Topaz Village
100-210 E University Blvd,
Melbourne, FL 32901
$1,199 - $1,983 | 1-3 Beds
Downtown Melbourne
Melbourne, FL
Downtown Melbourne - Melbourne, FL
Area Guide
Welcome to downtown paradise
Beach
•
Ocean
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Tropical
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Walkable
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Historic
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Arts
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Culture
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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 March 2025, the average apartment rent in Downtown Melbourne is $775 for a studio, $1,346 for one bedroom, $1,407 for two bedrooms, and $1,821 for three bedrooms. Apartment rent in Downtown Melbourne has increased by 3.4% in the past year.
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Studio
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483 sq ft
Average Sq Ft
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$775/month
Average Rent
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1 BR
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667 sq ft
Average Sq Ft
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$1,346/month
Average Rent
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2 BR
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927 sq ft
Average Sq Ft
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$1,407/month
Average Rent
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3 BR
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1,238 sq ft
Average Sq Ft
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$1,821/month
Average Rent
Transportation
68
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.
56
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
Airports
- Melbourne Orlando International
Top Apartments in Downtown Melbourne
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 February 2025.