Average rent in Richmond - North, VIC — 2026

Richmond - North is part of the Yarra council area and sits 3km out from the Melbourne CBD, with around 13,867 residents at the 2021 ABS Census. Renters here typically pay $400/week, which is above the Victoria median of $363/week. About 60% of households rent — the rest are owners or paying down a mortgage.

$400/wk

ABS 2021 Census median

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Suburb at a glance

Population
13,867

ABS 2021

Median age
34
Distance to Melbourne
3 km
Households renting
60%
Separate houses
11%
Flats / apartments
66%
Born overseas
37%
Top occupation
Professionals
LGA
Yarra

Renting in Richmond - North

Renting in Richmond - North costs more than most of Victoria — the typical renter pays $400/week, which is 10% above the state median of $363/week (ABS Census 2021). The suburb is mostly renters (60%) living mostly in flats and apartments (66%), which fits the inner-Melbourne pattern. About 37% of residents were born overseas, and Professionals is the biggest occupation category. Richmond - North 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 Richmond - North?+
According to the ABS 2021 Census, the median weekly rent in Richmond - North, VIC was $400. 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 Richmond - North rent compare to Victoria?+
At the 2021 Census, Victoria's state median rent was $363 a week. Richmond - North sat at $400 — 10% above the state average. The suburb is 3km from Melbourne, and rent generally scales with how close you are to the CBD, transit links, and the local dwelling mix (11% separate houses, 66% flats here).
Which suburbs near Richmond - North have lower rent?+
A few nearby suburbs come in cheaper than Richmond - North's $400/week (ABS 2021): Croydon - West, Diggers Rest, Maribyrnong. On the higher end, you've got Cranbourne East - South, Hawthorn - North, Point Cook - East. 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

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