Average Rent In New Zealand

Date Dec 8, 2021
Blog category Power
By Staff writer
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Contents:

Average Rent in New Zealand major cities:

Ever wondered how much the average rent in New Zealand actually is? Let's get you updated.

If you're moving to New Zealand for work, university, or planning a long vacation in the North Island, you should consider how much you'll pay for rent and living expenses throughout your stay.

Rental costs in New Zealand are computed on a weekly basis. Rates are determined by the location, size of the property, agreement with your landlord, and any unanticipated occurrences (such as a pandemic) that may have a major impact on your contract. 

There are two types of rental agreements in NZ. You can choose either a fixed-term or periodic term agreement.

A fixed-term tenancy is commonly for short to medium-term contracts. Periodic tenancy agreements, on the other hand, last until either the tenant or the landlord gives the notice to terminate the contract.

Before signing a tenancy agreement, make sure you understand all the provisions that you and your landlord have agreed to, such as basic and shared utilities, which are usually paid for by your landlord. This includes:

  • Electricity and gas, and refilling gas bottles
  • Telephone and internet
  • Water fees, if the supplier charges by use

Read: How Much Is The Average Weekly Grocery Bill In New Zealand?

What bills do tenants in New Zealand have to pay?

As long as there are separate reading metres for basic services like water, electricity, and internet (in addition to the gas used), the tenant will be responsible for his own bills.

Your landlord is in charge of water and wastewater charges, common facilities, providing a gas cylinder, and paying any gas bottle hire expenses.

Read: What's The Average Water Bill In NZ?

What type of insurance should a tenant get?

As a tenant, you are responsible for insuring your belongings and protecting them from risk through contents insurance, while your landlord is responsible for ensuring their rental property against any damage.

How much deposit do I need to pay for a rental in New Zealand?

Once you move into the property, your landlord may ask for a bond to cover unpaid rent, property damage, or tenancy-related disputes.

Tenants who have been responsible for taking care of the property, paid rent in full, and paid any outstanding balances should be entitled to a refund when the tenancy expires.

How much is rent in New Zealand?

Rental payments vary depending on the place and dwelling type you’re leasing but it can go between $250 to $1000 per week. According to the UK's Cost of Rent Index Study, New Zealand ranks 13th in the world for the most expensive rentals, with Kiwis spending 33.12% of their monthly salary on rent.

Note: This data includes rental rates from May 2021 to October 2021 courtesy of Tenancy NZ

Read: Your Guide To The Best Movers In New Zealand

Average rent in Central Auckland 

The cheapest you can get is a weekly rent of $190 for a 1-bedroom dwelling, while the most expensive is $1038 per week for a 3-bedroom house. 

Apartment

Size Rent per week
1 bedroom  $350 to $480
2 bedrooms $400 to $600
3 bedrooms $600 to $950
4 bedrooms  $180 to $673

House 

Size Rent per week
1 bedroom $328 to $470
2 bedrooms $380 to $550
3 bedrooms $715 to $1100

Room 

Size Rent per week
1 bedroom $180 to $295

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Average rent in Wellington - Central

The cheapest you can get is $330 per week for a 1-bedroom apartment, while the most expensive is $1275 per week for a 3-bedroom apartment. 

Apartment 

Size Rent per week
1 bedroom $330 to $495
2 bedrooms $559 to $750
3 bedrooms $856 to $1275

House 

Size Rent per week
2 bedroom  $684

Room

Size Rent per week
1 bedroom $378 to $818

Read: Cost Of Living In NZ For Students And Expats

Average rent in Christchurch 

The cheapest you can get is $188 per week for a 1-bedroom dwelling, while the most expensive is $665 per week for a 4-bedroom house. 

Apartment 

Size Rent per week
1 bedroom $340 to $410
2 bedroom $400 to $495
3 bedroom  $495 to $560

House 

Size Rent per week
1 bedroom $360 to $400
2 bedrooms $410 to $480
3 bedrooms $454 to $600
4 bedrooms $400 to $665

Room

Size Rent per week
1 bedroom $188 to $243

Read: New Zealand Internet Cost vs The World

Average rent in Hamilton 

The cheapest you can get is $235 per week for a 1-bedroom dwelling, while the most expensive is $665 per week for a 3-bedroom apartment. 

Apartment 

Size Rent per week
1 bedroom $330 to $370
2 bedrooms  $380 to $528
3 bedrooms $581 to $665

House 

Size Rent per week
1 bedroom $3260 to $368
2 bedrooms  $410 to $480
3 bedrooms  $550 to $575

Room

Size Rent per week
1 bedroom $235 to $260

Read: Top 10 Fastest Broadband Providers In New Zealand

Average rent in Nelson 

The cheapest you can get is $373 per week for a 2-bedroom flat, while the most expensive is $865 per week for a 3-bedroom home. 

Flat

Size Rent per week
2 bedrooms $373 to $398

House 

Size Rent per week
2 bedrooms $430 to 545
3 bedrooms  $533 to $865

Read: The Best Power Deals In NZ For Long-Term Savings

Average rent in Dunedin

The cheapest you can get is $190 per week for a 1-bedroom dwelling, while the most expensive is $1014 per week for a 5-bedroom house. 

Apartment 

Size Rent per week
1 bedroom $303 to $438
2 bedrooms $355 to $490

House 

Size Rent per week
1 bedroom $275 to $450
2 bedrooms $335 to $470
3 bedrooms $450 to $540
4 bedrooms $430 to $500
5 or more bedrooms $800 to $1014

Room

Size Rent per week
1 bedroom $190 to $258

Read: NZ Broadband Deals: Where To Get Free Netflix, HBO, Amazon Prime Video, And Disney+

Average rent in Gisborne 

The cheapest you can get is $320 per week for a 1-bedroom flat, while the most expensive is $513 per week for a 2-bedroom house. 

Apartment 

Size Rent per week
1 bedroom $330 to $395

House 

Size Rent per week
2 bedrooms $400 to $513
3 bedrooms $450 to $500

Flat

Size Rent per week
1 bedroom $320 to $350

Read: How To Get A Mortgage In New Zealand: The Beginner’s Guide

Average rent in Cambridge 

The cheapest you can get is $328 per week for a 2-bedroom house, while the most expensive is $743 per week for a 5-bedroom house. 

Apartment 

Size Rent per week
2 bedrooms $500 to $508

House 

Size Rent per week
2 bedrooms $430 to $475
3 bedrooms  $550 to $600
4 bedrooms $625 to $700
5 or more bedrooms $665 to $743

Flat

Size Rent per week
1 bedroom $328 to $343
2 bedrooms $358 to $445

Wherever you decide to move in NZ, know that you can always use glimp for FREE to compare Power plans and find the best deals in your area.

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