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Tenants on a Budget: Cheapest Rent in Brisbane 2024

January 25, 2024
Why Brisbane for International Students

Key takeaways:

  • Brisbane’s rental market is dynamic and currently experiencing a crisis, with house vacancy rates at 0.8% and rents for houses increasing by 18.1% over the past year.
  • The suburbs of Rocklea, Nathan, Springfield Lakes, Salisbury, Darra, and Wacol offer some of the cheapest rents in Brisbane, with various amenities and good connectivity to the city.
  • These suburbs provide a mix of residential and industrial areas, family-friendly environments, and access to parks and recreational facilities, catering to different lifestyles and needs.

A hot rental market seems to be all we hear about these days, and the Queensland capital is no different. So, if you’re looking for the cheapest rent in Brisbane, we’re here to show you where to start your search.

The Brisbane city rental property market is very dynamic, meaning what might be an affordable suburbs to rent one month could change the following year. For instance, in 2021, several suburbs in Brisbane experienced more than 30% growth in value.

Brisbane city has been known to maintain a strong but balanced rental market, meaning vacancy rates are below 2.5%. But it’s looking like Brisbane might begin to experience, or might already be in, a rental crisis.

Here’s why: vacancy rates for houses are at 0.8% while rent for houses increased by 18.1% over the past year. So, finding Brisbane rental properties is harder and the available ones are much more expensive.

Navigating through life in a new city can be challenging, especially when it comes to finding the perfect dwelling place. If you’re a foreigner looking for a home in Brisbane, you might appreciate this comprehensive guide on how to rent a house in Brisbane as a foreigner. It offers practical advice to help simplify the process.

All this to say, we don’t blame you for trying to find the cheapest suburbs to rent in Brisbane. So, let’s get to it.

Rocklea QLD

Apartment for rent in Moorooka, near Rocklea QLD
  • Median rent price for houses: $ 525 per week
  • Median rent price for units: $350 per week

Rocklea is a suburb located in the south of Brisbane. It is primarily an industrial area, but has a lot of residences and local businesses as well as some of the lowest median weekly rent on this list.

Despite being primarily industrial, Rocklea does have a small residential area and is home to some parks like Fauna Parade Park.

Locals will say that everyone is friendly and that the community is strong. The suburb is well-connected to the city via several major roads, including the Ipswich Motorway.

As one of Brisbane’s cheapest suburbs to rent, Rocklea offers all the amenities you need !

Popular parks in Salisbury: Koorawatha Park, which features a playground and a large open field, and Buhot Creek Park, which has a bike path and a playground.

More properties for rent in Roocklea.

Nathan QLD

  • Median rent price for houses: $525 per week
  • Median rent price for units:  $425 per week

Nathan is a suburb located in the southern part of Brisbane and is home to the Nathan campus of Griffith University. The area has a mix of older and newer homes, and is known for its leafy streets and parks.

The Nathan train station provides easy public transport to the city, and there are also several bus routes that run through the suburb.

Some popular parks in Nathan include Nathan Campus Parkland, which is a large park with walking paths and a playground and the Nathan Campus Sporting Fields, which has facilities for a variety of sports.

More properties for rent in Nathan.

Springfield Lakes QLD

House for sale in Springfield Lakes
  • Median rent price for houses: $510 per week
  • Median rent price for units: $420 per week

Springfield Lakes is one of the most affordable Brisbane suburbs for renters. This up-and-coming suburb offers great value for money, with some of the lowest rents in the city.

Springfield Lakes is also conveniently located near an array of shopping and dining options, as well as easy access to transport.

It’s a relatively new suburb, and is known for its master-planned communities, parks and lakes. It is a family-friendly suburb with good local schools, and is home to the Orion Springfield Central Shopping Centre. The suburb also has its own train station, providing easy access to the city.

Popular parks in Springfield Lakes: Springfield Lakes Park, which features a playground, picnic areas, and a lake, perfect for kids. And Robelle Domain Parkland, which has a playground, a water park, and a lake.

More properties for rent in Springfield Lakes.

Salisbury QLD

Apartment for sale in Salisbury QLD
  • Median rent price for houses: $495 per week
  • Median rent price for units: $430 per week

Salisbury is a suburb located in the south side of Brisbane. It is known for its diverse population with plenty of young families and affordable housing options.

The suburb has a mix of residential and industrial areas, and is home to several parks and recreational facilities. You’ll find the lovely Toohey forest with some nice walking trails that both kids and adults can enjoy.

The area is also gentrifying, with craft breweries, hip hotels and artisanal restaurants and cafes popping up. Salisbury train station provides easy access to the city, making it a convenient location if you’re commuting to the CBD by public transport.

More properties for rent in Salisbury.

Darra QLD

House for rent in Darra
  • Median rent price for houses: $480 per week
  • Median rent price for units: $390 per week

Darra is a suburb located in the western part of Brisbane. It is primarily a residential area for families, known for its affordable housing and proximity to major transport links, including the Centenary Highway and the Ipswich Motorway which connects you to the city’s CBD.

The median weekly rent in Darra is one of the most affordable prices you’ll find which makes it the cheapest rent in Brisbane.

Residents feel safe in Darra, where flooding is rare in comparison to surrounding suburbs. And you still have access to great nature strips the Darra Reserve and the Darra Dog Park for pet owners.

More properties for rent in Darra.

Wacol QLD

House for sale in Wacol
  • Median rent price for houses: $445 per week

Wacol is an affordable suburb located in the western part of Brisbane’s CBD. The best greenery in the suburb can be found in Wacol Park, which features a playground and picnic areas, and the Wacol Reserve, which has a playground and a bike path.

Golf lovers will rejoice in Wacol being right next to the Gailes PGA Golf course, one of the three PGA golf courses in Brisbane city.

The suburb is well-connected to the capital city via several major roads, including the Ipswich Motorway.

More properties for rent in Wacol.

Looking for your dream home? 

Soho can help you find the cheapest rent in Brisbane and tons of other cities.

Browse our search page to check out some amazing listings available right now. But don’t just stop there, download our app to get access to more features. Just remember to shortlist or swipe left on our listings so we can send you others that better match what you’re looking for.

Soho
Soho is your expert team in Australian real estate, offering an innovative platform for effortless property searches. With deep insights into buying, renting, and market trends, we guide you to make informed decisions, whether it's your first home or exploring new suburbs.
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