Rental Prices in Melbourne

Live asking rents — data to 26 October 2026, updated daily

Properties to Rent

20

2 new in last 14 days

Average Rent

£988 pcm

Median £875 pcm

Avg. Time on Market

61 days

Median 38 days

Rent Range

£548 to £1,763

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 4 £796 pcm £748 pcm 25
Terraced 6 £1,000 pcm £915 pcm 45
Semi-Detached 1 £1,200 pcm £1,200 pcm 20
Detached 2 £1,875 pcm £1,875 pcm 36

Rents by Bedrooms in Melbourne

Bedrooms Count Avg. Rent Median Avg. Days
1 Bed 4 £704 pcm £695 pcm 23
2 Bed 7 £942 pcm £930 pcm 36
3 Bed 3 £1,383 pcm £1,450 pcm 32
4 Bed 2 £1,875 pcm £1,875 pcm 36

Properties by Rent Range in Melbourne

Rent Range Count Avg. Days on Market Share
£500 – £1,000 pcm 14 76
70%
£1,000 – £2,000 pcm 5 29
25%
£2,000 – £5,000 pcm 1 27
5%

Properties by Time on Market in Melbourne

Duration Count Share
Less than 1 month 8
40%
1 – 2 months 7
35%
2 – 3 months 1
5%
4 – 6 months 2
10%
6 – 9 months 2
10%

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