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NZ rent data

NZ rent prices by city

Median weekly rent by city, from official MBIE bond data for the period ending May 2026. Select a city for the full breakdown by bedroom count and property type.

Median weekly rent by New Zealand city
CityMedian weekly rentNew tenancies
ALL$790690
Queenstown-Lakes District$790690
Far North District$550273
Waimakariri District$600222
South Waikato District$515168
Manawatu District$550150
Carterton District$50036
Wairoa District$47533

Figures are the median weekly rent on new tenancy bonds lodged with MBIE Tenancy Services, by dwelling type and bedroom count. These are signed rents, not asking prices. Low-sample cells are suppressed under MBIE's reliability rule and counts are randomly rounded, so treat them as indicative.

How we calculate this

We ingest MBIE's official Market Rent statistics, which are drawn from every bond lodged with Tenancy Services. Because a bond is lodged for essentially every new tenancy, this is the most complete rent dataset in New Zealand, and it reflects rents that were actually agreed rather than what a listing asked for. We refresh it monthly.