Buying guide

Where are the cheapest houses in NZ?

Looking for a cheap house? We’ve scoured the country to find the cheapest place to buy a house in Aotearoa New Zealand.

Ben Tutty
Last updated: 10 February 2026 | 3 min read
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The Property Pulse Report reveals New Zealand's most affordable regions, offering homes well below the national average. Gisborne is currently the cheapest place to buy, followed closely by other budget-friendly areas.

Key affordable regions include:

- West Coast

- Southland

- Manawatū–Whanganui

Within Auckland, the most accessible suburbs are Waitakere, Franklin, and Manukau. You can find bargains by searching on Trade Me Property and sorting by 'lowest price', but always factor in extra costs like rates and maintenance.

The 5 Cheapest Regions to Buy a House in New Zealand (July 2025)

There are still cheap properties in NZ if you know where to look.

Want to find some crazy cheap houses for yourself?

Where are the cheapest houses in Auckland?

FAQs: Buying an affordable house in NZ

Author

Ben Tutty Ben Tutty
Content Writer