Is it us? Or are we always on the hunt for cheap Sydney apartments?
Sydney’s property market has always been a hot topic of discussion, with soaring prices that make us wonder why rent is so expensive in Sydney. However, despite the high cost of living, there are still affordable apartments available for those who know where to look.
In this article, we’ll be delving into the Sydney property market to highlight some of the best cheap apartments to buy and rent. From cozy studios to spacious apartments in Sydney, our top picks offer a variety of options to suit a smaller budget.
And if you find one that’s already sold or leased, fret not. Keep your eye out on that suburb by registering your match profile on Soho. We’ll send you new listings and property matches that suit your needs.
So, whether you’re a student, young professional, or small family, there’s something for everyone in the dynamic and diverse NSW capital. Join us as we take a closer look at the best cheap apartments in Sydney.
Further Reading: Leasing for professional reasons? Find out how much it costs to rent a commercial property in Sydney.
Cheap Sydney apartments for rent
$295/week – 7/58 Putland Street, St Marys, NSW, 2760, Australia
Size: 2 bedroom, 1 bathroom
Suburb median rent for units: $420/week
Located in the heart of St Marys, this apartment offers the perfect combination of comfort, convenience, and style. Situated on the first floor, the apartment features a spacious living area that opens up to a lovely balcony, perfect for entertaining. If you’re looking for cheap one bedroom apartments for rent in Sydney, St Marys should be at the top of your list.
The kitchen is modern and well-equipped with ample storage, while the updated bathroom adds a touch of luxury to your everyday routine. With two good-sized bedrooms and an internal laundry, this apartment has everything you need.
Plus, you can enjoy the convenience of a single carport. St Marys is a lovely suburb located in Western Sydney that offers a diverse range of attractions and amenities, including a thriving local community with plenty of shops and dining options, as well as easy access to nearby parks and recreational areas.
With its close proximity to the Sydney Central Business District and excellent public transportation, it’s an ideal location for those who work or study in the city.
Check out more apartments for rent in St Marys NSW.
$300/week – 7/7 Santley Crescent, Kingswood, NSW, 2747, Australia
Size: 2 bedroom, 1 bathroom
Suburb median rent for units: $450/week
Located in a peaceful complex, this two-bedroom apartment is the perfect place to call home. The unit is situated on the top floor, providing a quiet and serene living environment. You’ll love the convenience of living just minutes away from local shops, schools, and transportation, including the university.
The apartment has two good-sized bedrooms and a neat kitchen with an electric cooktop. The spacious living area comes complete with a split system air conditioning, perfect for year-round comfort.
The bathroom features a bathtub for your relaxation needs, while the private balcony is a lovely spot to enjoy your morning coffee. The lock-up, single-car garage offers peace of mind and additional storage.
Check out more apartments for rent in Kingswood NSW.
$300/week – 3/10 Thurston Street, Penrith, NSW, 2750, Australia
Size: 2 bedroom, 1 bathroom
Suburb median rent for units: $430/week
This lovely two-bedroom apartment in Penrith boasts a combined living and dining area that is good for relaxing or entertaining guests. The spacious kitchen is equipped with electrical cooking, making it easy to whip up delicious meals.
The balcony off the lounge room is the perfect spot to soak up the sun and enjoy a cup of tea or coffee.
The unit is conveniently located within walking distance to transport and Penrith CBD, offering easy access to a wide range of shops, restaurants, and entertainment options. The apartment also features an internal laundry and one car space.
Penrith is a vibrant suburb located in Western Sydney, NSW, that offers a diverse range of attractions and amenities. From its thriving local community to its many parks and recreational areas, there’s always something to see and do in Penrith.
Check out more apartments for rent in Penrith NSW.
$350/week – 1/20 Luxford Road, Mount Druitt, NSW, 2770, Australia
Size: 2 bedroom, 1 bathroom
Suburb median rent for units: $340/week
Located in a highly sought-after area, this quaint two-bedroom apartment offers the perfect combination of convenience and comfort. Centrally located close to Westfield shopping centre, local shops, schools, hospital, and public transport facilities, this unit is perfect for those who value easy access to amenities.
