Average rent in Prospect, SA2026

Prospect is part of the Prospect council area and sits 5km out from the Adelaide CBD, with around 15,785 residents at the 2021 ABS Census. Renters here typically pay $350/week, which is above the South Australia median of $283/week. About 34% of households rent — the rest are owners or paying down a mortgage.

$350/wk

ABS 2021 Census median

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Suburb at a glance

Population
15,785

ABS 2021

Median age
37
Distance to Adelaide
5 km
Households renting
34%
Separate houses
68%
Flats / apartments
14%
Born overseas
29%
Top occupation
Professionals
LGA
Prospect

Renting in Prospect

Prospect commands one of the higher rent points in South Australia, with the typical renter paying $350/week — about 24% above the state median of $283/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (63% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (68%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 15,785, the median age is 37, and the most common occupation category is Professionals. Prospect is 5km from Adelaide. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.

Frequently asked questions

What's the median rent in Prospect?+
According to the ABS 2021 Census, the median weekly rent in Prospect, SA was $350. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does Prospect rent compare to South Australia?+
At the 2021 Census, South Australia's state median rent was $283 a week. Prospect sat at $350 — 24% above the state average. The suburb is 5km from Adelaide, and rent generally scales with how close you are to the CBD, transit links, and the local dwelling mix (68% separate houses, 14% flats here).
Which suburbs near Prospect have lower rent?+
Nearby suburbs with lower median rents than Prospect's $350/week (ABS 2021) include Mitcham (SA), Hahndorf - Echunga, Warradale. Happy Valley, Norwood (SA), Athelstone sit above. Bear in mind that lower nominal rent doesn't always reflect better value once you factor in commute time, transit access, and housing condition — the rent submission form below lets you contribute to the live picture for your area.

Nearby suburbs in SA

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