Melbourne · Budget
Melbourne apartments under $1,500/month
If you're looking under $1,500 per month, you're looking at studios in mid-tier neighborhoods, sharing 2-beds, or living slightly farther from campus. The neighborhoods below in Melbourne fit this budget.
Best neighborhoods under $1,500/month in Melbourne
Carlton
Carlton is UniMelb's home — Lygon Street's Italian dining, Royal Exhibition Building, walk to campus.
$1,300 – $2,900/mo
Parkville
Parkville is immediately west of UniMelb — Royal Park, hospital district, quieter than Carlton.
$1,400 – $3,000/mo
Brunswick
Brunswick is north of Carlton — Sydney Road's Middle Eastern + Mediterranean food, more affordable, tram to UniMelb.
$1,100 – $2,500/mo
Clayton
Clayton is Monash's home — south-east Melbourne, walkable to Monash Clayton campus.
$1,100 – $2,400/mo
Caulfield
Caulfield is Monash's smaller campus neighbourhood — walking distance to Monash Caulfield, train to city.
$1,200 – $2,600/mo
Universities in Melbourne
Frequently asked questions
Can I really find apartments under $1,500/month in Melbourne?
Yes — 5 of our covered Melbourne neighborhoods have units under $1,500/month, especially Carlton, Parkville, Brunswick.
Will I need a roommate to stay under $1,500/month in Melbourne?
Often yes — sharing a 2-bed is the most reliable way to stay under $1,500/month in Melbourne without sacrificing safety or commute.