Average rent in Palmerston, ACT — 2026

Palmerston runs roughly with the the ACT state median — renters typically pay $450/week, close to the $446/week state baseline (ABS Census 2021). Most households here own (70% are owners or paying off a mortgage) and only 28% rent. Separate houses dominate the housing stock (60%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 36 and a population around 5,579. The most common occupation is Professionals, and 31% of residents were born overseas. Palmerston is 10km from Canberra, and rent trajectories here tend to track the state average rather than running ahead of it — but state rent indices have moved since 2021, so double-check against the live figure above.