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Stagnant rents give Kiwi tenants an effective rent cut

Rental Price Index - July 2026

By Casey Wylde 22 July 2026

Median weekly rents by region, July 2026

Strong inventory gives renters plenty of choice

Regional movements and record highs in Canterbury

Rent by property size across the motu.

Rental Price Index - July 2026
RegionRental Price Index 
Auckland Auckland $655$655
Bay of Plenty Bay of Plenty $650$650
CanterburyCanterbury$595$595
GisborneGisborne$650$650
Hawke's BayHawke's Bay$635$635
Manawatu/WhanganuiManawatu/Whanganui$550$550
MarlboroughMarlborough$580$580
Nelson/TasmanNelson/Tasman$600$600
NorthlandNorthland$600$600
OtagoOtago$650$650
SouthlandSouthland$520$520
TaranakiTaranaki$575$575
WaikatoWaikato$590$590
WellingtonWellington$600$600
West CoastWest Coast$480$480
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Author

Casey Wylde Casey Wylde
Spokesperson and Industry Success Manager