What does housing cost in Melbourne in 2026?

Housing in Melbourne runs to about €1,206 per month for a reference home of 45 m².

What is the average rent in Melbourne?

Asking rent in Melbourne stands at 1,411 €/month.

What are property prices in Melbourne?

To buy in Melbourne, expect 272,900 €.

Cost of Living in Melbourne, 2026: Rent, Groceries, Transport

Cost of living in Melbourne — 2026

Melbourne has 85,718 residents and lies in Floride. Median rent there comes to roughly €1,206 per month in 2026. To buy, expect 233,268 €. Median income is 55,136 €/year, meaning reference rent absorbs about 26% of monthly income.

Cost of living in Melbourne

Rent

Median rent: 1,206 €/month

Buy

Median home value: 233,268 €

Income

Median household income: 55,136 €/year

Local taxes

Median property tax paid: 1,635 €/year

Quality of life — Melbourne

Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023

32,3 %

Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023

14,4 %

Cities near Melbourne

Compare with neighbouring towns

Palm Bay16 km St. Cloud62 km Orlando67 km Alafaya69 km Kissimmee77 km Poinciana80 km Pine Hills95 km Port St. Lucie96 km

Compare directly

Melbourne vs Palm Bay Melbourne vs St. Cloud Melbourne vs Orlando Melbourne vs Alafaya

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