a 2-bedroom apartment in Melbourne?
As of July 2026, the median 2-bedroom apartment rent in Melbourne, Florida is $1,892 per month. This is +2% higher than the citywide median of $1,862.
What income do you need to afford a 2-bedroom in Melbourne?
Using the standard 30% rent-to-income rule, you would need an annual income of about $75,680 ($6,307/month gross), which works out to roughly $36.38/hour at a full-time job.
Is Melbourne expensive for a 2-bedroom compared to the rest of the US?
Melbourne's 2-bedroom median of $1,892 is +14% above the national 2-bedroom median of $1,655. It ranks in the 64th percentile of US cities tracked.
How does Melbourne rank for 2-bedroom rent in Florida?
Among the 282 cities in Florida with 2-bedroom data, Melbourne ranks #126 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Melbourne?
Yes — nearby cities with cheaper 2-bedroom rents include Indian Harbour Beach ($1,842), Palm Bay ($1,708), Rockledge ($1,880).