Average rent in Montrose, VIC2026

Montrose is part of the Yarra Ranges council area and sits 34km out from the Melbourne CBD, with around 6,943 residents at the 2021 ABS Census. Renters here typically pay $365/week, which is above the Victoria median of $363/week. About 8% of households rent — the rest are owners or paying down a mortgage.

$365/wk

ABS 2021 Census median

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Suburb at a glance

Population
6,943

ABS 2021

Median age
41
Distance to Melbourne
34 km
Households renting
8%
Separate houses
92%
Flats / apartments
4%
Born overseas
15%
Top occupation
Technicians and Trades Workers
LGA
Yarra Ranges

Renting in Montrose

Montrose runs roughly with the Victoria state median — renters typically pay $365/week, close to the $363/week state baseline (ABS Census 2021). Most households here own (88% are owners or paying off a mortgage) and only 8% rent. Separate houses dominate the housing stock (92%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 41 and a population around 6,943. The most common occupation is Technicians and Trades Workers, and 15% of residents were born overseas. Montrose is 34km from Melbourne, 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.

Frequently asked questions

What's the median rent in Montrose?+
According to the ABS 2021 Census, the median weekly rent in Montrose, VIC was $365. 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 Montrose rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Montrose came in at $365 — 1% above. Montrose sits 34km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 92% separate houses and 4% flats).
Which suburbs near Montrose have lower rent?+
A few nearby suburbs come in cheaper than Montrose's $365/week (ABS 2021): Manor Lakes - Quandong, Melbourne CBD - North, Seabrook. On the higher end, you've got Pakenham - North West, Sydenham, The Basin. 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

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