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|Rent Price||May||vs Last Month|
|1 bed apartments||$1,088||-3%|
|2 bed apartments||$1,625||-2%|
|3 bed apartments||$1,757||-5.1%|
|4+ bed apartments||$1,848||-8.4%|
Over the May 2021, the average rent for an apartment in/near Melbourne VIC, Australia decreased by 2.5% to 1.647 AU$.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at 1.088 AU$ with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you 1.625 AU$. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for 1.757 AU$. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around 1.848 AU$ for a big-family home.
|Rent Type Price||May||vs Last Month|
Looking at the median rent price for an apartment in Melbourne VIC, Australia, you can note that it remains flat with a price tag of 1.496 AU$. The median rent for a house is still 1.716 AU$ with no significant changes this month. If you’re looking for a room, the price tag still starts at 787 AU$. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at 2.003 AU$.
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