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Rental Price Index - February 2021

Strong rent growth in the regions drove the national median weekly rent up 2 per cent year-on-year in February

24 March 2021

40 Marne Street , Hokowhitu, Palmerston North

Auckland rents show no month-on-month change

Auckland’s most expensive districts in February (*new record)
DistrictMedian Weekly Rent
RodneyRodney$645*$645*
North Shore CityNorth Shore City$625$625
ManukauManukau$600*$600*

Wellington rents up 2 per cent

Wellington’s most expensive districts in February
DistrictMedian Weekly Rent
Wellington CityWellington City$600$600
PoriruaPorirua$585$585
Lower HuttLower Hutt$580$580

Record-breaking month for large rentals

Unit rents reach an all-time high