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Market Insights: Student Housing price report in Melbourne

This report provides a detailed analysis of the real-time price trends for the city of Melbourne.

Rental Market Summary

The cost of an average rent in Melbourne for all rental types is €1,325 All data is current as of today, March 18, 2026.

Median price

€1,259

Rentals available today

777

Number of accommodations

945

Occupancy rate

17.78%

Source: Erasmus Play data

Rental price range

Rental price range - Price distribution data
Price rangeNumber of accommodations
€400-€5007
€500-€6006
€600-€70035
€700-€80052
€800-€90050
€900-€1,00092
€1,000-€1,10090
€1,100-€1,20099
€1,200-€1,30068
€1,300-€1,40079
€1,400-€1,50099
€1,500-€1,60057
€1,600-€1,70039
€1,700-€1,80032
€1,800-€1,90040
€1,900-€2,00022
€2,000-€2,10018
€2,100-€2,20016
€2,200-€2,30011
€2,300-€2,4006
€2,400+27
Total945
This chart shows 945 accommodations distributed across price ranges from €400 to €2,500. The most common price range is €1,100-€1,200 with 99 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
April 202688.889%
May 202688.254%
June 202689.101%
July 202693.651%
August 202676.72%
September 202673.545%
This chart shows availability over 6 months. Highest availability is in July 2026 at 94%, lowest in September 2026 at 74%.

Real-time Price Visualization

This map shows the real-time price trends for Melbourne. Prices shown are median prices.

Price Range - Price distribution by area
Price rangePrice
Lower price range€817
Price range 1€917
Price range 2€1,017
Price range 3€1,117
Price range 4€1,217
Price range 5€1,317
Price range 6€1,417
Price range 7€1,517
Price range 8€1,617
Price range 9€1,717
Price range 10€1,817
Price range 11€1,917
Price range 12€2,017
Higher price range€2,117
Total properties796
This map shows 796 properties across 42 areas. Prices range from €817 to €2,101.

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Request summary
Rachel WelchCalle de Abastos, 32, Aranjuez, Madrid
Lennart KarlAvenida de los Fueros, 10, Madrid
Monthly income€1,400
Deposit required€1,680
Next move in
Requests2
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Frequently Asked Questions

What is the average price for a private room in Melbourne?

The average price for a private room in Melbourne is €1,155 per month. This price is based on current market data from Erasmus Play.

What is the average price for a studio in Melbourne?

The average price for a studio in Melbourne is €1,413 per month. Studios offer more privacy and independence for students and young professionals.

What is the average price for a room in a residence or coliving in Melbourne?

The average price for a room in a residence or coliving in Melbourne is €1,372 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Melbourne?

There are currently 777 accommodations available in Melbourne. Looking ahead, 939 will be available in 6 months and 940 in 12 months. Availability changes daily, so we recommend checking regularly.