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A Guide to Budget-Friendly Student Accommodations

Posted by Nathan on 15 May 2023

When you’re a student, finding affordable but comfortable accommodation is a top priority. But, with the increasing rental options in 2023, finding a budget-friendly accommodation feels impossible. In this guide, we will share some tips and recommendations for finding budget-friendly student accommodation options in Melbourne.

Shared room

10 Auguste Avenue, Clayton –

One of the most cost-effective ways to live in Melbourne is to share with other students. Sharing accommodations can help you save money on rent and other living expenses like groceries. Most accommodations give you an option to share your room with other students, perfect for those who’d like to save up on rent while also making new friends.


88 Argyll Street, Malvern East –

If you prefer having your own private room, you can consider renting room-by-room. This means you will have your private room while sharing the common areas with other students. Room-by-room accommodation allows you to have a privacy of your room but can still make friends easily. 

Research your options carefully

When looking for budget-friendly student accommodations, you need to research your options carefully. You can look at different suburbs, amenities and make sure to read reviews from other students who’ve lived there. Don’t forget to take locations into consideration, as living close to university/work means no added transportation cost.

Be flexible

Lastly, be flexible. When it comes to budget-friendly student accommodations, flexibility is the key. You have to be ready to compromise on certain aspects, whether it be location, space, or amenities. Before doing your research, decide what your priorities are and what you are willing to let go. This will make it easier to narrow down your options and find a place within your budget.

Finding yourself a budget-friendly student accommodation requires effort and research. As long as you’re ready to make some compromises, you’ll be all good. It’s important to remember that you won’t be living there forever, so it’s not worth it to force yourself to go beyond your budget.

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