You'll need $83,200/yr to live in Elizabeth South.
The 30%-rule benchmark for a single person, based on quarterly government bond data.
Location
Adelaide, SA
Rent trend
Quarterly median rent
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Pick your bracket to see weekly leftover, budget breakdown and cheaper alternatives in Elizabeth South
Closest to the $83,200/yr the 30% rule needs is highlighted.
Rent details
Suburb affordability ledger
ABS Census 2021 (income WPI-indexed to 2026) · rent vs household income
Household income is the 2021 Census median indexed forward to 2026 by ABS wage growth; rent-to-income and stress compare current rent to that estimate.
Nearby suburbs
About renting in Elizabeth South
Elizabeth South's median weekly rent is $480 a week, which puts it in the cheapest quarter of the 526 Adelaide suburbs NestLedger tracks. Only 51 tracked suburbs ask less, so for renters working to a tight budget it is one of the area's genuine value options.
Rents have climbed a moderate 7.9% over the past year. Bond-lodgement medians go from $375 in 2024-Q2 to $480 in 2026-Q1. That is a steady drift upward rather than a spike, but it still compounds against a flat salary.
Using the 30% affordability benchmark, a single renter needs about $83,200 a year to take on Elizabeth South's median weekly rent without overextending (based on the $480/wk all-dwellings median, single household). On the local median household income, Elizabeth South sits in rental stress: the median rent takes more than 30% of gross income.
Within its immediate area, Elizabeth South is already one of the cheaper picks: nearby Salisbury Plain asks $593/wk. Renters trading down from here generally need to change area rather than suburb.
Is Elizabeth South expensive to rent in?
Elizabeth South's median weekly rent is $480/wk, below the middle of the 526 Adelaide suburbs NestLedger tracks (51 tracked suburbs are cheaper).
What salary do I need to rent in Elizabeth South?
About $83,200 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $480/wk all-dwellings median, single household.
Is rent in Elizabeth South going up?
Over the past year the median weekly rent moved +7.9%, from $375 in 2024-Q2 to $480 in 2026-Q1.
How is the salary needed calculated?
The salary needed uses the 30% rule: annual income required = (weekly rent x 52) / 0.3. This is a widely used affordability benchmark: spending more than 30% of gross income on rent is considered "rental stress".
Where does the rent data come from?
Rent data comes from government bond lodgement records: NSW DCJ, QLD RTA, VIC DFFH, SA Consumer and Business Services via SA Housing Authority, and Tasmania Department of Justice rental bond data. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.