*Updated on 23 May 2024
Looking for budget-friendly rental properties in Geelong? You’re in the right place! Geelong, VIC, offers a vibrant lifestyle with affordable living options, making it perfect for those seeking rental properties in VIC 3220.
The city’s median rent for houses is $520 and for units, it’s $500, providing great value in a sought-after location. From stunning waterfront views to top-notch local schools and a bustling shopping and dining scene, Geelong has it all.
Plus, with its proximity to Melbourne, it’s an ideal spot for city workers desiring a more relaxed lifestyle. Whether you’re just starting your rental journey or ready to explore homeownership, our guide to cheap rentals in Geelong will help you find the perfect place.
Note: Some properties on our list might have already been leased, but no stress! When there’s one there are others. Keep these suburbs in mind when you set up your match profile on Soho. We’ll send you property matches as soon as new listings come onto the market, so you don’t miss a beat.
Cheap rentals in Geelong under $400/week
$245/week – 3/18 Petkell Parade, Grovedale, VIC
Discover an affordable rental opportunity with this cozy room in a shared house located on Petkell Parade, Grovedale. Ideal for students, professionals, or anyone seeking a comfortable living space in a convenient location, this property offers great value and a friendly community atmosphere.
The room is part of a well-maintained house with shared access to modern amenities. You’ll enjoy a spacious living area, a fully equipped kitchen, and a clean, tidy bathroom. The house is situated in a quiet neighborhood, providing a peaceful environment to relax and study or work.
Amenities
- Bedrooms: 1 (private room in shared house)
- Bathrooms: Shared bathroom
- Fully equipped shared kitchen
- Spacious shared living area
- Quiet, friendly neighborhood
- Close to local shops, parks, and public transport
- Ideal for students and professionals
- Affordable rent
This rental room is perfect for those seeking a budget-friendly option without sacrificing comfort and convenience. With easy access to local amenities and public transport, it’s an excellent choice for anyone looking to live in Grovedale.
See more rentals in Grovedale VIC 3216.
$300/week – 6A Grant Street, Colac, VIC
Perfectly situated between Murray Street and Lake Colac, this charming 2-bedroom unit on Grant Street is an ideal choice for those looking to downsize without compromising on comfort and security. With a practical layout and a convenient location, this cozy home offers everything you need for a relaxed lifestyle.
The main bedroom features a built-in robe, and the practical kitchen is well-equipped for all your culinary needs. Enjoy the convenience of a private backyard, perfect for outdoor relaxation. The unit also comes with a carport, providing secure parking for your vehicle.
Amenities
- Bedrooms: 2
- Bathrooms: 1
- Main bedroom with built-in robe
- Practical kitchen
- Private backyard
- Carport for secure parking
- Short walk to the center of town
- Close to Lake Colac and Murray Street
This cozy unit is perfect for anyone seeking a comfortable and secure home in a prime location. With easy access to Colac’s town center and the beautiful Lake Colac, it offers the best of both convenience and tranquility. Don’t miss the opportunity to make this delightful unit your next home.
See more rentals in Colac VIC.
Leased $310/week – 10b Harpur Road, Corio, VIC, 3214, Australia
Situated just a short distance from Corio Central Shopping Centre and offering almost direct access to the Geelong Ring Road and Princes Highway, this well-maintained 2-bedroom unit on Harpur Road, Corio is perfect for those seeking convenience and comfort.
The property features two large bedrooms with built-in robes, providing ample storage space. The open-plan kitchen and dining area create a welcoming environment for meals and gatherings, while the separate lounge offers a cozy space for relaxation.
The bathroom includes a bathtub, perfect for unwinding after a long day. Additionally, the private courtyard and garden shed add practicality and outdoor enjoyment to this lovely home.
Amenities
- Bedrooms: 2 (both with built-in robes)
- Bathrooms: 1 (with bathtub)
- Open-plan kitchen and dining area
- Separate lounge
- Private courtyard
- Garden shed
- Close to Corio Central Shopping Centre
- Easy access to Geelong Ring Road and Princes Highway
This property is ideal for small families, couples, or professionals looking for a comfortable and conveniently located home in Corio. Enjoy the benefits of nearby shopping, easy commuting, and a private outdoor space. Don’t miss out on this excellent rental opportunity.
See more rentals in Corio VIC.
$320/week – 15 Thrush Street, Norlane, VIC
Perfectly located just minutes away from public transport, schools, shopping centres, and the Ring Road, this charming 2-bedroom home on Thrush Street, Norlane offers both convenience and comfort.
Ideal for small families, couples, or professionals, this property provides a welcoming atmosphere and a range of desirable features.
