Melbourne offers a wide range of cheap apartments for budget-conscious travelers, especially in the central business district (CBD) and nearby suburbs like Malvern. These self-catering accommodations typically cost between $80 and $150 per night, providing excellent value with fully equipped kitchens, free WiFi, and amenities such as fitness centers, indoor pools, saunas, and rooftop gardens. Popular options include The Marker Apartments Melbourne (guest score 87) with city-view balconies, Lumina Suites (85) with an indoor pool and 24-hour front desk, and Flinders Street Apartments Melbourne CBD (80) featuring river views. Most are within walking distance of major landmarks like Federation Square, Crown Casino, and Southern Cross Station.
For families or longer stays, properties like The Sebel Melbourne Malvern (81) offer one- to three-bedroom apartments with designer bathrooms and a rooftop BBQ area, while Sakura Apartment (72) provides halal breakfast and a sauna. Keep in mind that many budget apartments charge extra for private parking and have limited reception hours - check ahead if arriving late. With guest scores ranging from 72 to 87, these apartments balance cost and comfort, making them ideal for travelers who prefer cooking their own meals and exploring Melbourne on a budget.