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.
Content Table
- Cheap Sydney Rentals Under or around $400/Week
- Mount Druitt – $350/week – 1/20 Luxford Road
- Cambridge Park – $355/week – 30A Oxford Street
- St Marys – $380/week – 7/58 Putland Street
- Kingswood – $380/week – 601/240-250 Great Western Highway
- Blacktown – $420/week – 13/14-18 Fourth Avenue
- Cheap Sydney Apartments for Sale
- Campbelltown – $280,000 – $299,950 – 30/17 Warby Street
- Blacktown – $300,000 – 11/130 Main Street
- Mount Druitt – $330,000 – 25/34-36 Hythe Street
- Kingswood – $329,000 – $345,000
- Penrith – $389,000 to $409,000 – 9/322 Jamison Road
And if you find one that’s already sold or leased, don’t worry. 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.
Further Reading: Leasing for professional reasons? Find out how much it costs to rent a commercial property in Sydney.
Cheap Sydney apartments for rent
$350/week – 1/20 Luxford Road, Mount Druitt, NSW, 2770, Australia
- Size: 1 bathroom
- Suburb median rent for units: $400/week
This cosy studio flat in Emerton, NSW, offers a practical living space with a refurbished kitchen and bathroom.
Ideal for singles or couples, the studio features polished floorboards and a spacious living area. The covered porch and fully fenced yard enhance outdoor enjoyment.
Amenities include:
- Updated kitchen with gas cooking
- Compact internal laundry facilities
- Polished floorboards for easy maintenance
- Covered porch and garden shed
- Fully fenced separate yard
- Water included in rental price
For more details, you can view the property’s listing on Soho.
Check out more apartments for rent in Mt Druitt NSW.
$355/week – 30A Oxford Street, Cambridge Park, NSW,
- Size: 2 bedroom, 1 bathroom
- Suburb median rent for units: $500/week
Step into this modern two-bedroom granny flat in Cambridge Park, NSW, designed for comfort and practicality. It offers an open-plan lounge and dining room, a tidy kitchen with electric cooking, and floating timber floorboards throughout.
The property also features a low-maintenance courtyard, making it perfect for relaxed living.
Amenities include:
- Two well-sized bedrooms with mirrored built-in wardrobes
- Combined bathroom and laundry
- Electric cooking facilities
- Floating timber floors for easy maintenance
- Small, manageable courtyard
- Close to schools, shops, and transport
For more details, you can view the property’s listing on Soho.
Check out more apartments for rent in Cambridge Park NSW 2747.
$380/week – 7/58 Putland Street, St Marys, NSW, 2760, Australia
- Size: 2 bedroom, 1 bathroom
- Suburb median rent for units: $470/week
Experience the ease and comfort of living in this modern apartment in St Marys, NSW. Perfectly located within close proximity to the town center, shops, and public transport facilities, this residence offers two spacious bedrooms, a modern kitchen, and a cozy living area with access to a balcony.
The apartment is also complemented by a separate dining area, updated bathroom, and a convenient single carport.
Amenities include:
- Modern kitchen with ample storage
- Updated bathroom facilities
- Spacious living area with balcony access
- Internal laundry facilities
- Single carport for parking
- Excellent location near essential amenities
For more details, you can view the property’s listing on Soho.
Check out more apartments for rent in St Marys NSW.
$380/week – 601/240-250 Great Western Highway, Kingswood, NSW
- Size: 1 bedroom, 1 bathroom
- Suburb median rent for units: $450/week
Step into a new level of urban living with this spacious studio apartment in Kingswood, NSW. Located near Kingswood train station and Penrith Westfield, this apartment is perfect for commuters or those seeking convenience.
The unit offers panoramic views, bright interiors, and modern amenities, ensuring a high-quality living experience.
Amenities include:
- Expansive windows for natural light
- Proximity to transport and shopping
- Air conditioning for comfort
- High rental return potential
- Ideal for investors or first-time buyers
For more details, you can view the property’s listing on Soho.
Check out more apartments for rent in Kingswood 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 one-bedroom apartment in Blacktown, NSW, provides a comfortable and convenient living space ideal for singles or couples. It’s well-situated close to public transport and shopping centres.
