Renting costs

Here’s what you can expect to pay for rental properties or rooms in Melbourne. Keep in mind that when renting entire properties, these don’t include costs for electricity, gas, water, phone or internet. In Rooming Houses and some shared houses, the utilities should be included in the rent.

In addition to rent, you’ll typically also need to pay a refundable bond upfront, usually equivalent to 2, 4 or 6 weeks rent.

Rental comparisons 2019Shared accommodationStudio/1 bedroom apartments2 bedroom apartments
Caulfield$190 - 250$240 - 350$350 - 550
Clayton$170 - 270$200 - 285$300 - 450
Central Business District$200 - 400$300 - 600$450 - 600
Gippsland$130 - 170$150 - 180$200 - 280
Parkville$200 - 330$300 - 475$400 - 550
Peninsula$170 - 220$200 - 300$300 - 380