New Zealand’s rental market has been a rollercoaster over the past few years. As of May 2025, major centers like Auckland and Wellington continue to report soaring rental prices. However, affordable options still exist for those willing to look beyond the usual hotspots. Here’s a breakdown of the top five cities where you can still find reasonable rents in 2025.
What New Zealanders Can Claim in 2025
| City | Average Weekly Rent (May 2025) | Notable Features | Lifestyle Rating |
|---|---|---|---|
| Invercargill | $380 | Low cost of living, quiet lifestyle | 8/10 |
| Whanganui | $400 | Arts scene, historical charm | 7.5/10 |
| New Plymouth | $450 | Coastal living, strong economy | 8.5/10 |
| Palmerston North | $430 | Student city, diverse economy | 7/10 |
| Timaru | $410 | Family-friendly, strong community | 7.5/10 |
Invercargill: Affordable Comfort in the South
Invercargill remains one of New Zealand’s most affordable cities for renters. As of May 2025, the average rent sits at just $380 per week, making it highly attractive for families, retirees, and anyone seeking a slower pace of life. Invercargill offers a unique mix of wide open spaces, a strong sense of community, and easy access to natural wonders like the Catlins and Stewart Island. The city also invests heavily in infrastructure and community projects, enhancing its livability.
Whanganui: Historical Beauty Without the Price Tag
Whanganui offers a vibrant arts scene, a beautiful river setting, and a growing reputation as an affordable alternative for creatives and families. Average rents hover around $400 per week. The local government’s ongoing commitment to urban revitalization projects adds to the city’s appeal. Cultural institutions, weekend markets, and accessible outdoor activities ensure residents enjoy a balanced lifestyle without breaking the bank.
New Plymouth: Coastal Living at a Fair Price
New Plymouth’s stunning location along the Taranaki coast, combined with its robust economy, makes it a standout in 2025. With average rents around $450 per week, it strikes an excellent balance between affordability and opportunity. The city boasts a thriving oil and gas industry, a burgeoning tech sector, and an exceptional arts and dining scene. Plus, with Mount Taranaki nearby, outdoor enthusiasts find endless opportunities for hiking, surfing, and exploring.
Palmerston North: A Student City with Diverse Appeal
Often labeled a student city due to Massey University, Palmerston North offers more than just academic life. The rental market remains accessible, with averages around $430 per week. Beyond students, professionals are attracted to its diversified economy, with education, healthcare, and logistics sectors thriving. Cultural institutions like Te Manawa Museum and an expanding cafe culture add richness to everyday living. Its central location also means easy access to both Wellington and Hawke’s Bay.
Timaru: A Community-Driven Lifestyle
Timaru stands out as a family-friendly city with average rents near $410 per week. Located on the South Island’s east coast, it offers a quieter lifestyle without sacrificing essential amenities. Timaru features excellent schools, healthcare facilities, and recreational options, from Caroline Bay’s beaches to the scenic walking trails of Centennial Park. The city’s steady economy, largely based on agriculture and manufacturing, ensures stable employment opportunities.
Conclusion
Finding affordable rental housing in New Zealand is challenging but far from impossible in 2025. Cities like Invercargill, Whanganui, New Plymouth, Palmerston North, and Timaru offer accessible rents, solid community life, and ample opportunities for work and play. These locations provide a chance to escape the rental squeeze while maintaining a high quality of life. For renters willing to think outside the major cities, 2025 still holds plenty of opportunities.
FAQ About Affordable Rent in New Zealand
What is the cheapest city to rent in New Zealand in 2025?
Invercargill currently holds the title, with average weekly rents around $380.
Why are rents lower in places like Whanganui and Timaru?
Smaller population sizes, lower demand compared to bigger cities, and local economic factors help keep rents more affordable in these areas.
Is it easy to find a rental property in these affordable cities?
While demand has increased, especially from those moving out of major urban centers, rental supply in cities like Invercargill and Whanganui remains relatively healthy compared to Auckland or Wellington.
Are jobs available in smaller New Zealand cities?
Yes. Sectors like healthcare, education, agriculture, and logistics provide solid employment opportunities across these more affordable regions.
How much should I budget monthly for rent in these cities?
Depending on the city and type of property, budgeting between $1,500 to $1,800 per month would cover average rent and basic utilities.
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