Rental Prices in Melbourne

Live asking rents — data to 1 August 2026, updated daily

Properties to Rent

9

4 new in last 14 days

Average Rent

£978 pcm

Median £850 pcm

Avg. Time on Market

51 days

Median 46 days

Rent Range

£520 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
Terraced 4 £963 pcm £925 pcm 8
Detached 1 £2,500 pcm £2,500 pcm 46

Rents by Bedrooms in Melbourne

Bedrooms Count Avg. Rent Median Avg. Days
2 Bed 4 £963 pcm £925 pcm 8
4 Bed 1 £2,500 pcm £2,500 pcm 46

Properties by Rent Range in Melbourne

Rent Range Count Avg. Days on Market Share
£500 – £1,000 pcm 7 57
78%
£1,000 – £2,000 pcm 1 9
11%
£2,000 – £5,000 pcm 1 46
11%

Properties by Time on Market in Melbourne

Duration Count Share
Less than 1 month 4
44%
1 – 2 months 2
22%
2 – 3 months 1
11%
3 – 4 months 1
11%
4 – 6 months 1
11%

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