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Cost of living in Sydney: rent, income and house prices

The median Sydney suburb rents for $522 a week, and rent takes about 23% of local household income. Medians over 416 suburbs from the ABS Census 2021, with sale prices where open data exists.

By Formada3D research · Updated 10 October 2026

Measure (Sydney, median suburb)Value
Median weekly rent$522
Cheapest tenth of suburbs (rent at or below)$400/wk
Dearest tenth of suburbs (rent at or above)$705/wk
Median weekly household income (2021 census)$2,293
Rent as a share of household income23%
Household income for rent at 30% of income$1,742/wk
Median house price$1,808,000
Suburbs counted416

How much does it cost to rent in Sydney?

The median Sydney suburb has a median weekly rent of $522 (about $27,170 a year), from ABS Census 2021 (whole-suburb medians). The cheapest tenth of suburbs rent at or below $400/wk and the dearest tenth at or above $705/wk. Census 2021 is the latest suburb-level rent we can use under an open licence, so current advertised rents will be higher.

What income do you need to live in Sydney?

To keep rent at or under 30% of household income (a common affordability rule of thumb) in the median Sydney suburb, a household would need about $1,742/wk ($90,567/yr) before tax. The median household in those suburbs earned $2,293/wk in the 2021 census, so rent took about 23% of it.

What are the cheapest suburbs to rent in Sydney?

Among suburbs with at least 2,000 residents and a real rental market (rent of $250/wk or more), the lowest median rents are Sadleir ($250), South Granville ($263), Ashcroft ($295), Heckenberg ($300), Carramar ($300). Full table below.

How much do houses cost in Sydney?

The median house price in the median Sydney suburb is $1,808,000 and the median unit price $905,000 (NSW DCJ Rent and Sales Report, Jan–Mar 2026). That is about 15.2 times the median household income in those suburbs ($119,236/yr, 2021 census). Treat it as indicative: the price and income periods differ.

Where does rent take the smallest share of income in Sydney?

Rent takes the smallest share of local household income in Bungarribee (15%), Hunters Hill (16%), Chifley (17%), Lilyfield (18%), Curl Curl (18%). It takes the biggest bite in the dearest suburbs, led by Balgowlah Heights, Longueville, Castlecrag.

Cheapest suburbs to rent in Sydney

SuburbMedian rent / wkMedian household income / wkRent as % of income
Sadleir$250$94626%
South Granville$263$1,10424%
Ashcroft$295$1,08927%
Heckenberg$300$1,15926%
Carramar$300$1,07328%
Fairfield East$300$1,21225%
Riverwood$300$1,21025%
Warwick Farm$327$1,13229%
Busby$330$1,16328%
Canley Vale$330$1,33025%

Most expensive suburbs to rent in Sydney

SuburbMedian rent / wkMedian household income / wkRent as % of income
Balgowlah Heights$1,320$4,68728%
Longueville$1,100$4,89422%
Castlecrag$1,010$4,67522%
Davidson$1,000$3,25431%
East Killara$1,000$3,00533%
Riverview$1,000$4,73121%
Castle Cove$1,000$3,43929%
East Lindfield$990$3,45729%
North Wahroonga$950$3,18930%
St Ives Chase$950$3,30629%

Rent and income are ABS Census 2021 medians for the whole suburb (census night, August 2021), so today's market rents are higher. Suburbs under 2,000 residents and rents under $250/wk (near-zero rental markets) are left out of the lists. Sale prices: NSW DCJ Rent and Sales Report. Guidance only. No city, agent or developer can pay for placement here. How we rank suburbs.

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