Average rent in North Melbourne, VIC — 2026

North Melbourne sits in the Melbourne local government area, 2km from the Melbourne CBD, with a population of around 15,637 at the most recent ABS Census (2021). The typical renter pays $381/week — above the Victoria state median of $363/week. 64% of households rent, and the rest own outright or are paying off a mortgage.

$381/wk

ABS 2021 Census median

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Suburb at a glance

Population
15,637

ABS 2021

Median age
31
Distance to Melbourne
2 km
Households renting
64%
Separate houses
4%
Flats / apartments
70%
Born overseas
42%
Top occupation
Professionals
LGA
Melbourne

Renting in North Melbourne

Rent in North Melbourne sits near the Victoria median ($363/week at the 2021 Census), with the typical renter paying $381/week. What stands out is the renter share — 64% of households here rent, which is well above the state-wide owner-occupier baseline. The housing mix tells the story: about 4% separate houses and 70% flats, the kind of transitional density you see in suburbs where new builds have layered in over older stock. Population is around 15,637, median age 31, and the most common occupation category is Professionals. 42% of residents were born overseas. The suburb sits 2km from Melbourne, and renter turnover here tends to run higher than in nearby owner-heavy areas at similar price points.

Frequently asked questions

What's the median rent in North Melbourne?+
According to the ABS 2021 Census, the median weekly rent in North Melbourne, VIC was $381. 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 North Melbourne rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while North Melbourne came in at $381 — 5% above. North Melbourne sits 2km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 4% separate houses and 70% flats).
Which suburbs near North Melbourne have lower rent?+
Nearby suburbs with lower median rents than North Melbourne's $381/week (ABS 2021) include Cranbourne West, Fawkner, Somerville. Essendon (West) - Aberfeldie, Endeavour Hills - South, St Kilda East 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 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

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