Market rent in Palmerston North (Palmerston North) 01 Mar 2023 - 31 Aug 2023

  • Bonds 1317
  • Lower ($)300
  • Median ($)400
  • Upper ($)520

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Palmerston North - Palmerston North 01 Mar 2023 - 31 Aug 2023
Apartment
Size Active bonds Lower Quartile Median Rent Upper Quartile
2 bedrooms 45 $380 $425 $490
Flat
Size Active bonds Lower Quartile Median Rent Upper Quartile
1 bedroom 102 $305 $340 $360
2 bedrooms 249 $380 $400 $436
House
Size Active bonds Lower Quartile Median Rent Upper Quartile
1 bedroom 33 $278 $330 $370
2 bedrooms 210 $400 $450 $470
3 bedrooms 246 $518 $550 $593
4 bedrooms 111 $560 $580 $650
Room
Size Active bonds Lower Quartile Median Rent Upper Quartile
1 bedroom 102 $205 $205 $284

This data is updated monthly and contains bond information from the previous 6 months (not including the most recent month). For example, the update in February will include bond information from 1 July - 31 December.

It is a useful guide for landlords and tenants but should not be used alone to determine the market rent of any property.

The default market rent area displayed is based on your IP address.

The market rent amount listed is weekly rent.

The total bond in the green box above includes all bonds. The 'active bonds' column of the data for each dwelling type below includes all current bonds for the 6 month period.

Market rent explained has more information.

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