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Are you eligible to rent an NRAS home?

The National Rental Affordability Scheme (NRAS) has been created to increase the supply and affordability of quality rental homes for low-moderate income families across Australia. So who exactly is able to rent an NRAS home?

 

NRAS tenant income levels

Eligibility to rent an NRAS property is based largely on gross annual household income levels, as specified in the NRAS Act, which sets CPI-linked income limits for every type of household.

The table below shows two income limits. To be eligible to rent an NRAS home, your current household income must not exceed the initial income limit.

Once you’re renting an NRAS home, the ‘Upper income limit’ comes into play. This allows for your household income to grow (by up to 25 percent) before your eligibility is affected.

 

Eligible Tenant income profiles (per annum; 2017/2018 NRAS Year)

Household composition Initial household
income limit ($)
Existing tenant
income limit ($)*
One adult 49,547 61,934
Two adults

68,501

85,627
Three adults 87,455 109,319
Four adults 106,409 133,012
Sole-parent with one child 68,548 85,685
Sole-parent with two children 84,983 106,229
Sole-parent with three children 101,418 126,773
Couple with one child 84,936 106,170
Couple with two children 101,371 126,714
Couple with three children 117,806 147,258
 

Download our eligibility questionnaire

If you want to apply to rent an NRAS property, or would like to calculate your household’s gross income before you do, download and complete our NRAS Tenant Income Assessment Form.

Find out more about how NRAS works or go to our Tenant Resource Centre for information about NRAS rents and savings, as well as your rights and responsibilities as a tenant. Alternatively, check out our portfolio of NRAS homes currently available to rent.