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Rental market heats up with first national increase for 2026
Rental Price Index - April 2026
By Casey Wylde 19 May 2026
Median weekly rents by region, April 2026
Regional markets drive the trend
Main centres still dropping in rents
Prices drop for apartment and townhouses
New record high for family homes in Christchurch
Median weekly rent by property type, and region. April 2026
| Region | Rental Price Index | ||
|---|---|---|---|
| Auckland | Auckland | $660 | $660 |
| Bay of Plenty | Bay of Plenty | $670 | $670 |
| Canterbury | Canterbury | $580 | $580 |
| Gisborne | Gisborne | $630 | $630 |
| Hawke's Bay | Hawke's Bay | $640 | $640 |
| Manawatu/Whanganui | Manawatu/Whanganui | $550 | $550 |
| Marlborough | Marlborough | $595 | $595 |
| Nelson/Tasman | Nelson/Tasman | $620 | $620 |
| Northland | Northland | $595 | $595 |
| Otago | Otago | $640 | $640 |
| Southland | Southland | $495 | $495 |
| Taranaki | Taranaki | $600 | $600 |
| Waikato | Waikato | $590 | $590 |
| Wellington | Wellington | $600 | $600 |
| West Coast | West Coast | NA | NA |
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