Downtown Melbourne

Melbourne, FL

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Downtown Melbourne - Melbourne, FL

Area Guide

Welcome to downtown paradise

Beach • Ocean • Tropical • Walkable • Historic • Arts • Culture •

With its pastel-painted, historic buildings, colorful murals, and sidewalks lined with palm trees, Downtown Melbourne combines a beachy vibe with locally-owned boutiques, restaurants, and bars. The atmosphere is fun-loving and carefree, but this is much more than a resort town. Downtown Melbourne is the business core of the Space Coast with major employers like the nearby Space Center, Rockwell Collins, Northrop Grumman, and Harris Corporation.

High-tech industries and charming shops aside, Downtown Melbourne is also minutes from the beaches along what's called the Space Coast -- cross the bridge over the Indian River and you'll discover a strand of white-sand beaches and crashing waves. After a day at the beach, residents of Downtown Melbourne can visit Meg O'Malley's Restaurant and Irish Pub, a local favorite, or they can catch a show at the Henegar Center for the Arts. Downtown Melbourne is the site of many events, including the Downtown Melbourne Food and Wine Festival, the Melbourne Arts Festival, and the Main Street Friday Fest.

Explore the Neighborhood

The nearby Kennedy Space Center is a great destination

Downtown Melbourne is filled with shops and restaurants

Rent Trends

As of October 2025, the average apartment rent in Downtown Melbourne is $802 for a studio, $1,442 for one bedroom, $1,513 for two bedrooms, and $2,123 for three bedrooms. Apartment rent in Downtown Melbourne has increased by 0.4% in the past year.

  • Studio

  • 475 sq ft

    Average Sq Ft

  • $802/month

    Average Rent

  • 1 BR

  • 685 sq ft

    Average Sq Ft

  • $1,442/month

    Average Rent

  • 2 BR

  • 947 sq ft

    Average Sq Ft

  • $1,513/month

    Average Rent

  • 3 BR

  • 1,285 sq ft

    Average Sq Ft

  • $2,123/month

    Average Rent

Transportation

68

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

57

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Shopping Centers

Parks and Recreation

  • Florida Tech Botanical Garden
  • Erna Nixon Nature Center
  • Turkey Creek Sanctuary (Margaret Hames Nature Center)
  • Goode Park
  • Malabar Scrub Sanctuary

Military Bases

Airports

  • Melbourne Orlando International

Colleges

Top Apartments in Downtown Melbourne

Topaz Village

Topaz Village

100-210 E University Blvd,
Melbourne, FL 32901

$1,199 - $1,675

1-3 Beds

Madison Midtown

Madison Midtown

1023 Gull Ln,
Melbourne, FL 32901

$1,900 - $2,750

1-3 Beds

Legacy at Hibiscus Park

Legacy at Hibiscus Park

1450 Tradition Cir,
Melbourne, FL 32901

$1,341 - $2,833

1-3 Beds

The Village at Melbourne

The Village at Melbourne

3502 D'Avinci Way,
Melbourne, FL 32901

$1,450 - $2,045

2-3 Beds

Palmview Cove Apartments

Palmview Cove Apartments

3151 S Babcock St,
Melbourne, FL 32901

$1,325 - $1,850

1-3 Beds

Meadowdale Apartments

Meadowdale Apartments

248 E University Blvd,
Melbourne, FL 32901

$1,099 - $1,509

Studio - 2 Beds

Manatee Cove

Manatee Cove

746 Madelyn Way,
Melbourne, FL 32901

$1,268 - $1,467

2-3 Beds

Stonewood Townhomes

Stonewood Townhomes

325 E University Blvd,
Melbourne, FL 32901

$1,225 - $1,395

1-2 Beds

Melbourne Commons

Melbourne Commons

3227 S Babcock St,
Melbourne, FL 32901

$880 - $960

2-4 Beds

Houses for Rent in Downtown Melbourne

2302 Ruffner Rd

2302 Ruffner Rd,
Melbourne, FL 32901

$3,500

3 Beds | 4 Baths

408 Niblick St

408 Niblick St,
Melbourne, FL 32901

$3,750

3 Beds | 2 Baths

356 Vesta Cir

356 Vesta Cir,
Melbourne, FL 32901

$2,100

2 Beds | 1 Bath

1905 Stockton St

1905 Stockton St,
Melbourne, FL 32901

$3,690

3 Beds | 2.5 Baths

2513 Lipscomb St

2513 Lipscomb St,
Melbourne, FL 32901

$1,400

2 Beds | 2 Baths

519 Williams St

519 Williams St,
Melbourne, FL 32901

$1,350

2 Beds | 1 Bath

View More Houses for Rent in Downtown Melbourne

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.