cheapest and most expensive suburbs in Australia
Photo: iStock/Milan_Jovic.

Searching for a cheap rental property? You’re not alone. To help you find a good deal, we’ve ranked the most affordable and most expensive suburbs by state and territory.

Did your suburb make the list? Click the suburb links below to see rental properties in that area!

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If you’ve found a property (or even if you’re still looking), RentBond is a simple way to cover the initial costs of your rental bond before you move. RentBond is a bond payment plan offered through Rent.com.au. You can use the service to pay your rental bond in full at the beginning of a tenancy and repay it over the term of the lease.

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Sydney, New South Wales

Sydney’s most expensive suburbs

Rank Suburb Median rent
1 Seaforth $1,275
2 Northbridge $995
3 North Bondi $900
4 Clovelly $870
5 Fairlight $850
6 Naremburn $850
7 Birchgrove $798
8 Manly $795
9 Double Bay $790
10 Sydney $775

Sydney’s most affordable suburbs

Rank Suburb Median rent
1 Croydon Park $430
2 Gladesville $480
3 Eastlakes $480
4 Ashfield $490
5 Russell Lea $500
6 Summer Hill $540
7 Marrickville $542
8 Croydon $545
9 Lane Cove $550
10 Petersham $550

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Melbourne, Victoria

Melbourne’s most expensive suburbs

Rank Suburb Median rent
1 Albert Park $660
2 Balwyn North $650
3 Middle Park $643
4 Docklands $600
5 Fitzroy $600
6 Carlton North $595
7 Southbank $573
8 East Melbourne $560
9 Camberwell $550
10 Fitzroy North $550

Melbourne’s most affordable suburbs

Rank Suburb Median rent
1 West Footscray $378
2 Footscray $398
3 Brunswick West $400
4 Fawkner $400
5 Essendon $420
6 St Kilda East $420
7 Pascoe Vale $420
8 Flemington $423
9 Preston $430
10 Thornbury $430

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Brisbane, Queensland

Brisbane’s most expensive suburbs

Rank Suburb Median rent
1 Kenmore $575
2 Bulimba $530
3 Fairfield $530
4 Brisbane City $520
5 McDowall $520
6 St Lucia $500
7 Bardon $500
8 Paddington $490
9 Graceville $490
10 Wilston $490

Brisbane’s most affordable suburbs

Rank Suburb Median rent
1 Greenslopes $380
2 Wooloowin $380
3 Annerley $390
4 Lutwyche $390
5 Kedron $395
6 Taringa $400
7 Coorparoo $400
8 Moorooka $400
9 Stafford $400
10 Auchenflower $405

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Perth, Western Australia

Perth’s most expensive suburbs

Rank Suburb Median rent
1 Dalkeith $895
2 Swanbourne $650
3 Floreat $575
4 Shenton Park $535
5 Ardross $498
6 Applecross $495
7 Cottesloe $480
8 Brentwood $473
9 Nedlands $468
10 Mount Pleasant $465

Perth’s most affordable suburbs

Rank Suburb Median rent
1 Osborne Park $265
2 Wembley $270
3 Glendalough $270
4 Yokine $290
5 Tuart Hill $290
6 Maylands $300
7 Nollamara $310
8 Cloverdale $320
9 Redcliffe $320
10 Rivervale $330

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Adelaide, South Australia

Adelaide’s most expensive suburbs

Rank Suburb Median rent
1 Henley Beach $475
2 Adelaide $450
3 Brompton $440
4 Bowden $440
5 Norwood $420
6 Fulham Gardens $420
7 North Plympton $413
8 Prospect $410
9 Unley $409
10 Klemzig $405

Adelaide’s most affordable suburbs

Rank Suburb Median rent
1 Brooklyn Park $283
2 West Beach $298
3 Clarence Park $300
4 Glenside $330
5 Kensington Gardens $333
6 Richmond $335
7 Payneham $335
8 Broadview $340
9 Clearview $340
10 Blair Athol $340

You might also like:
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Hobart, Tasmania

Hobart’s most expensive suburbs

Rank Suburb Median rent
1 Rose Bay $550
2 New Town $520
3 Hobart $520

Hobart’s most affordable suburbs

Rank Suburb Median rent
1 Glenorchy $380
2 Mount Nelson $380
3 Warrane $382

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Darwin, Northern Territory

Darwin’s most expensive suburbs

Rank Suburb Median rent
1 Bayview $590
2 Jingili $520
3 Parap $500

Darwin’s most affordable suburbs

Rank Suburb Median rent
1 Nightcliff $300
2 Rapid Creek $350
3 Larrakeyah $390

Looking in the NT?
Search for rental properties in Darwin, NT

Search for rental properties in Launceston, TAS
Search for rental properties in Devonport, TAS

Canberra, Australian Capital Territory

Canberra’s most expensive suburbs

Rank Suburb Median rent
1 Canberra $730
2 Ainslie $700
3 Cook $625

Canberra’s most affordable suburbs

Rank Suburb Median rent
1 Red Hill $468
2 Waramanga $470
3 Braddon $500

Looking in the ACT?
Search for rental properties in Canberra, ACT

Search for rental properties in Belconnen, ACT
Search for rental properties in Bruce, ACT

Lauren Vardy
Content Manager at | Website

Lauren Vardy is author behind the Rent.com.au Blog, a site built to help renters find a home and navigate their renting journey. She is the Content Manager at Rent.com.au. Outside of work, she dabbles in all things health, fitness and houseplants.