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

SizeTypical rentCheaper quarterDearer quarterActive bonds
1 bedroom$350/wk$350/wk$435/wk117
3 bedrooms$620/wk$550/wk$680/wk39
4 bedrooms$620/wk$575/wk$620/wk18
All sizes$520/wk$350/wk$605/wk312

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

2024-01
$445/wk
2024-04
$418/wk
2024-07
$395/wk
2024-10
$370/wk
2025-01
$323/wk
2025-04
$450/wk
2025-07
$400/wk
2025-10
$425/wk
2026-01
$520/wk

Is my rent too high?

Compare your rent against this data and get a copyable evidence summary for a rent conversation, the way Tenancy Services suggests.

Renting in Palmerston North Central? Check the property

Flood layers, sun and title facts for the exact address, free, before you sign a tenancy.

More rent data: NZ Rent Tracker · Palmerston North Central property checks