How much does student accommodation cost in Frankston?
Frankston Student Accommodation reviewed local accommodation pricing to give students a clearer picture of what they may encounter when searching for somewhere to live around Frankston and the Peninsula.
A difference of almost $200 per week.
In FSA's review of accommodation available to students around the area, weekly prices ranged from approximately $230 per week at the lower end to around $420 per week at the upper end. But the headline price doesn't tell the whole story: accommodation type, bills, facilities and inclusions can vary considerably.
There isn't one “student rent” in Frankston.
Students searching for accommodation around Frankston can encounter several very different types of housing.
These can include rooms in ordinary shared houses, purpose-built or dedicated private student accommodation, university-provided accommodation and other private rental arrangements.
Our September 2026 review found a fairly broad spread of advertised weekly costs.
At the lower end, we observed standard shared-house rooms around $230 per week. At the other end of the local range, some accommodation reached approximately $420 per week.
Dedicated private student accommodation generally occupied the middle of that range, with pricing we observed commonly sitting at approximately $300–$350 per week.
What students may encounter when comparing options.
Standard shared house
Lower-priced shared-house accommodation observed during our review. The example at this price did not include household bills.
Private student accommodation
The approximate range commonly observed by FSA for dedicated private student accommodation in the local area. Inclusions vary by provider.
Monash Peninsula
Approximately $342 per week for a place in shared university accommodation based on the pricing reviewed for this comparison.
Higher-priced accommodation
Around the upper end of the weekly accommodation pricing encountered in FSA's local review.
Where different options sit in the local market.
Private student accommodation sits around the middle.
FSA's research found dedicated private student accommodation commonly around the $300–$350 per week range.
This puts many dedicated student options above the cheapest standard share-house rooms we observed, but below the upper end of the broader local accommodation range.
Price alone shouldn't be used to assume one option is cheaper overall. Students should compare what is actually included in the weekly rate.
How does Monash Peninsula compare?
For comparison, accommodation associated with Monash University Peninsula Campus was approximately $342 per week for a place in shared accommodation based on the pricing reviewed for this article.
That places the approximate Monash figure within the same broad pricing territory as the $300–$350 per week range FSA observed for dedicated private student accommodation locally.
The accommodation itself and what is included aren't necessarily equivalent, however, so students should compare more than the weekly number.
The lower-end $230 shared-house example observed by FSA did not include bills, demonstrating why students should look at total living costs rather than rent alone.
What does the weekly price actually include?
Comparing accommodation purely by advertised weekly rent can be misleading.
The approximately $230 per week shared-house example at the lower end of FSA's review did not include bills.
Depending on the accommodation, students may need to consider electricity, gas, water, internet and other household costs on top of the advertised rent.
Other accommodation may bundle some or all of those costs into the weekly rate.
When comparing two rooms, students should therefore calculate the likely total weekly cost rather than simply choosing the listing with the smallest headline number.
How to interpret these figures.
A local pricing snapshot
These figures represent accommodation pricing observed by Frankston Student Accommodation during its September 2026 review of options relevant to students around the local area.
Not every property is identical
Room type, property type, location, facilities, bills, furnishing and other inclusions can differ substantially, so the figures should not be treated as like-for-like properties.
Prices change
Accommodation pricing and availability can change at any time. Students should confirm the current weekly rate and inclusions directly before making an accommodation decision.
Explore student accommodation options around Frankston.
Compare university accommodation, dedicated private student accommodation and other ways of finding somewhere to live while studying in the area.
Finding somewhere to live around Frankston.
Students have several ways to find accommodation around Frankston, from dedicated student properties and on-campus accommodation to share houses and short-term stays. Compare the different options and contact providers directly for current availability.
Dedicated student accommodation
Local accommodation focused specifically on students living and studying around Frankston.
MPG Lodge
Purpose-focused student accommodation in Frankston for students looking for a more structured alternative to a general share house or private rental.
Peninsula Student Living
A local student accommodation option serving students around Frankston and the Peninsula, with accommodation designed around student living.
More ways to find accommodation
On-campus housing, shared accommodation and short-term options can all form part of a wider Frankston accommodation search.
Accommodation
Monash University
Students studying at Monash University Peninsula Campus can also investigate university accommodation. Check current availability, eligibility and application information directly with Monash.
Flatmates.com.au
Search for rooms in existing share houses and other shared accommodation around Frankston and surrounding suburbs.
Airbnb
Useful for exploring short-term stays while getting established in Frankston or continuing to search for longer-term accommodation.
Frankston Student Accommodation is an independent student information directory. Accommodation availability, pricing, eligibility and conditions should be confirmed directly with the relevant provider or platform. FSA is not affiliated with or endorsed by Monash University.
FSA pricing research is intended as a general snapshot of accommodation pricing observed around the Frankston area in September 2026 and is not a comprehensive survey of every available property. Figures are approximate and accommodation types and inclusions differ. The approximately $342 Monash figure reflects the pricing used for this comparison and should be confirmed directly with Monash University before relying on it. Prices and availability may change. Always confirm current rent, bills, inclusions, bond, eligibility, availability and other accommodation terms directly with the relevant provider, university, platform or advertiser.