Rent affordability
See how much rent your salary supports, and compare typical rents across Australian cities before you lease.
Based on your salary, you can comfortably afford up to $519/week in rent ($2,250/month), about ₹29,077/week (approximate rate).
- 1 bedroom in MelbourneMedian $520/week Stretch
- 2 bedroom in MelbourneMedian $720/week Over budget
Median rents vary significantly by suburb. These figures are approximate city-wide medians. Inner-city areas cost significantly more; outer suburbs and regional areas cost less.
Median rents last updated: pending. Source to use: SQM Research.
Frequently asked questions
How is affordability worked out?
It compares rent with your take-home pay. A smaller share of income going to rent usually leaves more room for other costs.
Are the rents exact?
The medians are for planning and may not reflect a particular suburb. Check current listings before you decide.
What share of income should go on rent?
There is no single rule. Your other costs and savings matter as much as the share of income.