Palmerston North · January 2026 quarter
Average rent in Palmerston North Central
The typical rent in Palmerston North Central is $520 a week (up about 61% on a year earlier), measured across 312 active bonds in the January 2026 quarter. Official MBIE Tenancy Services bond data, not listing prices.
Rent by bedrooms
| Size | Typical rent | Cheaper quarter | Dearer quarter | Active bonds |
|---|---|---|---|---|
| 1 bedroom | $350/wk | $350/wk | $435/wk | 117 |
| 3 bedrooms | $620/wk | $550/wk | $680/wk | 39 |
| 4 bedrooms | $620/wk | $575/wk | $620/wk | 18 |
| All sizes | $520/wk | $350/wk | $605/wk | 312 |
Figures are for the Palmerston North Central statistical area. Source: MBIE Tenancy Services rental bond data, January 2026 quarter. Bonds lodged with Tenancy Services, so this reflects rents actually paid, not asking prices.
Rent trend
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