Suburb rent · Grasmere, Invercargill

What it costs to rent in Grasmere

The normal flat in Grasmere rents for about $540 a week, from government bond records. No one has reviewed a flat here yet, but the rent figures still tell you what living in the area costs.

255 rental propertiesUpdated Jan 2026

255

Rental properties

$540/wk

Most pay $500 to $573

Normal flat

+0% in a year

+105%

Growth, 10 years

+7.5% a year

+35%

Growth, 5 years

+6.2% a year

Rent data: MBIE bond data (CC BY 4.0). Latest period Jan 2026. Typical rent for Grasmere is exact.

How Grasmere compares

vs Invercargill

How rent here measures up against the wider city, so you can tell whether Grasmere is dearer, cheaper, or rising faster than Invercargill as a whole.

Rent growth, 10 years

Rent in Grasmere grew 105% over 10 years, against Invercargill’s 94%.

That is 11 points faster than Invercargill as a whole.

Rent over time

15 years

Fifteen years of Grasmere rent from government bond records. The line is what the normal flat rents for; the band shows the range most people pay.

$540/wknormal flat, 2026

$200$300$400$500$600

201120182026

What the normal flat rentsWhere most rents fall

Rents jump every January because that is when most student flats sign new leases for the year, and brand new tenancies rent higher than the standing stock. The line settles back by autumn. Source: MBIE bond data.

What tenants say

no reviews yet

No one has reviewed a flat in Grasmere yet. The rent figures above still stand on their own, and your review would be the first.

No tenant reviews here yet

The rent figures above come from government bond records, so this page still tells you what it costs to live in Grasmere. Lived here? Be the first to share your experience.

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