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House Hunting in Melbourne: Top Neighbourhoods to Rent a House

9 mins read
House Hunting in Melbourne: Top Neighbourhoods to Rent a House

Melbourne is a beautiful and vibrant city, widely regarded as the cultural capital of Australia. It’s no surprise then that many Aussies and new migrants alike flock to Victoria’s capital to work, study and raise their families. But with so many different neighbourhoods to choose from, it can be difficult to decide where to look for a rental property that meets your criteria.

If you’re currently on the hunt for a house to rent in Melbourne, we’ve created a helpful guide to assist with your search. We’ve compiled a list of the top neighbourhoods to rent a house, based on factors such as rental prices, proximity to amenities, and overall livability.

Top Neighbourhoods to Rent a House in Melbourne

1. Richmond

Located just 3km south-east of Melbourne’s CBD, Richmond is a trendy and vibrant neighbourhood that is highly sought after by renters. With an abundance of cafes, bars and restaurants, as well as easy access to public transport, it’s easy to see why Richmond is a popular choice. Rental properties in this area range from cosy apartments to spacious family homes, and rental prices are competitive given its proximity to the city.

2. Brunswick

Brunswick is a trendy and diverse neighbourhood located just 6km north of the city centre. Popular among young professionals and students, Brunswick is home to an array of cafes, restaurants and bars, as well as many live music venues. Rental properties in this area range from apartments to spacious townhouses, and rental prices are generally affordable given the suburb’s slightly larger distance from the city centre.

3. Elwood

Located 8km south of the city centre, Elwood is a leafy and picturesque suburb that is highly prized by renters. Elwood is known for its stunning beach, as well as its array of parks and green spaces. Rental properties in this area are generally more expensive than other suburbs on our list, but tenants pay a premium for the unrivaled lifestyle. Properties available for rent in Elwood include spacious family homes, chic apartments and townhouses.

4. St Kilda

Located just 6km south of the city centre, St Kilda is a seaside neighbourhood that offers a unique lifestyle for renters. Known for its lively waterfront esplanade, Luna Park and the famous St Kilda Pier, this is a neighbourhood that offers something for everyone. Rental properties in St Kilda range from budget-friendly apartments to luxurious beachside properties, and rental prices are generally affordable compared to other waterfront suburbs.

5. Carlton

Carlton is a vibrant and cosmopolitan neighbourhood that is located just 2km north of Melbourne’s CBD. Known for its Italian roots and the famous Lygon Street restaurant precinct, Carlton offers renters an abundance of food and cultural experiences. Rental properties in this area range from quaint terrace houses to modern apartments, and rental prices are competitive given the suburb’s proximity to the city centre.

6. Fitzroy

Fitzroy is a quirky and vibrant neighbourhood that is located just 4km north-east of Melbourne’s CBD. Known for its trendy bars, cafes and boutique shops, Fitzroy is popular among young creatives and students alike. Rental properties in Fitzroy range from compact apartments to spacious homes, and rental prices are generally affordable given the suburb’s slightly larger distance from the city centre.

7. South Yarra

Located 4km south-east of Melbourne’s CBD, South Yarra is a chic and sophisticated neighbourhood that is highly prized by renters. Known for its designer boutiques, high-end restaurants and trendy bars, South Yarra offers tenants an unrivaled lifestyle. Rental properties in this area range from modern townhouses to luxurious penthouses, and rental prices are higher than other suburbs on our list.

8. Prahran

Located just 5km south-east of Melbourne’s CBD, Prahran is a bustling neighbourhood that is popular among renters. Known for its vibrant nightlife and an array of fashion boutiques, Prahran is a favourite among those who enjoy a lively and sociable lifestyle. Rental properties in Prahran range from period homes to modern apartments, and rental prices are generally more affordable than other waterfront suburbs.

9. Albert Park

Located just 3km south of the city centre, Albert park is a tranquil and picturesque neighbourhood that is highly prized by renters. Known for its stunning lake, as well as its array of parks and green spaces, Albert Park is a favourite among those who value an outdoor lifestyle. Rental properties in this area range from modest apartments to spacious family homes, and rental prices are generally more affordable than other waterfront suburbs.

10. Camberwell

Located 10km east of Melbourne’s CBD, Camberwell is a leafy suburban neighbourhood that is popular among families and professionals. Known for its charming streets, quality schools and proximity to parks and gardens, Camberwell offers renters a peaceful and secure lifestyle. Rental properties in this area range from quaint cottages to spacious family homes, and rental prices are generally more affordable than other more centrally located suburbs.

FAQs

What is the average rent per month for a house in Melbourne?

The average rent per month for a house in Melbourne varies based on the size and the location of the property. As of August 2021, the average monthly rent for a 1-bedroom apartment is approximately $1,700 AUD, while the average monthly rent for a 2-bedroom house is approximately $2,600 AUD.

Is it expensive to rent in Melbourne?

Rental prices in Melbourne can vary greatly depending on the location and the type of property you are looking for. While some neighbourhoods, such as South Yarra and Elwood, can be quite expensive, there are many more affordable suburbs available within driving or public transit distance of the city centre.

What do I need to rent a house in Melbourne?

Typically, in Melbourne, a rental application will ask for proof of identity, employment, and references. You may also need to provide bank statements, photo identification, rental history, and details of your current employment. It is also common practice for landlords to ask for a security deposit and upfront payment of your first month’s rent.

Where can I find more information about buying a house in Melbourne?

If you are thinking about purchasing a house in Melbourne, check out this helpful guide to buying a house in Melbourne. It offers tips and advice to make the buying process as smooth and stress-free as possible.

Conclusion

Melbourne offers a diverse range of neighbourhoods to rent a house, each with its own unique charm and character. We hope this guide has offered you some insight into the top neighbourhoods to consider during your house hunting journey. Remember to factor in your lifestyle, budget and accessibility needs to ensure that you find the right spot!

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