New Zealand · data to Sep qtr 2026
How are rents?
Good.
Rents are rising 0.2% a year, a gentle pace.
For context: 0.2% is lower than 93% of all 106 figures since 2000.
Rents, year on year
Annual change in rents paid by households
The strip under the chart shows the verdict each period would get by today's rules:Good OK Bad
See the latest numbers
| Period | Value | Verdict |
|---|---|---|
| Sep qtr 2026 | 0.2% | Good |
| Jun qtr 2026 | 0.5% | Good |
| Mar qtr 2026 | 1.2% | Good |
| Dec qtr 2025 | 1.9% | Good |
| Sep qtr 2025 | 2.6% | Good |
| Jun qtr 2025 | 3.2% | OK |
| Mar qtr 2025 | 3.7% | OK |
| Dec qtr 2024 | 4.2% | OK |
| Sep qtr 2024 | 4.5% | OK |
| Jun qtr 2024 | 4.8% | OK |
| Mar qtr 2024 | 4.7% | OK |
| Dec qtr 2023 | 4.5% | OK |
Source: Stats NZ, Consumers price index, actual rentals for housing, annual % change (licensed CC BY 4.0) · Series CPIQ.SE9041 · Latest Sep qtr 2026
How we judged this
What we test: The latest figure (rents, year on year). Right now that's 0.2%.
- Good if under 3.0%applies now
- OK if from 3.0% to under 5.0%
- Bad if anything the rules above don’t cover
Rules are checked from the top. The first one that fits decides the verdict.
About this data
- Measure
- Rents, year on year
- Latest
- 0.2% (Sep qtr 2026)
- Published
- Quarterly, by Stats NZ
- Verdict counts for
- Equal weight with the others in the overall verdict
Rents paid by tenants across New Zealand, as measured in the CPI, from 2000.
It covers all tenants, most of whom aren't moving, so it changes more slowly than the rents asked in new listings.