How much is rent in New Zealand?
The median weekly rent for a new tenancy was $590 (Ministry of Business, Innovation and Employment (Tenancy Services), Jul 2026).
Updated
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.
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.
A regional rent can change when the mix of newly rented properties changes. The national median gives the middle rent across new rentals, with half above it and half below it.
Read the period beside each number before comparing it with another figure. A monthly observation, a quarterly result and a financial year cover different spans of time. The latest release can also revise earlier observations. The chart and downloads keep the published periods so you can check which figures are being compared. A change in rents describes what happened during that period; it does not by itself explain why it happened or identify the effect of a government policy. Definitions and coverage matter as much as the size of a change.
Median weekly rent, new rentals was $590 in Jul 2025, a year earlier.
The earliest observation on the same basis was $150 in Feb 1993.
Rents: definitions
The median weekly rent for new rentals across New Zealand each month, from tenancy bond records, with the lower and upper quartiles and the number of new bonds lodged. Monthly from 1993.
- New rentals only: what new renters pay, not the average rent of all existing tenancies (see CPI rents for that).
- Changes in the mix of homes being let (size, location) affect the median.
- Dollars are not adjusted for inflation.
Show the figures
| Period | Median weekly rent, new tenancies (NZ$) |
|---|---|
| Jul 2026 | $590 |
| Jun 2026 | $595 |
| May 2026 | $600 |
| Apr 2026 | $600 |
| Mar 2026 | $595 |
| Feb 2026 | $585 |
| Jan 2026 | $600 |
| Dec 2025 | $599 |
| Nov 2025 | $595 |
| Oct 2025 | $590 |
| Sep 2025 | $590 |
| Aug 2025 | $590 |
| Jul 2025 | $590 |
| Jun 2025 | $595 |
| May 2025 | $595 |
| Apr 2025 | $600 |
| Mar 2025 | $600 |
| Feb 2025 | $600 |
| Jan 2025 | $615 |
| Dec 2024 | $600 |
Calendar months; rents are for bonds lodged in the month (new tenancies). Source: Ministry of Business, Innovation and Employment (Tenancy Services). Lines break at basis changes and missing periods.
Rents: questions for your AI
Download the data, attach it in your assistant, then paste the prompt.
The attached CSV is Median weekly rent (new tenancies), from Ministry of Business, Innovation and Employment (Tenancy Services). Answer: How much is rent in New Zealand? Name the unit and period. Use only directly supported observations. Definitions: 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. Limits: 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.
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Rents: sources
The source publication, licence and snapshot used to build this page.
- Organisation
- Ministry of Business, Innovation and Employment (Tenancy Services), Rental bond data: monthly by region
- Licence
- Creative Commons Attribution 3.0 New Zealand (CC BY 3.0 NZ). Source: Ministry of Business, Innovation and Employment, rental bond data, licensed under CC BY 3.0 NZ.
- Snapshot
- data/raw/mbie-rental-bonds/2026-10-10_444341b2963b.csv
- SHA256
- 444341b2963bb280859e5bdf00d677c389e25b48ecd4fd415882970aac708740
- Retrieved
- 10 October 2026