June 2026 quarterly Rental Report data released

Homes Victoria Rental Report data for the June quarter 2026 is now available on DataVic.

The Rental Report provides the most accurate information on the private rental market in Victoria.

The median weekly rent for metropolitan Melbourne decreased by $5 to $595 per week, and in regional Victoria the median rent increased 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%, 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% over the June quarter 2026. Over the past year, the RRI rose 4.8%. This is below 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%).

See Homes Victoria Rental Report for explanatory notes.