Rental units only $39 cheaper than houses per week as demand soars for affordable options

CoreLogic says units are now the only option for many tenants but supply is limited, forcing up rents

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Renting a house in Australia costs just $39 more a week than renting a unit, compared to a difference of $64 a year ago, new research shows.

Kaytlin Ezzy, an economist at property data firm CoreLogic, said Australians have been increasingly turning to units amid sky-rocketing rents. This has caused the rental price gap between houses and units to shrink as demand for units outstrips supply.