May 23, 2013

Flat Rents and Rentals in Bay of Plenty

Bay of Plenty weekly rents for unfurnished accommodation. Flats | Bay of Plenty | Rotorua | Tauranga | Whakatane

Bay of Plenty Weekly Rent For 2 Bedroom Flats – Unfurnished

Location One quarter of 2 bedroom flats rent for less than: Average (median) rent for a 2 bedroom flat: One quarter of 2 bedroom flats rent for more than:
Kawerau $145 $150 $160
Opotiki $155 $170 $177
Rotorua – Holdens Bay / Owhata / Ngapuna $160 $200 $232
Rotorua – Kuirau / Hillcrest / Glenholme $175 $200 $230
Rotorua – Ngongotaha / Pleasant Heights / Koutu $165 $185 $207
Rotorua – Pukehangi South / Springfield $175 $202 $220
Tauranga – Bethlehem / Otumoetai $233 $260 $280
Tauranga – Mt Maunganui $240 $265 $290
Tauranga – Papamoa Beach $221 $240 $265
Tauranga – Pyes Pa / Hairini / Welcome Bay $222 $240 $276
Tauranga – Tauranga Central / Greerton $240 $252 $277
Western Bay of Plenty – Waihi Beach / Omokoroa $170 $225 $247
Whakatane $205 $220 $240

Bay of Plenty Weekly Rent For 3 Bedroom Flats – Unfurnished

Location One quarter of 3 bedroom flats rent for less than: Average (median) rent for a 3 bedroom flat: One quarter of 3 bedroom flats rent for more than:
Kawerau $146 $165 $192
Opotiki n/a n/a n/a
Rotorua – Holdens Bay / Owhata / Ngapuna n/a n/a n/a
Rotorua – Kuirau / Hillcrest / Glenholme n/a n/a n/a
Rotorua – Ngongotaha / Pleasant Heights / Koutu $206 $245 $273
Rotorua – Pukehangi South / Springfield n/a n/a n/a
Tauranga – Bethlehem / Otumoetai $280 $315 $341
Tauranga – Mt Maunganui $261 $300 $336
Tauranga – Papamoa Beach n/a n/a n/a
Tauranga – Pyes Pa / Hairini / Welcome Bay n/a n/a n/a
Tauranga – Tauranga Central / Greerton $295 $312 $360
Western Bay of Plenty – Waihi Beach / Omokoroa n/a n/a n/a
Whakatane $240 $250 $267

The prices above were recorded during the six months to 31 December 2012.

Data provided by the Tenancy Services Division of the New Zealand Government’s Ministry of Housing.

Market rent is described in the Residential Tenancies Act as the amount of money a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas.

Rental prices from the Tenancy Services Division include rentals for social housing so market rents in the lower quarter of prices are unlikely to be found in the private sector in some suburbs.

Rental properties in New Zealand are typically let from around the beginning of the calendar year for 12 months. Because of this there is generally an increase in rents at the beginning of the year.

From the selection displayed, the Tenancy Services Division figures show that in the Bay of Plenty the most expensive average rent for a two bedroomed flat is in Tauranga – Mt Maunganui at $265 per week. The cheapest is in Kawerau at $150 per week.

For a three bedroomed flat in Bay of Plenty the most expensive average rent is in Tauranga – Bethlehem / Otumoetai at $315 per week and the cheapest is in Kawerau at $165 per week.

Return to the Rentals New Zealand Main Page.

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