Average rent in Fitzroy, VIC — 2026
Fitzroy sits in the Yarra local government area, 2km from the Melbourne CBD, with a population of around 10,431 at the most recent ABS Census (2021). The typical renter pays $451/week — above the Victoria state median of $363/week. 59% of households rent, and the rest own outright or are paying off a mortgage.
$451/wk
ABS 2021 Census median
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Suburb at a glance
- Population
- 10,431
- Median age
- 35
- Distance to Melbourne
- 2 km
- Households renting
- 59%
- Separate houses
- 3%
- Flats / apartments
- 59%
- Born overseas
- 31%
- Top occupation
- Professionals
- LGA
- Yarra
ABS 2021
Renting in Fitzroy
Renting in Fitzroy costs more than most of Victoria — the typical renter pays $451/week, which is 24% above the state median of $363/week (ABS Census 2021). The suburb is mostly renters (59%) living mostly in flats and apartments (59%), which fits the inner-Melbourne pattern. About 31% of residents were born overseas, and Professionals is the biggest occupation category. Fitzroy is 2km 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.
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