Articles > Where to rent for less than 20% of your household income right now

Where to rent for less than 20% of your household income right now*

In today's rental market, finding affordable housing can be challenging, yet it's essential for both social and economic stability. That's why we recommend options where rent is less than 20% of your household income. This model not only ensures that essential workers can live near their jobs but also makes Australia more equitable and economically competitive.

To illustrate this approach, we're thrilled to showcase four exceptional properties. These homes combine top-quality amenities with affordability, setting a new standard for a fairer rental market. Take a look below to find your next dream home in a landscape that prioritizes fairness and accessibility.

1. Quiet Retreat: Dingo Meadows unit

Rent: 15% of your household income

Ideal for: Small Families, Remote Workers

Disadvantages: 30-minute drive to nearest train station

Landlord Info: Mrs. Thompson, owns two properties, responsive but prefers digital communication.

Property Stats: 2-bed, 1-bath, small backyard.

A unit offering tranquility, away from city noise. Though commuting requires planning, the space is ideal for remote work and small families seeking affordability and a peaceful environment.

2. Dynamic Living: Coral Bayview Studio Apartment

Rent: 18% of your household income

Ideal for: Students, Singles

Disadvantages: Situated above a bustling market, parking not included

Landlord Info: Mr. Nguyen, first-time landlord, eager to assist and learn.

Property Stats: 1-bed, 1-bath, bike storage available.

For those enjoying vibrant living, this studio offers convenience with markets and eateries close by. Ideal for students and singles comfortable with dynamic environments.

3. Suburban Comfort: Gumleaf Grove Townhouse

Rent: 20% of your household income

Ideal for: Large families

Disadvantages: On a busy street, limited public transport

Landlord Info: The Kapoor family, long-term landlords with a decent reputation.

Property Stats: 3-bed, 2-bath, spacious living areas.

This property offers ample space for large families. While transportation requires some coordination, the home provides comfort and essential facilities for day-to-day living.

4. Cozy House: Wallaby Waters

Rent: 17% of your household income

Ideal for: Couples, retirees

Disadvantages: Distant from CBD, limited nightlife

Landlord Info: Mrs. O'Reilly, experienced landlord, known for friendliness and transparency.

Property Stats: 2-bed, 1-bath, garden space.

Perfect for couples or retirees seeking a quiet life. With close-knit community vibes, it’s a gem for those valuing tranquility over the hustle of city living.

Conclusion

Affordability doesn’t necessarily mean compromising on quality. These properties offer viable options for diverse tenants, ensuring you can find a home without financial strain. Happy house hunting!