National average weekly rent falls to lowest level since 2023

Monday 8 September 2025 · 2 outlets · 2 reports · updated Mon 8 Sep 2025, 2:45pm

New Zealand's average weekly rental price dropped to $628 in August 2025, a 3% decrease from the previous year. Data from realestate.co.nz shows rental listings increased by 16% year-on-year, with Wellington experiencing a significant 11.8% decline in prices.

How they headlined it

1:15pm2:45pm

1. StuffMon 8 Sep 2025, 1:15pm

   National average rent falls to lowest point since 2023 (opens in new tab)

2. RNZMon 8 Sep 2025, 2:45pm

   Rental prices fall to lowest level in two years (opens in new tab)