Rental Prices in Melbourne

Live asking rents — data to 14 July 2026, updated daily

Properties to Rent

11

1 new in last 14 days

Average Rent

£988 pcm

Median £950 pcm

Avg. Time on Market

48 days

Median 47 days

Rent Range

£525 to £1,800

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 £923 pcm £950 pcm 35
Terraced 2 £1,075 pcm £1,075 pcm 29
Detached 1 £2,500 pcm £2,500 pcm 26

Rents by Bedrooms in Melbourne

Bedrooms Count Avg. Rent Median Avg. Days
1 Bed 1 £825 pcm £825 pcm 23
2 Bed 5 £1,019 pcm £1,000 pcm 37
4 Bed 1 £2,500 pcm £2,500 pcm 26

Properties by Rent Range in Melbourne

Rent Range Count Avg. Days on Market Share
£500 – £1,000 pcm 7 57
64%
£1,000 – £2,000 pcm 3 35
27%
£2,000 – £5,000 pcm 1 26
9%

Properties by Time on Market in Melbourne

Duration Count Share
Less than 1 month 4
36%
1 – 2 months 3
27%
2 – 3 months 2
18%
3 – 4 months 2
18%

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