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National rents up YoY for the first time in 18 months

Rental Price Index - August 2026

By Casey Wylde 25 September 2026

Supply squeezes as demand lifts

Otago claims top spot while Christchurch hits record high

Rent by property size across the motu.

Large homes lead price growth

Rental Price Index - July 2026
RegionRental Price Index 
Auckland Auckland $660$660
Bay of Plenty Bay of Plenty $660$660
CanterburyCanterbury$600$600
GisborneGisborne$585$585
Hawke's BayHawke's Bay$610$610
Manawatu/WhanganuiManawatu/Whanganui$550$550
MarlboroughMarlborough$560$560
Nelson/TasmanNelson/Tasman$580$580
NorthlandNorthland$600$600
OtagoOtago$700$700
SouthlandSouthland$480$480
TaranakiTaranaki$575$575
WaikatoWaikato$595$595
WellingtonWellington$600$600
West CoastWest CoastNANA
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Author

Casey Wylde Casey Wylde
Spokesperson and Industry Success Manager