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Most affordable suburbs in Melbourne: rent vs income

Rent takes 12% of household income in Plenty, the lowest of any large Melbourne suburb, against 21% in the median suburb. Ranked from 208 suburbs, ABS Census 2021.

By BestSuburbs research · Updated 11 October 2026

Which Melbourne suburbs are the most affordable to rent in?

Measured as rent against local household income, the most affordable large Melbourne suburbs are Plenty (12%), Yallambie (15%), Ivanhoe East (15%), Eaglemont (16%), Kingsville (16%). In each, median rent takes that share of median household income (ABS Census 2021).

How many Melbourne suburbs keep rent under 30% of income?

205 of 208 suburbs with at least 2,000 residents have a median rent at or under 30% of median household income, the usual affordability rule of thumb. The median suburb is at 21%.

Where is rent least affordable in Melbourne?

Rent takes the biggest share of income in Ravenhall (155%), Coolaroo (33%), Box Hill (30%). Full list below.

Is a low rent share the same as a cheap suburb?

No. A suburb can have a high income and high rent and still rank well here. This page compares rent with local income, not with other suburbs. For plain rent levels see the cost of living page.

Top 25 most affordable suburbs in Melbourne

#SuburbRent as % of incomeMedian rent / wkMedian household income / wk
1Plenty12%$392$3,190
2Yallambie15%$340$2,320
3Ivanhoe East15%$451$2,977
4Eaglemont16%$453$2,866
5Kingsville16%$355$2,195
6Attwood16%$358$2,209
7Williams Landing16%$420$2,582
8Ashburton17%$455$2,743
9Point Cook17%$400$2,392
10South Kingsville17%$381$2,261
11Ascot Vale17%$370$2,192
12Aberfeldie17%$440$2,571
13Diamond Creek17%$430$2,508
14Malvern17%$450$2,606
15Derrimut18%$400$2,272
16West Footscray18%$351$1,989
17Malvern East18%$421$2,383
18Seabrook18%$361$2,042
19Taylors Hill18%$420$2,374
20Newport18%$471$2,657
21Essendon18%$380$2,132
22Canterbury18%$515$2,877
23Strathmore18%$450$2,506
24Glen Iris18%$450$2,491
25Oak Park18%$401$2,201

15 least affordable suburbs in Melbourne

#SuburbRent as % of incomeMedian rent / wkMedian household income / wk
1Ravenhall155%$1,500$966
2Coolaroo33%$335$1,025
3Box Hill30%$381$1,267
4Dallas30%$323$1,088
5Campbellfield29%$320$1,110
6Broadmeadows29%$331$1,151
7Thomastown29%$350$1,225
8Doncaster28%$450$1,592
9Carlton28%$365$1,292
10Burwood East27%$439$1,610
11Meadow Heights27%$346$1,274
12St Albans27%$325$1,205
13Clayton27%$400$1,494
14Keilor Park27%$392$1,468
15Fawkner26%$376$1,428

Rent and income are ABS Census 2021 whole-suburb medians (census night, August 2021), so today's market rents are higher. Suburbs under 2,000 residents and rents under $250/wk are left out. Guidance only; this is not a BestSuburbs score and no one can pay for placement. How we rank suburbs.

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Cost of living in MelbourneMoving to MelbourneMelbourne rankings