Sydney’s rental market is one of the highest in the country, but certain pockets are making it easy for tenants to find affordable homes. This guide is designed to help renters identify the top 10 affordable Sydney rental suburbs in 2016.
Newtown
This vibrant suburb in Sydney’s inner west enjoys an excellent city proximate location with a good mix of tenants and owner-occupiers. Charming restaurants and art locales make this a good suburb for potential renters. The average rent for a two-bedroom apartment is $680 per week.
Leichhardt
Leichhardt is just 5 km away from the CBD in Sydney’s inner west with quiet and leafy residential streets combined with a vibrant urban lifestyle. The average rent for a two-bedroom apartment in Leichhardt is $650 per week.
Kingsford
Kingsford in the east enjoys close CBD and beach proximity and comes with a relatively affordable price range, even though it fringes affluent neighbourhoods like Randwick and Coogee. The average rent for a two-bedroom apartment in Kingsford is $665 per week.
Marrickville
Marrickville is an inner city suburb in the west and is just 7 km away from the Sydney CBD. The suburb offers leafy streets and charming houses with an eclectic mix of families and professionals. The average rent for a two-bedroom apartment in Marrickville is $638 per week.
Parramatta
Parramatta enjoys the distinction of being another Sydney business district and is home to an eclectic mix of offices, cafes, restaurants, shopping centres and nightlife options. This makes it one of the most sought-after suburbs with a relatively affordable price tag. The average rent for a two-bedroom apartment in Parramatta is $440 per week.
Dee Why
Dee Why is 18 km away from the Sydney CBD and offers easy city access with an excellent outdoor lifestyle. The beach vibe and natural beauty of the suburb make it an appealing choice for tenants. The average rent for a two-bedroom apartment in Dee Why is $590 per week.
Maroubra
Maroubra is an eastern beachside suburb in Sydney and is 10 km away from the CBD. Maroubra also offers a wide range of amenities like shopping, entertainment and dining for residents. The average rent for a two-bedroom apartment in Maroubra is $680 per week.
Avalon Beach
Avalon Beach is located in Sydney’s northern beaches and is 37 km away from the CBD. The suburb is well known for its beachside outdoor lifestyle, making it an excellent upcoming and affordable suburb. The average rent for a two-bedroom apartment in Avalon Beach is $600 per week.
Rhodes
Rhodes is on its way to becoming one of the most sought after suburbs in Sydney with a healthy mix of shopping, entertainment, CBD access and dining. The average rent for a two-bedroom apartment in Rhodes ranges from $550-$600 per week.
Ryde
Ryde is just 13 km away from the CBD and offers an array of lifestyle amenities like sporting centres, swimming pools, eateries, bowling clubs, shopping and much more. The average rent for a two-bedroom apartment in Ryde is $510 per week.
If you’re looking to rent an apartment in Sydney in 2016, look at these affordable rental suburbs for your needs.