On a smaller budget, you could stay at Americas Best Value Inn Satellite Beach Melbourne, where prices are about 74US$ per night on average.
Where to stay in Satellite Beach?
Best cheap hotels in Satellite Beach
Convenience of staying in hotels downtown
If you are looking for a bit of privacy, an apartment, such as Las Olas Beach Club is a good option in Satellite Beach center, it comes with an outdoor swimming pool, a picnic area and a patio.