Suburb Guide: Carlton

Suburb Rental Report: Carlton, VIC 3053 (2025)

Overview

Carlton is one of Melbourne’s most iconic student suburbs, located immediately north of the CBD and home to the University of Melbourne and RMIT. With its unbeatable location, student-friendly atmosphere, and vibrant dining scene, it remains a top choice for international students and newcomers. However, with growing demand and limited stock, competition for rental properties is very strong.

Average Rent Prices (2025)

• Studio Apartment: $600 per week

• 1 Bedroom Apartment: $710 per week

• 2 Bedroom Apartment: $940 per week

• Shared Room: $330 to $380 per week

  
  

Rental prices in Carlton continue to rise, especially for well-located or recently renovated properties. Demand peaks during university intake periods, with the best listings often leased within days.

Transport and Location

Carlton offers excellent access to:

• Walking distance to the University of Melbourne, RMIT, and Melbourne Central

• Trams running along Swanston Street, Lygon Street, and Elgin Street

• A short walk or tram ride to the CBD, Queen Victoria Market, and central libraries

Residents can comfortably live in Carlton without the need for a car.

Suburb Vibe and Lifestyle

Carlton blends academic life with rich culture. Highlights include:

• Lygon Street’s famous cafes, Italian restaurants, and bookshops

• Parks and green spaces like Carlton Gardens and Argyle Square

• Nearby libraries, museums, and cultural venues

This suburb is ideal for students who want to live in a safe, central, and vibrant environment.

Who Is This Suburb Best For?

• University of Melbourne and RMIT students

• International students and newcomers

• Housemates or couples seeking proximity to university and city life

Carlton offers the ultimate student lifestyle with a strong academic and cultural feel.

Rental Demand and Competition

The rental market in Carlton is highly active:

• Properties are frequently listed and leased within 48 hours

• Studio apartments and affordable share houses are especially competitive

• Agents prioritise clean, complete applications with strong financials

Securing a property on your own can be challenging without the right support.

Find My Home Tip for Carlton

Carlton is a fast-moving rental market where timing is crucial. Find My Home can help you apply early, prepare professional documents, and follow up with agents. We also offer support in multiple languages to ensure smooth communication throughout the process.

Final Thoughts on Renting in Carlton

Carlton remains one of Melbourne’s best suburbs for students, offering unmatched convenience and a strong sense of community. While competition is fierce, with the right support and preparation, you can secure your ideal rental with confidence.

If you want expert guidance or help navigating the Carlton rental market, visit findmyhomeaus.com or message us on WhatsApp. The Find My Home team is here to assist you every step of the way.

Disclaimer: Rental prices are estimates based on publicly available listings as of 2025 and may vary. Availability and approval are not guaranteed. Find My Home provides application support and guidance but does not act as a licensed real estate agent or guarantee housing outcomes.