Sydney, New South Wales, has the highest rent prices in Australia, and is ranked in the top 10 most expensive places to rent on the planet.

One third of Australians currently rent, with that percentage expected to dramatically increase over the next decade.

So, what does $350 rent a week get you in Sydney? And how does that compare with a far less densely populated capital like Hobart? We did some research, and the differences are stark.

Sydney, NSW

When I searched places to rent in Sydney for $350 a week, the first page did not offer properties.

It offered exclusively car spots.

But eventually I came across some inner city apartments, which featured the basics. This one, in Ultimo, is three kilometres, or a 13 minute drive, from the city centre.

Sydney, NSW.

You’re looking at a one bedroom, one bathroom unit. Most were studio apartments, and this one seemed to only fit a single bed.

That price, of course, drops once you move further away from the city.

To view this property in full, visit realestate.com.au.

Melbourne, Victoria

Melbourne offered no car spaces. Instead, for $350 you’re looking at areal life apartment with separate rooms and everything.

There are a number of modern options within five kilometres of the CBD.

But similar to Sydney, almost all options were one bedroom, one bathroom.

Melbourne, Victoria.

To view this property in full, visit realestate.com.au.

Hobart, Tasmania

Holy moley.

In Hobart, you can live in a three bedroom, one bathroom house, with two car spots and a backyard for $350 a week. With a shed. And Apricot trees.

Hobart, Tasmania.

This house is fully renovated, with heating, and is only 15 minutes from Hobart’s CBD.

For $350 in Hobart, your options are extensive.

To view this property in full, visit realestate.com.au.

Perth, Western Australia

In Perth, you can comfortably find a two bedroom apartment within 5km of the city centre for $350 or less.

Most are apartments or units, but are relatively spacious.

Perth, Western Australia.