May 21, 2013

Rents and Rentals in Manawatu / Wanganui

Manawatu / Wanganui / Wairarapa weekly rents for unfurnished accommodation. Houses in Manawatu | Wanganui | Wairarapa |
Palmerston North | Masterton | Roslyn


Manawatu / Wanganui / Wairarapa 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:
Horowhenua District $170 $185 $200
Manawatu District $210 $230 $250
Palmerston North – Awapuni South / Westend $230 $250 $280
Palmerston North – Hokowhitu West and Lagoon $245 $260 $277
Palmerston North – Hospital / Papaeoia $222 $270 $275
Palmerston North – Kelvin Grove / Roslyn $207 $240 $250
Palmerston North – Palmerston North Central $205 $260 $280
Palmerston North – Takaro / Cloverlea / Milson $220 $235 $260
Palmerston North – Terrace End / Hokowhitu East $230 $260 $270
Rangitikei District $140 $160 $170
Ruapehu District $140 $165 $180
Tararua District $142 $155 $170
Wairarapa – Carterton $190 $210 $220
Wairarapa – Masterton $200 $215 $238
Wanganui District $165 $190 $216

Manawatu / Wanganui / Wairarapa 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:
Horowhenua District $200 $220 $250
Manawatu District $240 $260 $280
Palmerston North – Awapuni South / Westend $270 $290 $320
Palmerston North – Hokowhitu West and Lagoon $280 $325 $350
Palmerston North – Hospital / Papaeoia $272 $300 $350
Palmerston North – Kelvin Grove / Roslyn $260 $280 $315
Palmerston North – Palmerston North Central $252 $290 $300
Palmerston North – Takaro / Cloverlea / Milson $262 $290 $310
Palmerston North – Terrace End / Hokowhitu East $280 $300 $330
Rangitikei District $170 $185 $200
Ruapehu District $165 $190 $202
Tararua District $165 $180 $200
Wairarapa – Carterton $230 $240 $265
Wairarapa – Masterton $240 $250 $275
Wanganui District $180 $220 $250

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 Manawatu / Wanganui the most expensive average rent for a two bedroomed house is in Palmerston North suburbs Hospital / Papaeoia at $270 per week. The cheapest is in Rangitikei District at $160 per week.

For a three bedroomed house in Manawatu / Wanganui the most expensive average rent is in Palmerston North suburbs Hokowhitu West and Lagoon at $325 per week and the cheapest is in Tararua District at $180 per week.

Return to the Rentals New Zealand Main Page.

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