The apartment features a spacious modern kitchen that is perfect for those who love to cook. The two large bedrooms offer ample space and comfort, while the street-facing balcony is the perfect spot to enjoy your morning coffee or unwind after a long day.
The open living area offers plenty of space to entertain guests or spend time with family. The apartment also has a single garage and internal access to the laundry, making everyday tasks a breeze.
Check out more apartments for rent in Mt Druitt NSW.
$420/week – 13/14-18 Fourth Avenue, Blacktown, NSW, 2148, Australia
Size: 1 bedroom, 1 bathroom
Suburb median rent for units: $340/week
This apartment may be more expensive than the others, and have one less room, but it comes with a spacious living area which is great if you like to entertain.
The apartment boasts great natural sunlight, making it bright and welcoming. The main bedroom is huge and comes complete with a built-in robe, offering plenty of storage space.
The living and dining spaces are perfect for relaxing or entertaining guests, and there is even an option for a home office if needed.
The unit is located just a short 5-minute walk from the railway station and shopping centre, making it easy to access a wide range of amenities. Plus, with the park right across the street, you’ll enjoy a peaceful and picturesque setting.
Check out more apartments for rent in Blacktown NSW.
Cheap Sydney apartments for sale
$340,000-$36,000 – 25/34-36 Hythe Street, Mount Druitt, NSW, 2770, Australia
Size: 2 bedroom, 1 bathroom
Suburb median unit price: $413,750
Welcome to your new home! This beautifully styled second-floor apartment offers elevated treescape views that will take your breath away. The open lounge and dining space are filled with natural sunlight, making it bright and welcoming.
The easy outdoor flow onto a wide balcony overlooking Hythe Street is perfect for enjoying a cup of tea or coffee or relaxing after a long day. The well-maintained kitchen is equipped with quality steel appliances, making it easy to prepare delicious meals.
The two good-sized bedrooms each come with mirrored built-in robes, offering plenty of storage space. The tidy main bathroom offers a separate bath and shower and additional storage.
The apartment is conveniently located close to parks and sporting grounds, major shopping, and schools. This is the perfect opportunity to secure your own little piece of paradise at an affordable price.
Check out more apartments for sale in Mt Druitt NSW.
$369,950 – 10/158-160 Great Western Highway, Kingswood, NSW, 2747, Australia
Size: 2 bedroom, 1 bathroom
Suburb median unit price: $487,500
This affordable Sydney apartment for sale is situated on the first floor at the front of a small complex, offering privacy and a peaceful setting. Located just 300m from Kingswood train station, this apartment is perfect for commuters who need easy access to public transportation.
The unit also offers easy access to Nepean Hospital, Penrith CBD, Primary & High Schools, University of Western Sydney, and local shops.
The apartment features two light-filled bedrooms with laminate flooring and security shutters, offering a comfortable and peaceful setting to relax in. The north-facing balcony off the main bedroom is perfect for enjoying your morning coffee or relaxing after a long day.
The spacious open plan living and kitchen area boasts laminate flooring throughout, making it easy to clean and maintain. The neat and tidy bathroom is combined with laundry, and there is also a separate toilet for added convenience.
The kitchen is equipped with an electric upright cooker, making it easy to prepare delicious meals. The apartment also comes with a single lock-up garage and plenty of street and visitor parking.
Check out more apartments for sale in Kingswood NSW.
$379,950 – 30/17 Warby Street, Campbelltown, NSW, 2560, Australia
Size: 2 bedroom, 1 bathroom
Suburb median unit price: $510,000
Located close to Campbelltown CBD, this well-appointed two-bedroom apartment offers convenience and comfort. Situated on the fourth floor, the unit offers a great outlook from the living area and balcony, allowing you to relax and take in the views.
