Rental Prices
Rental Prices
Table of Contents
This page contains copies of charts that show prices by region. These are frequently used in posts, but they are repeated here to make it easy to find a chart you are specifically interested in.
Updates are made regularly, for prices it is usually monthly after the data is published by TenancyServices or MBIE
Key data
Rent compared with Household Incomes shows the best detail of how much of their income households are prepared to spend for rentals.
Each chart has a band in green which is where market balance is being met. The dotted line is NZ as a whole.
Rental prices in each region are subject to supply and demand pressures that are different in every region.
The prices quoted are the geometric mean, this means the average taking into account variations caused by house sizes. Seasonal variations show up as a saw-tooth shape, typical in university cities.
New Zealand detail
This detail shows the seasonal variations of prices driven in the main by student relocations, supply and demand balance and the impacts of household income inflation.
Read these charts both ways, each line is the price over a year, the gaps between lines show price rises (or falls) between years.