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Cheap Apartments in Randwick: The Student's Guide to Affordable Renting [2024]

Find cheap student apartments in Randwick. Get tips on renting near UNSW and affordable housing for students.

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Written by Leaso
Updated over 7 months ago

Randwick is a popular suburb in Sydney, particularly for students attending the University of New South Wales (UNSW). With its proximity to the campus, lively student culture, and beautiful surroundings, it's no surprise that many students want to live in Randwick. However, the demand for rentals can make it difficult to find affordable apartments. This is where Leaso.com steps in to help students find budget-friendly apartments in this sought-after area.

Why Randwick is a Student-Friendly Area

Randwick is not only close to UNSW but also offers access to local cafes, restaurants, parks, and beaches like Coogee. The suburb's vibrant yet laid-back atmosphere is perfect for students looking to balance their studies with a relaxed lifestyle. Its excellent public transport connections to the Sydney CBD make it convenient for students who want to explore the city while still living close to campus.

Cheap Apartments and Shared Housing in Randwick

Although Randwick is a high-demand suburb, students can still find affordable rental options by considering shared apartments or renting older properties. Here are some ways students can find cheaper accommodation in Randwick:

  • Shared Apartments: Sharing an apartment with other students is one of the most effective ways to lower your rent. Many properties in Randwick are available as shared apartments, where you can split rent and utilities with roommates, making living costs more manageable.

  • Older Apartments: While newer developments in Randwick may come with a higher price tag, there are older apartment complexes that offer more affordable options. These may not have the latest amenities, but they provide a great way to live in Randwick without overspending.

How to Secure Cheap Student Apartments in Randwick

Given the competitive nature of Randwick's rental market, students need to act quickly when a new rental listing becomes available. Setting up rental alerts and staying proactive is essential for securing affordable accommodation. This is where Leaso.com becomes a powerful tool.

Stay Ahead with Rental Alerts on Leaso.com

In competitive rental markets like Randwick, setting up rental alerts is crucial for staying one step ahead. Leaso.com provides a key advantage by giving renters access to properties before they appear on major platforms like Domain or realestate.com.au, unlocking hidden rental supply.

How to Set Up Alerts on Leaso.com:

  • Create a Free Account: Sign up on Leaso.com to get started.

  • Set Your Preferences: Select your preferred property type, price range, and proximity to UNSW.

  • Enable Notifications: Opt-in for email or SMS alerts to be instantly notified when new listings, including pre-market properties, become available.

  • Discover Pre-Listed Rentals: With Leaso, you gain access to properties long before they’re listed on traditional platforms, giving you a significant edge.

Benefit: By staying ahead of the competition with rental alerts, you’ll have a better chance of securing a cheap apartment that fits your student budget. Leaso helps you stay informed, especially with pre-market listings that often offer the best deals.

How to Secure Affordable Student Housing Near UNSW

Living close to UNSW can help reduce commuting time, allowing students to focus more on their studies and enjoy the social aspects of university life. Here are some tips for finding affordable student housing near the university:

  • Look for Shared Housing: As a student, shared housing is one of the most cost-effective ways to live in Randwick. Not only can you split rent with roommates, but shared housing options are often more abundant near the university.

  • Use Leaso for Off-Market Deals: Sometimes the best rentals are not widely advertised. By using Leaso.com, you can tap into off-market listings, including lease transfers and pre-listed properties that might not show up on major rental platforms until later.

  • Consider Older Properties: Newly constructed student housing and apartment complexes near UNSW tend to be more expensive. Older properties may be a little less modern but offer cheaper rent, which is ideal for students on a budget.

Take Over an Existing Lease for Better Deals

Another great way to find cheap apartments in Randwick is by taking over an existing lease. Lease transfers are a common occurrence, especially for students who need to move out early. By taking over someone’s lease, you can often secure lower rent or benefit from more flexible lease terms.

Benefits of Taking Over a Lease:

  • Lower Rent: Tenants looking to transfer their lease quickly may offer rent at a reduced price to move out sooner.

  • Avoid Upfront Costs: You may be able to negotiate with the outgoing tenant to avoid paying certain upfront costs like bond payments or utility setup fees.

  • Flexible Lease Terms: This is a perfect option for students who may not want a long-term commitment but still need an affordable place to stay during their studies.

How Leaso.com Helps: Leaso.com makes it easy to find and take over existing leases in Randwick. By browsing listings of lease transfers, students can directly connect with outgoing tenants to negotiate favourable terms, giving them access to unique rental opportunities that aren’t available through traditional platforms.

Why Choose Leaso?

Leaso is the Tinder for renting—it connects renters directly with tenants planning to move out, giving you access to hidden rental supply well before properties hit the market. Whether you’re setting up alerts or taking over an existing lease, Leaso gives students the advantage they need in Randwick’s competitive rental market.

Final Thoughts

For students attending UNSW and looking to live in Randwick, finding affordable rentals can be tough, but with the right strategies and tools, it's entirely possible. By using Leaso.com, students can stay ahead of the competition, find hidden rental opportunities, and secure cheap apartments that fit their budgets. Whether you're looking for a shared apartment or taking over a lease, Leaso is your go-to platform for finding the perfect student housing in Randwick.

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