Fitzroy’s rental market is tight. The suburb’s size (one square kilometre), location (four tram stops from the CBD), and lifestyle appeal mean vacancies sit around 1.5–2%, well below Melbourne’s average. Good properties attract 15–30 applications. You need to be prepared.
Current Rents — March 2026
| Property Type | Weekly Rent (Median) | Monthly | Annual |
|---|---|---|---|
| Studio | $350–$400 | $1,520–$1,735 | $18,200–$20,800 |
| 1-bedroom apartment | $430–$480 | $1,865–$2,085 | $22,360–$24,960 |
| 2-bedroom apartment | $570–$650 | $2,475–$2,825 | $29,640–$33,800 |
| 2-bedroom terrace/house | $650–$800 | $2,825–$3,475 | $33,800–$41,600 |
| 3-bedroom house | $750–$950 | $3,260–$4,130 | $39,000–$49,400 |
| Share house (per room) | $220–$280 | $955–$1,215 | $11,440–$14,560 |
Prices vary by street and condition. A one-bedroom on a quiet back street like Napier or Gore runs cheaper than one directly above a Brunswick Street shop. A renovated two-bedroom terrace near Edinburgh Gardens commands a premium.
Where the Stock Is
Brunswick Street — Apartments above shops and in purpose-built blocks behind the main strip. Convenient, noisy, and mid-range for price.
Johnston Street (west end) — Newer apartment buildings, some warehouse conversions. Quieter than Brunswick Street, slightly cheaper.
Napier/Gore/George Streets — Terraces and cottages. The premium residential streets. Houses here rent fast and at the top of the range.
Gertrude Street (east of Smith) — Smaller apartments and terraces. Less foot traffic, more residential. Good value relative to the suburb.
Rose Street precinct — Warehouse conversions and loft-style apartments. Character properties that attract creative-industry tenants.
How to Get a Rental in Fitzroy
The market is competitive. Here’s what actually works:
Have your application ready before inspecting. Pre-fill 2Apply or Ignite forms. Attach payslips (last 3 months), photo ID, rental ledger or references, and a personal cover letter. Apply the same day you inspect.
Offer the asking rent or slightly above. In a tight market, offering $10–$20/week above asking gets attention. Whether that’s worth it depends on how badly you want the place.
Be flexible on lease start. Offering to start sooner gives you an edge. Most landlords want gaps minimised.
Look beyond Domain and realestate.com.au. Walk the streets — some landlords still put signs in windows. Check Fairy Floss Real Estate (Fitzroy-focused agency), local Facebook groups (“Fitzroy/Collingwood Housemates”), and Flatmates.com.au for share houses.
Inspect at different times. A property that seems quiet at 11am Tuesday might be above a bar that pumps until 2am on Saturdays. Check noise levels before signing.
What to Watch For
- Damp in older buildings — Check bathroom ventilation, window seals, and any musty smell. Some pre-war buildings in Fitzroy have persistent moisture issues.
- Street noise — Properties on Brunswick Street, Smith Street, and Johnston Street cop traffic and bar noise. Back units and upper floors are quieter.
- NBN connection type — Check your specific address at nbnco.com.au. Not all buildings have fibre. FTTN connections can be slow.
- Parking — If your rental doesn’t include a space, you’ll need a City of Yarra permit ($89/year) for street parking. Some streets are permit-only 24/7.
- Lease terms — Standard is 12 months. Some landlords offer 6-month leases at a premium. Ask about rent review clauses.
Share Houses
Fitzroy’s share house market is active. A room in a shared terrace or apartment runs $220–$280/week including bills in most cases. The culture is generally progressive, social, and pet-friendly (dogs more than cats, in our experience).
Best places to find listings: Flatmates.com.au, Fairy Floss Real Estate, and the “Inner North Melbourne Housemates” Facebook group.
More from Fitzroy: Cost of Living · Property Market · Young Professionals Guide
Rental data from Domain, SQM Research, and local agent reports. March 2026.
Explore More of Fitzroy
- Fitzroy History
- Fitzroy Things To Do This Weekend
- Fitzroy Cheap Eats
- Fitzroy Suburb Roast
- Fitzroy Date Night Guide
- Fitzroy New Openings
- Fitzroy Things To Do
- Fitzroy Cost of Living

💬 Discussion
Join the conversation — no account needed