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Rents

Rent in Fortitude Valley

Median weekly rent
$650
Change over a year
+8.3%
New leases
559 in the quarter

June quarter 2026, new leases only, published by Residential Tenancies Authority (Queensland).

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Put in what you pay and see how it stacks up against new leases in Fortitude Valley

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Every kind of home

June quarter 2026

HomeMedianNew leases1 year5 years
All homes$650559+8.3%+58.5%
1-bedroom units$600304+4.4%+57.9%
2-bedroom units$760182+4.1%+60.0%
3-bedroom units$1,600*20n/an/a
2-bedroom housesUnder 10 leases1n/an/a
3-bedroom housesUnder 10 leases1n/an/a
3-bedroom townhousesUnder 10 leases3n/an/a

* Small sample: 10 to 29 new leases.

How the median rent has moved

Sep 2017 to Jun 2026

All homes$6502-bedroom units$760
0200400600800Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023Mar 2025650760
Show as a table
QuarterAll homes2-bedroom units
Jun 2026$650$760
Mar 2026$650$750
Dec 2025$620$740
Sep 2025$620$730
Jun 2025$600$730
Mar 2025$585$700
Dec 2024$575$680
Sep 2024$580$690
Jun 2024$580$680
Mar 2024$570$680
Dec 2023$550$650
Sep 2023$550$650
Jun 2023$515$625
Mar 2023$480$600
Dec 2022$465$550
Sep 2022$450$550
Jun 2022$450$520
Mar 2022$430$510
Dec 2021$420$490
Sep 2021$450$500
Jun 2021$410$475
Mar 2021$400$460
Dec 2020$395$450
Sep 2020$400$445
Jun 2020$390$460
Mar 2020$410$490
Dec 2019$400$490
Sep 2019$400$470
Jun 2019$390$470
Mar 2019$390$470
Dec 2018$385$475
Sep 2018$380$460
Jun 2018$380$460
Mar 2018$390$460
Dec 2017$400$470
Sep 2017$378$460

How it compares

June quarter 2026

AreaMedian1 yearNew leases
Fortitude Valley$650+8.3%559
Brisbane council area$675+3.9%16,496
Queensland$650+8.3%53,770
  • Ranks 215 of 480 in Queensland from dearest to cheapest, among places with 30 or more new leases.
  • At the 2021 Census, renting households here paid a median of $400 a week, 24% of the median household income. That figure counts every renting household, old leases and new.
  • Since the Census (Sep 2021 to Jun 2026), rents on new leases here rose +44.4%. Wages in Queensland rose +18.6% over the same time (ABS Wage Price Index).

Get the full rental report for Fortitude Valley

Everything behind these numbers, in a 6-page PDF for $39.

  • When to signLeases signed in the June quarter have come in cheapest against the trend across Queensland. The report shows every quarter.
  • How often rentals change handsAbout 55 new leases a year for every 100 privately rented homes.
  • Growth against the official rents index 🔒Over 1, 3 and 5 years, with the yearly rate, next to the ABS CPI for rents.
  • The price of more room, and who rents here 🔒What each extra bedroom costs, the full spread of rents, and who rents here according to the 2021 Census.

Made for landlords setting a rent, buyers weighing up areas and agents who need to back up an appraisal. It covers new leases only, from state bond data.

Postcode

Share of the suburb's homes, 2021 Census