The home comprises two bedrooms, both equipped with built-in robes. The kitchen and meals area feature gas cooking and ample cupboard space, while the large lounge offers lovely views to the front of the property. Polished timber floors throughout add a touch of elegance and warmth.
Amenities
- Bedrooms: 2 (both with built-in robes)
- Bathrooms: 1
- Kitchen/meals area with gas cooking and ample cupboard space
- Large lounge with front property views
- Polished timber floors
- Reverse cycle split system for heating and cooling
- Side drive for off-street parking
- Large, private rear yard
- Convenient location near public transport, schools, shopping centres, and Ring Road
This property is perfect for those seeking a comfortable and convenient lifestyle in Norlane. With easy access to essential amenities and a large, private yard, it offers both privacy and practicality.
Don’t miss out on the opportunity to make this delightful home your own. Be sure to check the advertised open times on the day of inspection, and remember to bring your PHOTO ID.
See more rentals in Norlane VIC 3214.
Leased at $340/week – 4/52 Church Street, North Geelong, VIC, 3215, Australia
Enjoy the convenience of city living with this neat and tidy 2-bedroom unit on Church Street, North Geelong. Bordering Geelong West and just a short drive to the city centre, this property is located only meters from the cosmopolitan Pakington Street Shopping strip and has public transport right outside your doorstep.
The unit features two spacious bedrooms, each with large built-in robes for ample storage. The kitchen provides plenty of cupboard space and is equipped with gas cooking appliances, perfect for meal preparation.
The cozy lounge includes a split system unit for year-round comfort. A functional bathroom with a shower and a spacious laundry add to the practicality of this home. Additionally, the property includes a single carport for secure parking.
Amenities
- Bedrooms: 2 (both with large built-in robes)
- Bathrooms: 1 (functional bathroom with shower)
- Kitchen with ample cupboard space and gas cooking appliances
- Cozy lounge with split system unit
- Spacious laundry
- Single carport
- Convenient location near Pakington Street Shopping strip
- Public transport right outside the doorstep
- Short drive to the city centre and Geelong West
This property is ideal for those seeking a convenient and comfortable lifestyle in North Geelong. With easy access to shopping, public transport, and the city centre, it offers the perfect blend of accessibility and comfort. Don’t miss out on this excellent rental opportunity.
See more rentals in North Geelong VIC.
$350/week – 4/380 Tower Road, Portarlington, VIC
Discover the charm of rural living with this clean and cozy studio-style unit located on Tower Road, Portarlington. Ideal for one person, this semi-furnished unit offers a comfortable living space in a peaceful setting, just a short walk from the Portarlington Golf Club.
The unit features a large single living and sleeping space, complemented by a very spacious newly renovated bathroom. The kitchen is well-equipped and practical.
The unit comes semi-furnished with a Queen bed, Smart TV, TV cabinet, built-in robe/storage, a small table with two chairs, fridge, and microwave.
Amenities
- Bedrooms: Studio (single living/sleeping space)
- Bathrooms: 1 (newly renovated, spacious)
- Semi-furnished with Queen bed, Smart TV, TV cabinet, built-in robe/storage, small table with two chairs, fridge, and microwave
- Well-equipped kitchen
- Ample parking space in front of the unit
- Shared laundry facilities
- BBQ area and use of shared pool for tenants
- Electricity and fast NBN included in the rent
- Quiet rural location close to Portarlington Golf Club
See more rentals in Portarlington VIC.
$350/week – 9/68-72 Osborne Avenue, North Geelong, VIC
Are you looking for the perfect family rental property? Look no further! This charming 1-bedroom unit on Osborne Avenue, North Geelong offers comfort and convenience in a fantastic location.
The unit features cozy carpet in both the lounge room and bedroom, ensuring a comfortable living space. The bedroom includes a built-in robe for all your storage needs. The bathroom is well-appointed with a separate bathtub, shower, and ample storage space.
The modern, open-plan kitchen is equipped with an electric cooktop, oven, and dishwasher, providing plenty of storage to keep your kitchen tidy and organized. The bright and welcoming atmosphere is enhanced by a split system for heating and cooling, ensuring comfort all year round.
Amenities
- Bedrooms: 1 (with built-in robe)
- Bathrooms: 1 (separate bathtub and shower, ample storage)
- Cozy carpet in lounge room and bedroom
- Modern open-plan kitchen with electric cooktop, oven, and dishwasher
- Split system for heating and cooling
- Low-maintenance courtyard for relaxation
- Private storage room located underneath a single carport
- Conveniently situated just a 10-minute drive to Geelong CBD and Pakington Street
This unit is perfect for singles or couples looking for a comfortable and convenient home in North Geelong. With easy access to shopping, dining, and entertainment options, this property offers the best of both comfort and location. Don’t miss out on this fantastic rental opportunity—register online today!
