Top 5 cheapest Sydney suburbs (within 10km of the CBD)

Sydney life is expensive and finding cheap rooms to rent within 10km of the CBD isn’t easy. But look around and you’ll find locations that will put you within a stone’s throw of the action, without breaking the bank.

Flatmates.com.au has run new data on suburb rental prices. Over the coming weeks we’ll be bringing you articles on the cheapest and most expensive suburbs to rent a private room in a share house in each capital city. If you’re a Sydney kid, check out the five cheapest suburbs within 10km of Sydney’s CBD below.

CROYDON PARK

Distance: 10km from the CBD
Rent average: $220/week private room

Renters have well and truly woken up to the lifestyle and amenities on offer in Sydney’s inner west, but if you’re thrifty and find the right suburb, there’s still plenty of value to be had.

Croydon Park fits that bill perfectly, with its $220 average price tag for a room in a share house on our site, marking it as the cheapest suburb to rent within 10km of the city.

You get plenty for your money in this vibrant village-like community that’s well supplied with great shops, parks and multicultural food options. Croydon Park is quickly being snapped up by investors for it’s large supply of sought-after period homes and terraces, so be quick on this one, it won’t stay cheap forever.

EARLWOOD

Distance: 10km from the CBD
Rent average: $220/week private room

Earlwood is only a couple of suburbs to the south and positioned on the banks of the Cooks River. This little suburb has heaps going for it. It’s cheap, convenient and situated in perfect share house territory.

Something of a well-kept secret among its more credentialed neighbouring suburbs (Marrickville and Dulwich Hill we’re looking at you), Earlwood has some of the best public transport access in Sydney, with its borders bookended by two train lines, making CBD access a cinch.

Well-serviced for retail, the suburb has a Coles supermarket, shopping strip and eateries on and around popular Homer Street, while parks, gardens and pubs are a plenty.

EASTLAKES

Distance: 7km from the CBD
Rent average: $230/week private room

Eastlakes cops its fair share of flak for being almost directly under Sydney Airport’s flight path, but when it comes to value for money, it’s understandably a rental hotspot.

Of the suburbs to feature in our ‘cheapest’ list, Eastlakes is by far the closest to the CBD and has become a beacon for young renters, with almost a quarter of residents falling into that demographic.

It’s also renowned for its larger homes and block sizes – if you’ve got a pooch or consider yourself a green thumb, most share houses in this suburb come with a yard, all at an affordable price.

Close to the M1 and the airport and home to Eastlakes Shopping Centre, many residents love the area because it’s only a short distance from South Coogee Beach, but without the South Coogee price tag (average $320 per week).

TEMPE

Distance: 8km from the CBD
Rent average: $230/week private room

Another affordable inner west option, Tempe might be close to the airport, but at least being so close to the airpot is great inspo for that next holiday.

You won’t have to search far to furnish your new share house room – Tempe is where you’ll find IKEA, along with a host of other major retailers.

You’ll also find a train station and given it’s only 8km from the city and even less to Sydney Uni, it’s an increasingly sought-after choice among both workers and students.

CONCORD

Distance: 10km from the CBD
Rent average: $240/week private room

Suburbs along the Parramatta River continue to see hot demand, and yet Concord also ticks the affordability box.

You’d be hard-pressed to find another suburb with so many amenities at an average rent of under $250.

Just 10km from the CBD, it’s got transport on many fronts, with trains, buses and ferries all readily accessible, while sports-loving residents will have a field day (pardon the pun), considering it abuts the Sydney Olympic Park Precinct, which includes ANZ Stadium, Qudos Bank Arena and Quaycentre.

You’ll also find Costco, Aldi, DFO Homebush, Woolworths and Coles among the vast array of retail options in the immediate area.

Sydney may be one of the world’s most unaffordable cities, but it is possible to live close to the CBD on an affordable rent. Happy hunting!