Average rent in Carlton, VIC — 2026

Carlton runs close to the Victoria median rent of $363/week, with renters paying around $365/week (ABS Census 2021). What separates Carlton from the state norm is its renter density — 72% of households are renters, well above the typical owner-occupier mix. The suburb's dwelling stock is mixed: 1% separate houses and 81% flats or apartments, suggesting a transitional profile where higher-density development has filled in around an established residential base. Population is around 16,655, the median age is 27, and the most common occupation is Professionals. 55% of residents were born overseas. At 2km from Melbourne, Carlton typically sees more rental turnover than owner-heavy suburbs at the same price point — useful context if you're comparing applications across nearby areas.