New Zealand rents, January–March 2025

How rents sat and moved across New Zealand in January–March 2025 — computed from that quarter's official rental-bond release.

The national picture

$600national median /wk

The national median held roughly steady over the year.

Across the 806 suburbs with enough lodged bonds to rank, the published median rent for all rentals rose in 305, held roughly steady in 178 and eased in 323 over the year to January–March 2025. Wellington Central climbed hardest (+58.7%); Silverdale (Hamilton City) moved furthest the other way (-45.2%).

over the year

Biggest risers

  1. Wellington Central+58.7%
  2. Otahuhu South West+47.5%
  3. Northcote Tuff Crater+46.7%
  4. Waitohi (Marlborough District)+46.2%
  5. Tareha Reserve+41.3%

over the year

Biggest falls

  1. Silverdale (Hamilton City)-45.2%
  2. Parkdale-28.6%
  3. Unsworth Heights East-27.6%
  4. Ngaio North-27.6%
  5. Palmerston North Central-27.4%

median /wk

Dearest suburbs

  1. Orakei West$1,100/wk
  2. Orakei East$993/wk
  3. Glendowie North$980/wk
  4. Remuera North$973/wk
  5. Westmere South-Western Springs$930/wk

median /wk

Cheapest suburbs

  1. Middleton$190/wk
  2. Dargaville$203/wk
  3. Parkdale$250/wk
  4. Welbourn$270/wk
  5. Silverdale (Hamilton City)$285/wk

bonds lodged

Busiest markets

  1. Gardens (Dunedin City)513 bonds
  2. Greensboro372 bonds
  3. Dixon Street342 bonds
  4. Symonds Street West285 bonds
  5. Campus West279 bonds

Figures are each suburb's published all-rentals median as at January–March 2025, from MBIE's detailed quarterly rental-bond data (SA2-2019 areas). Suburbs with fewer than 20 lodged bonds that quarter are set aside from the ranking (827 this quarter). Free to reuse with attribution (CC BY 3.0 NZ): "New Zealand's median weekly rent was $600 in January–March 2025, from MBIE rental bond data via RentTrends (https://renttrends.co.nz/reports/2025-q1)." · download the ranked data (CSV).