Melbourne, KY rental market
Last updated August 22, 2025
Rental market summary
The average rent for all bedrooms and all property types in Melbourne, KY is $1,100.
$1,100
-$100
+$389
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,100 to $1,200.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,100 | 2 |
| $1,200+ | 1 |
Average rent price over time
In the last year, rent has increased by $389 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $645 | $1,200 |
| Feb | $645 | $1,200 |
| Mar | $666 | $1,200 |
| Apr | $1,107 | $1,200 |
| May | $731 | $1,200 |
| Jun | $641 | $1,200 |
| Jul | $735 | $1,200 |
| Aug | $653 | $1,200 |
| Sep | $712 | No data |
| Oct | $716 | No data |
| Nov | $754 | No data |
| Dec | $1,200 | No data |
Market temperature
The Melbourne, KY rental market temperature is HOT. 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 48% lower than the national average.
$1,100
$2,100
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Frequently asked questions
1. What is the average rent in Melbourne, KY?
The average rent in Melbourne, KY is $1,100.
2. How much does it cost to rent a house in Melbourne, KY?
Houses in Melbourne, KY rent between $1,100 - $1,200 with an average rent of $1,100.
3. How has the rent in Melbourne, KY changed in the last year?
In the last year, the rent in Melbourne, KY increased by $389
4. How much has the rent in Melbourne, KY increased/decreased in the last month?
In the last month, the rent in Melbourne, KY decreased by $100
5. How many available rentals are there in Melbourne, KY?
There are currently 2 rentals available in Melbourne, KY.
6. How do rent prices in Melbourne, KY compare with the national average?
The average rent in Melbourne, KY is $1,100 — 47.62% lower the national average of $2,100.