Rental Report statistics, June quarter 2026
According to the Homes Victoria Rental Report – June quarter 2026, median weekly rent decreased by $5 over the quarter in metropolitan Melbourne (to $595 per week), but increased in regional Victoria (by $10, to $495 per week).
The Metropolitan Rent Index (MRI) remained stable over the June quarter 2026. Over the past year, the MRI rose 4.8 per cent, which is above the annual increase to the June quarter 2025 (2.5%), and the long-term average annual increase over the past 10 years (4.3%).
The Regional Rent Index (RRI) rose 1.8 per cent over the June quarter 2026. Over the past year, the RRI rose 4.8 per cent.
This is below the annual increase to the annual increase to the June quarter of last year (5%) and below the long-term average increase over the past 10 years (5.2%).
Rental trends, June quarter 2026
Median Rent (per week) | Rent Index | Quarterly Change* | Annual Change* | |
|---|---|---|---|---|
| Melbourne | $595 | 327.5 | 0.0% | 4.8% |
| Regional Victoria | $495 | 354.9 | 1.8% | 4.8% |
Notes
- Median weekly rent is based on all new rental lettings for the quarter.
- The Rent index is based on median rents stratified by location and dwelling type to control for compositional shifts in new lettings. June quarter 1999 = 100.
- Quarterly and Annual percentage change is calculated from the relevant Rent Indices, not median weekly rents.
- The Rental Report uses rental bond data as a proxy to count private rental market dwellings (and excludes student housing, rooming houses, caravans, multiple bonds for share houses, and rooms in dwellings). This differs from the Department of Government Services Annual Report which reports on the total number of individual bonds lodged with the RTBA, including when multiple bonds may be held against the same property.
- The full report has explanatory notes:
Homes Victoria Rental Report - June Quarter 2026 (Word)
Rental Report time series data
The following spreadsheets provide selected charts and tables from the report and detailed time series statistics for some key Rental Report time series data from June quarter 2000 to June quarter 2026.
Affordable rental dwellings by Local Government Area - June Quarter 2026 (Excel)
Moving annual median rent by suburb and town - June Quarter 2026 (Excel)
Quarterly median rents by Local Government Area - June Quarter 2026 (Excel)
Tables from Rental Report - June Quarter 2026 (Excel)
More information
Email Social Housing Reform unit: shr@homes.vic.gov.au
See the Past rental reports page for Rental Reports from 2007 onwards.