Median weekly rent, new rentals was $590 in Jul 2026, unchanged on a year earlier.
Updated
Source: Ministry of Business, Innovation and Employment (Tenancy Services). Last retrieved 10 October 2026.
| Period | Median weekly rent, new tenancies (NZ$) | Lower-quartile weekly rent (NZ$) | Upper-quartile weekly rent (NZ$) |
|---|---|---|---|
| Jul 2026 | $590 | $485 | $700 |
| Jun 2026 | $595 | $485 | $700 |
| May 2026 | $600 | $495 | $700 |
| Apr 2026 | $600 | $495 | $700 |
| Mar 2026 | $595 | $480 | $700 |
| Feb 2026 | $585 | $465 | $700 |
| Jan 2026 | $600 | $490 | $750 |
| Dec 2025 | $599 | $490 | $700 |
| Nov 2025 | $595 | $490 | $700 |
| Oct 2025 | $590 | $480 | $690 |
| Sep 2025 | $590 | $480 | $695 |
| Aug 2025 | $590 | $485 | $695 |
| Jul 2025 | $590 | $475 | $695 |
| Jun 2025 | $595 | $480 | $700 |
| May 2025 | $595 | $490 | $700 |
| Apr 2025 | $600 | $497 | $700 |
| Mar 2025 | $600 | $485 | $700 |
| Feb 2025 | $600 | $480 | $725 |
| Jan 2025 | $615 | $490 | $750 |
| Dec 2024 | $600 | $495 | $720 |
Lines break at accounting-basis changes and missing periods. Source: Ministry of Business, Innovation and Employment (Tenancy Services).
The median weekly rent for new rentals across New Zealand each month, from tenancy bond records, with the lower and upper quartiles and the number of new bonds lodged. Monthly from 1993.
These affect how the figures can be compared.
The latest ten periods for up to the first six series. Downloads contain every published observation.
| Period | Median weekly rent, new rentals | Lower-quartile weekly rent | Upper-quartile weekly rent | New bonds lodged |
|---|---|---|---|---|
| Jul 2026 | $590 | $485 | $700 | 15,114 |
| Jun 2026 | $595 | $485 | $700 | 13,419 |
| May 2026 | $600 | $495 | $700 | 14,367 |
| Apr 2026 | $600 | $495 | $700 | 13,377 |
| Mar 2026 | $595 | $480 | $700 | 14,502 |
| Feb 2026 | $585 | $465 | $700 | 17,658 |
| Jan 2026 | $600 | $490 | $750 | 17,829 |
| Dec 2025 | $599 | $490 | $700 | 14,013 |
| Nov 2025 | $595 | $490 | $700 | 14,313 |
| Oct 2025 | $590 | $480 | $690 | 14,205 |
Download the file, attach it in the assistant you use, then paste the prompt. Whatever it tells you is its reading of the data, not ours.
The attached CSV is Median weekly rent (new tenancies) (median-rent), from Ministry of Business, Innovation and Employment (Tenancy Services), Rental bond data: monthly by region. Describe how each measure has changed, naming its unit and period. Treat changes in basis and missing periods as breaks. Distinguish observation from explanation. Limitations: new rentals only: what new renters pay, not the average rent of all existing tenancies (see CPI rents for that). Changes in the mix of homes being let (size, location) affect the median. Dollars are not adjusted for inflation.. Do not infer causation from changes during government terms.
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