Average rent in Carlton North - Princes Hill, VIC — 2026

Carlton North - Princes Hill is part of the Yarra council area and sits 3km out from the Melbourne CBD, with around 8,186 residents at the 2021 ABS Census. Renters here typically pay $541/week, which is above the Victoria median of $363/week. About 48% of households rent — the rest are owners or paying down a mortgage.

$541/wk

ABS 2021 Census median

Where rent has gone since 2021 is unknown — up or down? Be the first to report it and help everyone else searching Carlton North - Princes Hill.

Report rent for Carlton North - Princes Hill

Anonymous. Your report improves accuracy for everyone searching rent in this suburb.

Select a quarter to report

No reports yet
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
2026

Selected: 2026 Q2

$

Checking you're human — this keeps spam submissions out of the data.

Anonymous. We don't store your identity or link this to any account. Reports are aggregated into suburb-level statistics only.

Suburb at a glance

Population
8,186

ABS 2021

Median age
34
Distance to Melbourne
3 km
Households renting
48%
Separate houses
8%
Flats / apartments
23%
Born overseas
23%
Top occupation
Professionals
LGA
Yarra

Renting in Carlton North - Princes Hill

Renting in Carlton North - Princes Hill costs more than most of Victoria — the typical renter pays $541/week, which is 49% above the state median of $363/week (ABS Census 2021). The suburb is mostly renters (48%) living mostly in flats and apartments (23%), which fits the inner-Melbourne pattern. About 23% of residents were born overseas, and Professionals is the biggest occupation category. Carlton North - Princes Hill is 3km from the CBD — close to jobs, transit, and the kind of inner-city amenity that pushes rent up. Applications close fast and competition is real. State rent indices have moved a lot since 2021, so the live figure above matters more than the Census baseline.

Frequently asked questions

What's the median rent in Carlton North - Princes Hill?+
Based on ABS Census 2021 data, the median weekly rent for households in Carlton North - Princes Hill, VIC was $541. Where renters have submitted recent reports through RenterSay, the live figure shown above reflects post-2021 changes. State rent indices like CoreLogic and Domain suggest the 2021 baseline is now several years stale — treat it as the historical anchor, not the current asking price.
How does Carlton North - Princes Hill rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Carlton North - Princes Hill came in at $541 — 49% above. Carlton North - Princes Hill sits 3km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 8% separate houses and 23% flats).
Which suburbs near Carlton North - Princes Hill have lower rent?+
A few nearby suburbs come in cheaper than Carlton North - Princes Hill's $541/week (ABS 2021): Port Melbourne, Glen Iris - East, Keysborough - South. On the higher end, you've got Balwyn North, Port Melbourne Industrial, Brighton (Vic.). Just remember that cheaper rent doesn't always mean better value — commute times, transit access, and the actual condition of the housing stock matter too. You can add to the live picture for your area using the rent submission form below.

Nearby suburbs in VIC

Tarneit - Central

$380/wk

Beaumaris

$612/wk

Brighton East

$602/wk

Brighton (Vic.)

$600/wk

Port Melbourne Industrial

$585/wk

Balwyn North

$554/wk

Renting in VIC?

Know your rights as a renter — state laws, repair obligations, bond rules and more.

VIC renter resources →

Contact us · Privacy · Terms