The unit is in close proximity to local amenities and Campbelltown Train Station, making it easy to get around and access everything the area has to offer. The apartment features two large bedrooms, both with built-in robes, providing ample storage space.
The beautifully finished kitchen with gas cooking is perfect for those who love to cook and entertain. The neat and tidy bathroom offers all the essentials you need. The living area is spacious and offers a view, making it a great place to hang out.
Check out more apartments for sale in Campbelltown NSW.
$389,000 to $409,000 – 9/322 Jamison Road, Penrith, NSW, 2750, Australia
Size: 2 bedroom, 1 bathroom
Suburb median unit price: $540,000
Tucked away in a quiet complex, this affordable apartment is perfect for the savvy investor or first home buyer looking for a great opportunity in the Western Sydney property market. Boasting a bright and open plan living space with a private balcony, this two-bedroom apartment is located in a sought-after location that is sure to impress.
The apartment features a modern kitchen with plenty of cupboard space, two generous bedrooms, and a bathroom with shower recess and bathtub. You’ll enjoy year-round comfort with the split system air-conditioning, and there’s even a separate laundry for added convenience.
Other features of this fantastic apartment include a single lock-up garage with storage area, and great entry-level purchase with scope for improvements.
Located just a short drive to Penrith CBD, this property is easily accessible to Western Sydney University, TAFE Campus, and the significantly upgraded Nepean District Hospital. With easy access to public transport, Penrith Train Station, bus services and the M4 motorway, this apartment is the perfect choice for anyone seeking convenience and a great lifestyle.
Check out more apartments for sale in Penrith NSW.
$420,000-$450,000 – 306/1 Griffiths Street, Blacktown, NSW, 2148, Australia
Size: 2 bedroom, 1 bathroom
Suburb median unit price: $500,000
This well-presented two-bedroom unit is in the heart of Blacktown. It is suitable for first home buyers, investors or small families, and provides an excellent opportunity to enter the competitive Western Sydney property market.
The apartment is situated in a secured complex with lift access and intercom, and has a generous sized living area that captures spectacular views. The open plan kitchen is equipped with modern stainless-steel appliances, a dishwasher, a stone benchtop, and electric cooking.
Additionally, the underground secure car park provides secure parking for one vehicle. The unit is great for those interested in exploring the vibrant nightlife and attractions of Sydney, with the Sydney CBD, Darling Harbour, Opera House, Circular Quay, and Hyde Park all within easy reach.
There’s also Bondi Beach for surfing which is just 45 minutes away on the M2.
At an average price, this apartment is a good choice for those who prefer to stay in apartments over houses, and it offers excellent rental returns for investors.
The property is also situated in a diverse area with a rich history and culture, making it a ideal location for those who love to capture the sights and sounds of Sydney.
Check out more apartments for sale in Blacktown NSW.
How to find cheap Sydney apartments
Looking for something bigger? Explore our round up of cheap houses for sale in Sydney for more.
How much does apartment cost in Sydney?
The average cost of an apartment in Sydney varies greatly depending on location, size, and amenities. However, according to recent data, the average rent for a two-bedroom apartment in central Sydney is around $684 per week.
Where can I live in Sydney on a budget?
You can check out some of the cheaper suburbs to rent in Sydney, such as Blacktown, Campsie, and Mt Druitt, which offer a wider variety of cheap Sydney apartments while still being relatively close to the city centre.
Is it cheaper to rent in Sydney?
Renting in Sydney can be expensive compared to other cities in Australia, but it is possible to find affordable options if you are willing to compromise on location or amenities.
Venture away from the CBD and the other more expensive suburbs in Sydney like Bondi Beach or the infamous, Point Piper.
What salary do you need to live in Sydney?
The salary required to live in Sydney can also vary greatly depending on an individual’s lifestyle, expenses, and housing choices. According to some estimates, it is recommended to earn at least $70,000 to 80,000 per year to live comfortably in Sydney. However, this can vary widely depending on individual circumstances.