Amenities include:
- Spacious bedroom with built-in wardrobes
- Open living and dining areas
- Large kitchen with ample storage
- Plantation shutters for privacy
- Security car space
- Excellent location near railway station and shops
Check out more apartments for rent in Blacktown NSW.
Cheap Sydney apartments for sale
$280,000 – $299,950 – 30/17 Warby Street, Campbelltown, NSW, 2560, Australia
- Size: 1 bedroom, 1 bathroom
- Suburb median unit price: $500,000
Discover this promising investment opportunity in Campbelltown, NSW. This one-bedroom apartment, priced between $280,000 and $299,950, is a perfect blank canvas for renovation, offering a functional layout that includes a combined living and dining area leading to a balcony.
Conveniently situated close to local amenities, this property offers great potential for both owner-occupiers and investors.
Amenities include:
- Functional layout with balcony
- Close proximity to shops and public transport
- Ideal renovation project
- Low strata fees
- Prime location for urban living
For more details, you can view the property’s listing on Soho.
Check out more apartments for sale in Campbelltown NSW.
$300,000 – 11/130 Main Street, Blacktown, NSW,
- Size: 2 bedroom, 1 bathroom
- Suburb median unit price: $500,000
This apartment in Blacktown, NSW, presents a fantastic opportunity for first-time buyers or investors. It’s ideally located close to the local CBD and offers a spacious layout with two balconies, providing plenty of natural light and additional outdoor space. The apartment is set in a secure complex, enhancing comfort and privacy.
Amenities include:
- Spacious master bedroom with a balcony and built-in wardrobe
- Modern kitchen with stainless steel appliances
- Large living area extending to a balcony
- Secure underground parking with storage
- Close proximity to Blacktown station and shopping centers
For more details, you can view the property’s listing on Soho.
Check out more apartments for sale in Blacktown NSW.
$330,000 – 25/34-36 Hythe Street, Mount Druitt, NSW, 2770, Australia
- Size: 2 bedroom, 1 bathroom
- Suburb median unit price: $416,000
This well-maintained two-bedroom apartment in Mount Druitt offers a spacious lounge and dining area filled with natural light, leading to a balcony that overlooks Hythe Street.
The modern kitchen is equipped with quality appliances, and each bedroom features mirrored built-in robes. Conveniently located just 900 meters from Mt Druitt Westfield and station, it represents a great choice for a first home or as an investment.
Amenities include:
- Streamlined lounge and dining area
- Modern kitchen with steel appliances
- Two carpeted bedrooms with built-in robes
- Main bathroom with separate bath and shower
- Split system air-conditioning
- Lock-up garage and internal laundry
For more details, you can view the property’s listing on Soho.
Check out more apartments for sale in Mt Druitt NSW.
$329,000 – $345,000 – Kingswood, NSW, 2747, Australia
- Size: 2 bedroom, 1 bathroom
- Suburb median unit price: $487,500
This modern two-bedroom apartment in Kingswood, NSW, offers a comfortable ground floor living space and is conveniently located across from Kingswood Sports Bowling Club.
The apartment features ceiling fans in both bedrooms, a spacious bathroom, a new oven, and a reverse cycle split system air conditioner. It also includes a balcony and secure underground parking.
Amenities include:
- Two bedrooms with ceiling fans
- New kitchen appliances
- Spacious living area
- R/C split system air conditioning
- Balcony
- Secure underground parking
For more details, you can view the property’s listing on Soho.
Check out more apartments for sale in Kingswood 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
This apartment is located in Penrith, NSW, a suburb known for its blend of urban convenience and natural beauty. It’s well-situated near Jamison Park, providing easy access to outdoor activities and family-friendly spaces.
The area also benefits from proximity to Penrith Plaza and Nepean Hospital, making it ideal for those who appreciate nearby shopping and healthcare facilities. Additionally, with excellent transport links including Penrith Station, residents enjoy straightforward commutes to Sydney and surrounding areas.
Amenities include:
- Two bedrooms and one bathroom setup
- Close to public transportation and shopping areas
- Modern living space
- Parking availability
- Situated in a community-focused area
For more details, you can view the property’s listing on Soho.
Check out more apartments for sale in Penrith 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.
