May 22, 2013

Rents and Rentals in the Bay of Plenty

Bay of Plenty weekly rents for unfurnished accommodation. Two and Three Bedroomed houses | Bay of Plenty | Rotorua | Tauranga | Whakatane

Bay of Plenty Weekly Rent For 2 Bedroom houses – Unfurnished

Location One quarter of 2 bedroom houses rent for less than: Average (median) rent for a 2 bedroom house: One quarter of 2 bedroom houses rent for more than:
Kawerau $160 $160 $180
Opotiki $160 $177 $200
Rotorua – Holdens Bay / Owhata / Ngapuna $200 $225 $260
Rotorua – Kuirau / Hillcrest / Glenholme $206 $240 $263
Rotorua – Ngongotaha / Pleasant Heights / Koutu $190 $215 $230
Rotorua – Pukehangi South / Springfield $237 $252 $290
Tauranga – Bethlehem / Otumoetai $270 $285 $300
Tauranga – Mt Maunganui $287 $305 $332
Tauranga – Papamoa Beach $265 $285 $300
Tauranga – Pyes Pa / Hairini / Welcome Bay $265 $285 $290
Tauranga – Tauranga Central / Greerton $265 $285 $300
Western Bay of Plenty – Waihi Beach / Omokoroa $220 $237 $262
Whakatane $221 $250 $270

Bay of Plenty Weekly Rent For 3 Bedroom Houses – Unfurnished

Location One quarter of 3 bedroom houses rent for less than: Average (median) rent for a 3 bedroom house: One quarter of 3 bedroom houses rent for more than:
Kawerau $175 $190 $200
Opotiki $180 $200 $210
Rotorua – Holdens Bay / Owhata / Ngapuna $248 $280 $320
Rotorua – Kuirau / Hillcrest / Glenholme $260 $280 $310
Rotorua – Ngongotaha / Pleasant Heights / Koutu $230 $255 $280
Rotorua – Pukehangi South / Springfield $270 $300 $330
Tauranga – Bethlehem / Otumoetai $310 $340 $370
Tauranga – Mt Maunganui $325 $350 $380
Tauranga – Papamoa Beach $320 $350 $380
Tauranga – Pyes Pa / Hairini / Welcome Bay $300 $330 $360
Tauranga – Tauranga Central / Greerton $300 $320 $340
Western Bay of Plenty – Waihi Beach / Omokoroa $265 $300 $331
Whakatane $280 $300 $330

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 house is in Tauranga – Mt Maunganui at $305 per week. The cheapest is in Kawerau at $160 per week.

For a three bedroomed house in Bay of Plenty the most expensive average rent is in Tauranga – Mt Maunganui at $350 per week and the cheapest is in Kawerau at $190 per week.

Return to the Rentals New Zealand Main Page.

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