Canberra’s 10 most affordable houses to rent right now

Canberra is the most expensive city in which to rent a house but the market is shifting as rental properties become more available, offering prospective tenants more options when property hunting.

According to the latest Domain Rent Report, Canberra’s median rent was $690 a week, a record figure that remained unchanged over the quarter and year.

For those looking for their next rental property, there are some hidden gems to be found when searching for a cost-effective place to call home.

Here are 10 of the most affordable houses to rent in Canberra and its surroundings right now. 

Weston

View property

Newly renovated, private, and just minutes from the Cooleman Court shopping precinct, this functional home packs a punch with huge amounts of storage space for its compact size. 

Price: $380 a week

Agent: The Property Collective 6103 3932

Queanbeyan East

View property

This vintage free-standing cottage will provide its new tenants with a charming place to call home. It includes features you’d expect in a much larger space like restored hardwood floors, two bedrooms, and even a bathtub for those cold winter nights. 

Price: $395 a week

Agent: The Property Collective 6103 3932

Theodore

View property

If views of the Brindabellas and plenty of room for all the family are what you’re after in a rental, look no further than this Theodore townhouse, that even includes a lock-up garage and nearby visitor parking spots. 

Price: $480 a week

Agent: Maloney’s Property Management, Ned Hibbert 0429 941 715

Weston

View property

Set back from the street and boasting a large backyard, this two-bedroom rental property has been recently updated and includes a bathtub, stone benchtops, new carpet, and reverse-cycle air-conditioning. 

Price: $480 a week

Agent: The Property Collective, 6103 3932

Macquarie

View property

Located in one of Belconnen’s most sought-after suburbs, this duplex house is modern and stylish. It’s also one of only a few three-bedroom rentals in the area for the price point. 

Price: $500 a week

Agent: Ray White Queanbeyan and Jerrabomberra, Janine Lewis 6299 4333

Palmerston

View property

With a generously sized kitchen, dining and living area, this Palmerston home provides the ultimate space for entertaining, with a covered patio and big backyard. 

Price: $500 a week

Agent: Blackshaw Gungahlin, 6241 9111

Isabella Plains

View property

This free-standing Isabella Plains home is the ideal property for a family looking to locate themselves in Canberra’s beautiful south. With leafy gardens, a storage shed and a covered carport, the home would suit a green thumb. 

Price: $510 a week

Agent: Hodgkinson Real Estate, Jasmin Hruza 6293 1033

Richardson

View property

Ideally located close to schools and shops and available now, 12 Mack Street features a cosy fireplace, ducted gas heating, and evaporative cooling – the perfect home to live in during Canberra’s cold winter. 

Price: $520 a week

Agent: Belle Property Canberra, Rachel Hooper or Jonah Anthony 6295 9911 

Chifley

View property

A large backyard and a separate downstairs toilet are just some of the features set to make this Chifley home appealing to renters. The space is plentiful with three bedrooms, a large lounge room, and a full-size bathroom upstairs. 

Price: $525 a week

Agent: PURNELL, Sarah Hussey 0427 322 026

Macquarie

View property

Stunning timber floors greet you upon entry at 19 Ardell Street, but the perks of the home don’t stop there. Close by the popular Jamison Plaza and not far from the Belconnen Town Centre, it’s a great pick for those for whom location is key.  

Price: $530 a week

Agent: Badenoch Real Estate, Lalita Chaplin 0420 624 754