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Bay of Plenty now priciest region as supply squeeze hits
Rental Price Index - March 2026
By Casey Wylde 22 April 2026
Median weekly rents by region, March 2026
Bay of Plenty vs. Auckland: Battle for most expensive place to rent.
Regional markets tell different stories
Prices drop for apartment and townhouses
Median weekly rent by property type, and region. March 2026
| Region | Rental Price Index | ||
|---|---|---|---|
| Auckland | Auckland | $660 | $660 |
| Bay of Plenty | Bay of Plenty | $675 | $675 |
| Canterbury | Canterbury | $570 | $570 |
| Gisborne | Gisborne | $650 | $650 |
| Hawke's Bay | Hawke's Bay | $620 | $620 |
| Manawatu/Whanganui | Manawatu/Whanganui | $550 | $550 |
| Marlborough | Marlborough | $550 | $550 |
| Nelson/Tasman | Nelson/Tasman | $580 | $580 |
| Northland | Northland | $595 | $595 |
| Otago | Otago | $600 | $600 |
| Southland | Southland | $500 | $500 |
| Taranaki | Taranaki | $600 | $600 |
| Waikato | Waikato | $580 | $580 |
| Wellington | Wellington | $620 | $620 |
| West Coast | West Coast | NA | NA |
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