The capital of NSW might not be the most expensive to rent a house anymore, but the average asking price for a house in Sydney still ranges at around AU$763 a week. And that’s with the price falling for the first time in 12 years. So, it’s only natural if you are wondering where to find the cheapest rent in NSW.
However, there are some hidden suburbs where you can get a bigger house for a lower price. Some suburbs have the cheapest rent in NSW.
You may not be aware, but there are some areas in Sydney where the rent costs less than AU$750 per week. Suburbs of Cowra are some of the cheapest suburbs you can rent.
Let’s explore the other affordable places to rent in NSW.
Locations with Cheap Rent in NSW: Regional NSW
Albury
Albury has one of the cheapest rents in NSW. The base rent for a unit in Albury has a median rent of AU$141 a month.
You have the chance of enjoying all the benefits of living in a city but at a lower cost.
Moreover, you will enjoy the fresh air and more space, which are uncommon in cities.
Check out more properties in Albury NSW
Armidale Regional
Armidale Regional is one of the most enticing places on our list. The regional town offers a gallery of houses for students and workers alike. They also have fully catered lodging if you want to rent a private unit.
With a median rent of AU$410 per week, you stand to enjoy all the perks of Armidale Regional.
Check out more properties in Armidale NSW
Bathurst
If you’re a fan of historical facts, Bathurst has an interesting history behind it. The suburb is surrounded by stunning skyscrapers and high rises.
You can live in Sydney’s racing capital for a median rent of about AU$453.
Check out more properties in Bathurst NSW
Bellingen
Bellingen is big on living in a clean and natural environment. The community is full of vibrant people who will make your stay worthwhile.
The region is filled with several coffee shops, op shops, restaurants, and other businesses.
The median rent in Bellingen has a median rent of about AU$820 per week. It may not have the cheapest rent in NSW, but it is worth checking out.
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Broken Hill
Once you hear about Broken Hill, the first thing that comes to mind is the Broken Hill Living Sculpture Park which is 12 kilometres from the city centre.
This sculpture to this day remains one of the region’s most innovative art projects, and you can bask in this view for a median rent of about AU$412 per week.
Check out properties in Broken Hill NSW
Cessnock
With a median rent of AU$551 per week, you get to live in Cessnock. Cessnock is a very decent place to live.
Furthermore, there are also several bookstores, bakeries, and health food stores in this region.
Check out more properties in Cessnock NSW
Locations with cheap rent in NSW: Sydney Suburbs
Living in pronounced parts of Sydney is unbelievably expensive. Locating a house within 10 kilometres of the CBD isn’t a day’s job. However, CoreLogic data revealed that Sydney’s property prices are dropping at a record high.
If you’re willing to consider other locations within Sydney’s suburbs, you won’t have to put a hole in your pocket.
Earlwood
Earlwood is only 10 kilometres away from the Central Business District. The rent for a private room in Earlwood has a median rent of AU$311.
Earlwood is just a few suburbs away and positioned perfectly on the banks of the Cooks River. Aside from being one of the cheapest suburbs in Sydney, it is also a convenient location.
Furthermore, the suburb has one of the best public transport systems in Sydney. You can easily access the CBD from Earlwood via train.
If that’s not enough to convince you, the suburb also has properly managed retail services. Earlwood has a Coles supermarket, eateries, and shopping centres around. They also have parks, gardens, and pubs to entertain you.
Check out more properties in Earlwood NSW
Croydon Park
Same as the other two suburbs, Croydon Park is 10 kilometres away from the CBD and it is regarded by tenants as the cheapest place to live in Sydney.
The median rent per week for a private unit is about AU$311.
Many renters are waking up to the potential lying at Croydon Park. Several amenities support a proper lifestyle in Sydney’s inner west suburb.
Croydon Park is surrounded by shops and parks, complemented by multicultural food options.
Properties for sale in Croydon Park are quickly getting picked up by investors because it is one of the most sought suburbs in Sydney.
If you can afford the mortgage in Croydon Park, you should consider getting a two-bedroom unit.
Check out more properties in Croydon Park NSW
Eastlakes
Eastlakes has one of the shortest distances from the CBD. It is only 7 kilometres away from the Business District.
Eastlake is the closest to the CBD and has become an attractive location for young renters. Furthermore, this region of Sydney is well known for its massive homes and block sizes.
Living in Eastlakes will cost a median rent of about AU$325 weekly. This price tag is slightly more expensive than the other regions.
Check out more properties in Eastlakes NSW
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