Median rent for residential apartments in as of May, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
31,194 Melbourne VIC, Australia apartments for rent
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Housing Trends
Melbourne VIC, Australia Housing Trends
Average rent in Melbourne: $1,647 (-2.5%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed apartments | $1,088 | -3% |
| 2 bed apartments | $1,625 | -2% |
| 3 bed apartments | $1,757 | -5.1% |
| 4+ bed apartments | $1,848 | -8.4% |
Over the May 2021, the average rent for an apartment in/near Melbourne VIC, Australia decreased by 2.5% to 1.647 AU$.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at 1.088 AU$ with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you 1.625 AU$. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for 1.757 AU$. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around 1.848 AU$ for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Townhouse rentals | $2,003 | +1.8% |
| Apartment rentals | $1,496 | -5% |
| Room rentals | $787 | -11.4% |
| House rentals | $1,716 | -7.4% |
Looking at the median rent price for an apartment in Melbourne VIC, Australia, you can note that it remains flat with a price tag of 1.496 AU$. The median rent for a house is still 1.716 AU$ with no significant changes this month. If you’re looking for a room, the price tag still starts at 787 AU$. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at 2.003 AU$.