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Rent costs now exceed half of median take-home pay in every Australian capital

A new report shows that renting a typical apartment consumes more than 50% of a median earner’s take-home income in all Australian capital cities.

Everybody's Home’s 2026 Priced Out report reveals that renting an apartment now costs more than half of a median worker’s disposable income across every Australian capital. Nationally, the average weekly rent of $614 equals 56% of the take-home salary of someone earning $70,000, close to the country's median income. Sydney is the most expensive market, demanding 69% of a $70,000 earner’s weekly pay, while Adelaide, the least costly capital, still surpasses the 50% mark.

The analysis shows that even households earning $130,000 annually spend over a third of their income on rent, and housing stress exceeds the 30% benchmark for many. The advocacy group urges the federal and state governments to build 940,000 public and community homes over 15 years, impose limits on rent increases, and end no-grounds evictions. It also praises recent tax reforms but stresses that further policy action is needed to protect renters.

Why it matters

Rising rents strain household budgets nationwide, threatening financial stability for many Australians.

In this story

rent increasehousing stressmedian take-home paysocial housingrental capsPriced Out reportAustralian capitalshousing affordability
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