If you’re looking for affordable apartments for rent in Adelaide, chances are you’re trying to budget your living situation.
And this is a good place to start. Living in Adelaide on a budget is totally doable, especially compared to the capital cities of Sydney or Melbourne, that we all know.
Having said that, more and more people are uncovering the gem that is South Australia’s capital city. So much so that the median rent reached new highs mid-2022, recording some of the strongest rental growth in the country. Corelogic figures released in December 2022 showed the median rent in Adelaide at $518.
Fortunately for renters, a recent report from Corelogic has seen a ‘notable slowdown in Adelaide, where dwelling rent appreciation was 1.4% in the December quarter’. Although it isn’t clear this trend will last, there’s no time like the present to look for your next Adelaide rental.
Adelaide remains one of the most affordable capital cities to live in, just behind Melbourne. So, to get you inspired, here’s this week’s round up of the cheapest apartments for rent in Adelaide.
Cheapest 1 bedroom apartments for rent in Adelaide
Price: $275/week
Calling all students, this 1-bedroom apartment is a glimpse into private apartment living in the city. With shared amenities and fully furnished apartments, these are ready to move into. Just a 5-minute walk to both Adelaide University and University of South Australia, getting to class on time will be easy!
But even non-students are welcome. With 24-hour security, air-conditioning and your own private balcony, any renter would be happy here.
Price: $395/week
This modern one-bedroom apartment boasts a prime spot in the city, offering easy access to popular Rundle Street destinations like shopping malls, cafes, and attractions. Just step out onto your balcony and you can gaze out over the gorgeous Adelaide hills.
The apartment is also conveniently close to Hutt Street and local universities, so students would be content here.
Cheapest 2 bedroom apartments for rent in Adelaide
Price: $460 to $480/week
Location, location, location is what this two-bedroom apartment is about. Nested in the heart of Adelaide’s east end, you’re just a short distance away from Rundle Street, Rundle Mall, Hutt Street, and all the amenities and attractions the east end has to offer.
It comes fully furnished which means students and those new to the city can settle in in no time.
Price: $480/week
Set in an enviable location in an amenity-filled complex is this lovely 2-bedroom apartment. If you’re a tennis enthusiast, looking to be close to tennis court to play everyday, look no further.
When you do decide to venture out, Rundle Mall, University of Adelaide, shops, cafes and the charming green parklands await.
Price: $490/week
Be in vacation mode all day in this tropical style condominium. Two spacious bedroom with built-in-wardrobes mean families and roommates have plenty of private and shared space.
Those who like to host will enjoy a full sized kitchen as well as a wonderful balcony that looks over the lush gardens.
Cheapest 3 bedroom apartments for rent in Adelaide
Price: $495/week
This cool, modern 3-bedroom apartment is situated in a prime location in the heart of Adelaide city, just a three-minute walk from the bustling Chinatown, the Adelaide Central Market, and Gouger Street’s renowned restaurants and cafes.
It is also conveniently close to transportation, shopping and all that Adelaide has to offer right at your doorstep. This is perfect for a small family or group of friends looking for a sharehouse.
Price: $475/week
With a ground floor spot and open layout on a tree-lined street, this three-bedroom apartment is convenient and easy to access. The living area is instantly welcoming, with a big balcony that lets in tons of natural light.
This location is a winner—just a stone’s throw away from some beautiful green parklands on the south side of the city. You can take a leisurely walk or bike ride along the tree-lined paths to get to the CBD, and there are also buses and trams nearby.
On weekends, you can even head down to the Farmer’s Markets at the Showgrounds, grab a coffee or brunch on King William Street or Goodwood Road. It’s the perfect spot for anyone who loves being outdoors and enjoying all that the city has to offer.
Looking for your dream home in Adelaide?
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