Rent in Prospect
- Median weekly rent
- $580
- Change over a year
- +0.9%
- New leases
- 135 in the quarter
June quarter 2026, new leases only, published by South Australian Housing Trust.
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Put in what you pay and see how it stacks up against new leases in Prospect
Every kind of home
June quarter 2026
| Home | Median | New leases | 1 year | 5 years |
|---|---|---|---|---|
| All homes | $580 | 135 | +0.9% | +45.0% |
| Units | $497.50 | 70 | −5.2% | +49.6% |
| 1-bedroom units | $359.50* | 10 | n/a | n/a |
| 2-bedroom units | $500 | 50 | −4.8% | +51.5% |
| 3-bedroom units | Under 10 leases | 5 | n/a | n/a |
| Houses | $650 | 60 | +2.4% | +44.4% |
| 2-bedroom houses | $570* | 10 | n/a | n/a |
| 3-bedroom houses | $660 | 40 | +4.8% | +41.9% |
| Houses, 4 or more bedrooms | $865* | 10 | n/a | n/a |
* Small sample: 10 to 29 new leases.
How the median rent has moved
Sep 2016 to Jun 2026
All homes$5802-bedroom units$5003-bedroom houses$660
Show as a table
| Quarter | All homes | 2-bedroom units | 3-bedroom houses |
|---|---|---|---|
| Jun 2026 | $580 | $500 | $660 |
| Mar 2026 | $530 | $480 | $650 |
| Dec 2025 | $580 | $497.50 | $675 |
| Sep 2025 | $630 | $500 | $665 |
| Jun 2025 | $575 | $525 | $630 |
| Mar 2025 | $572.50 | $550 | $650 |
| Dec 2024 | $500 | $434.42 | $610 |
| Sep 2024 | $550 | $492.50 | $620 |
| Jun 2024 | $550 | $500 | $625 |
| Mar 2024 | $540 | $465 | $600 |
| Dec 2023 | $520 | $455 | $600 |
| Sep 2023 | $545 | $420 | $580 |
| Jun 2023 | $510 | $400 | $580 |
| Mar 2023 | $485 | $400 | $550 |
| Dec 2022 | $460 | $420 | $555 |
| Sep 2022 | $455 | $355 | $540 |
| Jun 2022 | $450 | $380 | $522.50 |
| Mar 2022 | $430 | $350 | $520 |
| Dec 2021 | $435 | $385 | $485 |
| Sep 2021 | $390 | $330 | $462.50 |
| Jun 2021 | $400 | $330 | $465 |
| Mar 2021 | $390 | $335 | $432.50 |
| Dec 2020 | $390 | $337.50 | $420 |
| Sep 2020 | $375 | $330 | $450 |
| Jun 2020 | $350 | $320 | $420 |
| Mar 2020 | $380 | $340 | $430 |
| Dec 2019 | $370 | $320 | $410 |
| Sep 2019 | $365 | $300 | $400 |
| Jun 2019 | $370 | $310 | $400 |
| Mar 2019 | $380 | $350 | $415 |
| Dec 2018 | $337 | $310 | $400 |
| Sep 2018 | $350 | $280 | $410 |
| Jun 2018 | $350 | $270 | $430 |
| Mar 2018 | $350 | $305 | $390 |
| Dec 2017 | $350 | $300 | $400 |
| Sep 2017 | $340 | $280 | $375 |
| Jun 2017 | $345 | $267.50 | $385 |
| Mar 2017 | $365 | $290 | $400 |
| Dec 2016 | $340 | $270 | $397.50 |
| Sep 2016 | $325 | $275 | $400 |
How it compares
June quarter 2026
| Area | Median | 1 year | New leases |
|---|---|---|---|
| Prospect | $580 | +0.9% | 135 |
| South Australia | $560 | +3.7% | 13,950 |
- Ranks 83 of 152 in South Australia from dearest to cheapest, among places with 30 or more new leases.
- At the 2021 Census, renting households here paid a median of $350 a week, 18% 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 +48.7%. Wages in South Australia rose +17.2% over the same time (ABS Wage Price Index).
Get the full rental report for Prospect
Everything behind these numbers, in a 6-page PDF for $39.
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
- 5082 100%