Rental Prices in Melbourne

Live asking rents — data to 6 October 2026, updated daily

Properties to Rent

17

7 new in last 14 days

Average Rent

£1,029 pcm

Median £900 pcm

Avg. Time on Market

49 days

Median 23 days

Rent Range

£540 to £1,960

Middle 90% of asking rents pcm

Market Breakdown

Data to:

Properties by Rent

Distribution of asking rents in Melbourne

Properties by Type

What's on the rental market in Melbourne

Properties by Bedrooms

Bedroom count distribution in Melbourne

Time on Market

How long properties have been listed in Melbourne

Rents by Property Type in Melbourne

Type Count Avg. Rent Median Avg. Days
Flat 3 £840 pcm £800 pcm 8
Terraced 7 £1,068 pcm £930 pcm 22
Detached 2 £1,975 pcm £1,975 pcm 15

Rents by Bedrooms in Melbourne

Bedrooms Count Avg. Rent Median Avg. Days
1 Bed 2 £763 pcm £762 pcm 11
2 Bed 7 £946 pcm £930 pcm 17
3 Bed 2 £1,475 pcm £1,475 pcm 18
4 Bed 2 £1,975 pcm £1,975 pcm 15

Properties by Rent Range in Melbourne

Rent Range Count Avg. Days on Market Share
£500 – £1,000 pcm 12 65
71%
£1,000 – £2,000 pcm 4 15
24%
£2,000 – £5,000 pcm 1 6
6%

Properties by Time on Market in Melbourne

Duration Count Share
Less than 1 month 11
65%
1 – 2 months 2
12%
4 – 6 months 3
18%
6 – 9 months 1
6%

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