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Rental slide over as tenant demand outpaces supply

Rental Price Index - September 2026

By Casey Wylde 26 October 2026

Fewer listings, more competition

Regions lead the bounce back

Rent across the motu in September.

Christchurch’s big family homes overtake Auckland

Rental Price Index - July 2026
RegionRental Price Index 
Auckland Auckland $660$660
Bay of Plenty Bay of Plenty $640$640
CanterburyCanterbury$590$590
GisborneGisborne$655$655
Hawke's BayHawke's Bay$600$600
Manawatu/WhanganuiManawatu/Whanganui$550$550
MarlboroughMarlborough$580$580
Nelson/TasmanNelson/Tasman$590$590
NorthlandNorthland$600$600
OtagoOtago$650$650
SouthlandSouthland$500$500
TaranakiTaranaki$600$600
WaikatoWaikato$600$600
WellingtonWellington$600$600
West CoastWest CoastNANA
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Author

Casey Wylde Casey Wylde
Spokesperson and Industry Success Manager