See more rentals in North Geelong VIC 3215.
$395/week – 1 Old Geelong Road, Point Lonsdale, VIC
This inviting 2-bedroom home on Old Geelong Road, Point Lonsdale offers an abundance of outdoor space, perfect for creating your own private oasis. The property features a beautifully landscaped front yard and a spacious backyard, ideal for relaxation and outdoor activities.
The U-shaped kitchen, with its north-facing window, provides plenty of space for cooking and is equipped with an upright electric cooktop and double sink.
The large dining area adjacent to the kitchen is sun-drenched, creating a warm and welcoming atmosphere. The lounge area, located across the entryway, features large windows and an electric wall heater, ensuring comfort year-round.
Amenities
- Bedrooms: 2 (both with built-in robes)
- Bathrooms: 1 (separate bath and shower, single vanity, separate toilet off the laundry space)
- U-shaped kitchen with ample cooking space and double sink
- Large dining area with north-facing windows
- Spacious lounge with large windows and electric wall heater
- Single car garage with secure gated rear yard
- Large undercover rear pergola and deck
- Fully fenced yard with a beautiful garden
- Located across from child care and walking distance to local schools, beaches, and cafes
See more rentals in Point Lonsdale VIC 3225.
Conclusion
Geelong is more than just an affordable place to rent; it’s a city brimming with opportunities and a wonderful quality of life.
Whether you’re exploring its beautiful waterfront, enjoying the local cafes, or making the most of its proximity to Melbourne, Geelong offers a lifestyle that’s hard to beat.
Keep an eye on our latest listings and set up your match profile on Soho to stay updated with the newest rental properties in Geelong, VIC 3220. Start your journey towards finding the perfect rental home today, and experience all that this fantastic city has to offer.
Geelong is a great place to rent, with stunning waterfront views, top-notch local schools, and a lively shopping and dining scene.
Plus, it’s just a stone’s throw away from Melbourne, making it the perfect location for city workers who crave a more relaxed lifestyle. And when you’re ready to hop on the property ladder, our round up of cheap houses for sale in Geelong will be perfect.
FAQs on finding cheap rentals in Geelong
Is there a rental shortage in Geelong?
Yes, Geelong is experiencing a rental shortage, driven by high interest rates, increased maintenance costs, and a rise in land tax. This situation is causing landlords to reconsider their participation in the rental market, tightening the availability of rental properties.
How much does it cost to live in Geelong?
Living in Geelong is relatively more affordable compared to larger cities like Melbourne and Sydney. Shared housing options, such as a single room in a share house, typically cost between AUD$120 – $150 per week.
For those preferring private accommodation, the starting price for renting an apartment, unit, or house is around AUD$250 per week.
Is Geelong a good place to live?
Geelong is considered a desirable place to reside, especially in its residential areas near the city center. The region boasts numerous parks, proximity to the foreshore, and a variety of dining options. It’s safe, though parking can be challenging without a street permit due to demand from city workers.
Will house prices drop in Geelong?
Over the past year, house prices in Geelong have seen a slight decrease of just over two percent. Despite this reduction, purchasing a home in the area still requires an investment of more than $700,000 on average.
How much is rent on average in Geelong?
On average, rent in Geelong ranges from $500 per week for houses to $450/week for apartments. Factors such as proximity to amenities, transport, and the beach can also influence the rent price.
Which city has the cheapest rent in Australia?
According to Corelogic, Melbourne has the cheapest rent in Australia. But this changes often in a dynamic market and Adelaide has been known to take Melbourne spot. Melbourne’s market relies heavily on internal and international migration because of the many universities in the Victorian capital.
How can I rent cheap as possible?
To save money on rent, it’s important to do your research and shop around. Look for properties that are a bit further out from the city center or in less trendy suburbs, as these tend to be more affordable.
Consider sharing a house or apartment with roommates to split the costs, and negotiate rent with landlords to try and secure a better deal. Be mindful of any additional costs such as utilities, parking, and maintenance fees when assessing the overall cost of renting.
What is the most expensive state in Australia to rent?
NSW is widely considered to be the most expensive state in Australia to rent in because of Sydney. Sydney is the most expensive city to rent a unit, sitting at an average of $575/week.
But Canberra is also one of the most expensive cities—renting a house in Canberra will cost you on average $680/week. But you can still find cheap rental properties in Canberra if you look in the right areas.
Factors such as a high demand for housing, limited supply, and a competitive rental market can all contribute to the high cost of living in these cities. However, rental prices can still vary depending on the specific suburb and type of property, so it’s important to do your research before making any decisions.
