Melbourne, KY rental market
What is the average rent in Melbourne, KY?
Rental market summary
The average rent for all bedrooms and all property types in Melbourne, KY is $772.
Average rent
$772
Month-over-month change
-$953
Year-over-year change
+$772
Available rentals
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $695 to $1,725.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $1,700+ | 1 |
Average rent price over time
In the last year, rent has increased by $772 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,200 | $2,200 |
| Feb | $1,200 | $2,150 |
| Mar | $1,200 | $800 |
| Apr | $1,200 | $1,725 |
| May | $1,200 | $1,280 |
| Jun | $1,200 | No data |
| Jul | $1,200 | No data |
| Aug | $1,200 | No data |
Market temperature
The Melbourne, KY rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Melbourne, KY is 61% lower than the national average.
$772
$2,000
Rent in Melbourne, KY
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Rent trends near Melbourne, KY
Frequently asked questions
1. What is the average rent in Melbourne, KY?
2. What is the average rent for a studio apartment in Melbourne, KY?
3. What is the average rent for a one-bedroom apartment in Melbourne, KY?
4. What is the average rent for a three-bedroom apartment in Melbourne, KY?
5. What is the average rent for a four-bedroom apartment in Melbourne, KY?
6. How much does it cost to rent a house in Melbourne, KY?
7. How has the rent in Melbourne, KY changed in the last year?
8. How much has the rent in Melbourne, KY increased/decreased in the last month?
9. How many available rentals are there in Melbourne, KY?
10. How do rent prices in Melbourne, KY compare with the national average?
