Are you searching for cheap apartments to rent in Melbourne, but coming up empty? Do you need access to train lines without causing a massive dent in your pocket? We’ve crunched our data to uncover the most affordable suburbs to rent in Melbourne with access to train lines.
4. Gardenvale, Inner South Melbourne
Median weekly rent: $295 (Unit)
Nearest train station: Gardenvale Railway Station
Distance to CBD: Just over 10kms from Melbourne CBD
Transit time: Gardenvale is less than a 20-minute train ride to reach Melbourne
Located in the picturesque city of Glen Eira, Gardenvale is predominantly a residential area with shopping centre positioned on Gardenvale Road. With Elster Creek flowing through the suburb and Brighton Beach just a stone’s throw away, Gardenvale has a lot to offer and lands at number 4 in Melbourne’s most affordable suburbs.
Surrounded by greenery this one-bedroom apartment can be found at Latana Road and is listed at $300 a week.
3. Caulfield East, Inner South Melbourne
Median weekly rent: $290 (Unit)
Nearest train station: Caulfield Station
Distance to CBD: Just over 10klms from Melbourne CBD
Transit time: 15-minute train ride
Also in Glen Eira, Caulfield East offers a multicultural community with only 43.5% of residents being born in Australia. Offering a variety of shops, restaurants and being home to Caulfield racecourse, this area is a favourite for students and young professionals.
This student accommodation comes fully furnished and is just a short stroll to Caulfield Monash Campus. It is situated on DandenongRoad and is available at $215 a week.
2. Melton South, West Melbourne
Median weekly rent: $280 (Unit)
Nearest train station: Melton Station
Distance to CBD: Just under 45klms from Melbourne CBD
Transit time: 40-minute train ride to reach Melbourne CBD
Located in the valley of Bacchus Marsh, Melton South is a quiet and affordable residential suburb in Melbourne. If you are commuting to Melbourne CBD you will be required to change trains at Footscray Station. If you’re after more space, Melton South also takes the prize for the cheapest area to rent a house, with a median price of $310 a week.
This three-bedroom home is situated on Exford Road and is available for the very affordable rate of $280 a week. Perfect for a family saving to buy.
1. Albion, West Melbourne
Median weekly rent: $280 (Unit)
Nearest train station: Albion Station
Distance to CBD: Just under 15klms from Melbourne CBD
Transit time: Just under 25 minutes to reach Melbourne CBD
Situated in the City of Brimbank, Albion is home to many period properties. With Kororoit Creek and Stony Creek hugging its border, there are many peaceful and picturesque spots around Albion.
Located on Ridley Street this unit is currently the most affordable apartment we have on the market in Albion at $220 a week.
With more investment going into infrastructure in Melbourne’s North West, such as the $5 billion set to be spent on a rail link to Melbourne airport, there will be more affordable apartments available with easier access to train lines. Finding cheap apartments to rent in Melbourne can therefore be challenging. Ensuring you do you research and stay on top of current data and trends is the best way to make sure find the property that fits to your demands.