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 January 2026, the average apartment rent in Downtown Melbourne is $820 for a studio, $1,404 for one bedroom, $1,497 for two bedrooms, and $2,081 for three bedrooms. Apartment rent in Downtown Melbourne has decreased by -2.3% in the past year.

  • Studio

  • 285 sq ft

    Average Sq Ft

  • $820/month

    Average Rent

  • 1 BR

  • 673 sq ft

    Average Sq Ft

  • $1,404/month

    Average Rent

  • 2 BR

  • 950 sq ft

    Average Sq Ft

  • $1,497/month

    Average Rent

  • 3 BR

  • 1,285 sq ft

    Average Sq Ft

  • $2,081/month

    Average Rent

Transportation

67

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

Madison Midtown

Madison Midtown

1023 Gull Ln,
Melbourne, FL 32901

$1,620 - $2,750

1-3 Beds

Topaz Village

Topaz Village

100-210 E University Blvd,
Melbourne, FL 32901

$1,175 - $1,675

1-3 Beds

Palmview Cove Apartments

Palmview Cove Apartments

3151 S Babcock St,
Melbourne, FL 32901

$1,275 - $1,695

1-3 Beds

Legacy at Hibiscus Park

Legacy at Hibiscus Park

1450 Tradition Cir,
Melbourne, FL 32901

$1,367 - $2,878

1-3 Beds

The Village at Melbourne

The Village at Melbourne

3502 D'Avinci Way,
Melbourne, FL 32901

$1,425 - $1,950

2-3 Beds

Meadowdale Apartments

Meadowdale Apartments

248 E University Blvd,
Melbourne, FL 32901

$1,099 - $1,224

Studio - 2 Beds

Stonewood

Stonewood

325 E University Blvd,
Melbourne, FL 32901

$1,075 - $1,395

1-2 Beds

Melbourne Commons

Melbourne Commons

3227 S Babcock St,
Melbourne, FL 32901

$880 - $960

2-4 Beds

Riverview Apartments

Riverview Apartments

2716 Riverview Dr,
Melbourne, FL 32901

$950

Studio

Houses for Rent in Downtown Melbourne

409 E Melbourne Ave

409 E Melbourne Ave,
Melbourne, FL 32901

$4,000

4 Beds | 3 Baths

1318 Baker Dr

1318 Baker Dr,
Melbourne, FL 32901

$2,029

4 Beds | 2 Baths

1616 Elizabeth St

1616 Elizabeth St,
Melbourne, FL 32901

$2,300

3 Beds | 2 Baths

356 Vesta Cir

356 Vesta Cir,
Melbourne, FL 32901

$2,100

2 Beds | 1 Bath

519 Williams St

519 Williams St,
Melbourne, FL 32901

$1,350

2 Beds | 1 Bath

1921 S Park Ave

1921 S Park Ave,
Melbourne, FL 32901

$1,775

3 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 November 2025.