Rental Prices in Melbourne

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

Properties to Rent

20

6 new in last 14 days

Average Rent

£1,007 pcm

Median £875 pcm

Avg. Time on Market

51 days

Median 27 days

Rent Range

£548 to £1,953

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 £830 pcm £800 pcm 18
Terraced 7 £1,064 pcm £930 pcm 32
Semi-Detached 1 £1,200 pcm £1,200 pcm 9
Detached 1 £1,950 pcm £1,950 pcm 33

Rents by Bedrooms in Melbourne

Bedrooms Count Avg. Rent Median Avg. Days
1 Bed 4 £746 pcm £745 pcm 12
2 Bed 7 £942 pcm £930 pcm 27
3 Bed 3 £1,383 pcm £1,450 pcm 21
4 Bed 2 £1,975 pcm £1,975 pcm 24

Properties by Rent Range in Melbourne

Rent Range Count Avg. Days on Market Share
£500 – £1,000 pcm 14 64
70%
£1,000 – £2,000 pcm 5 22
25%
£2,000 – £5,000 pcm 1 16
5%

Properties by Time on Market in Melbourne

Duration Count Share
Less than 1 month 11
55%
1 – 2 months 5
25%
4 – 6 months 2
10%
6 – 9 months 2
10%

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