Market rent in Te Aro (Wellington) 01 Sep 2024 - 28 Feb 2025

  • Bonds 5019
  • Lower ($)420
  • Median ($)550
  • Upper ($)700

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Wellington - Te Aro 01 Sep 2024 - 28 Feb 2025
Apartment
Size Active bonds Lower Quartile Median Rent Upper Quartile
1 bedroom 1716 $415 $495 $564
2 bedrooms 1056 $570 $650 $750
3 bedrooms 351 $750 $815 $950
4 bedrooms 105 $700 $850 $976
5+ bedrooms 81 $925 $1125 $1320
Boarding House
Size Active bonds Lower Quartile Median Rent Upper Quartile
1 bedroom 177 $260 $313 $325
Flat
Size Active bonds Lower Quartile Median Rent Upper Quartile
1 bedroom 102 $395 $400 $460
2 bedrooms 48 $569 $588 $621
3 bedrooms 39 $685 $710 $818
5+ bedrooms 15 $1140 $1295 $1320
House
Size Active bonds Lower Quartile Median Rent Upper Quartile
1 bedroom 165 $420 $500 $520
2 bedrooms 162 $560 $650 $700
3 bedrooms 102 $731 $795 $896
4 bedrooms 69 $999 $1060 $1124
5+ bedrooms 60 $1048 $1225 $1375

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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