What it costs to rent in Waterloo
The normal flat in Waterloo rents for about $670 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.
474
Rental properties
~$670/wk
Most pay $577 to $735
Approximate normal flat
+50%
Growth, 10 years
+2%
Growth, 5 years
Rent data: MBIE bond data (CC BY 4.0). Latest period Jan 2026. Waterloo spans 2 statistical areas, so the typical rent shown is approximate (a bond-weighted average).
How Waterloo compares
How rent here measures up against the wider city, so you can tell whether Waterloo is dearer, cheaper, or rising faster than Lower Hutt as a whole.
Rent growth, 10 years
Rent in Waterloo grew 50% over 10 years, against Lower Hutt’s 75%.
That is 25 points slower than Lower Hutt as a whole.
Rent over time
Fifteen years of Waterloo rent. The tilde (~) marks figures that are a close estimate, because Waterloo is split across a few statistical areas and the rent is averaged across them.
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 one has reviewed a flat in Waterloo 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 Waterloo. Lived here? Be the first to share your experience.
Write a reviewFlats in Waterloo
Flats in Waterloo on Flatchat, with their rating and weekly rent. Open one to read what living there was really like.
89 Cambridge Terrace
3 bed · 2 bath · $725/wk
11/323 Riverside Drive
$650/wk
101/94 Cambridge Terrace
3 bed · 2 bath · $695/wk
86 Norton Park Grove
3 bed · 1 bath · $650/wk
86 Trafalgar Street
2 bed · 1 bath · $510/wk
2/9 Godley Street
3 bed · 1 bath · $640/wk
5/29 Bauchop Road
3 bed · 1 bath · $620/wk
5 Haig Street
2 bed · 1 bath · $530/wk
17 Birdwood Road
3 bed · 2 bath · $740/wk
28 Godley Street
3 bed · 1 bath · $580/wk
33A Bauchop Road
3 bed · 1 bath · $690/wk
29A Nile Street
2 bed · 1 bath · $560/wk
163 Waiwhetu Road
3 bed · 1 bath · $680/wk
45A Rossiter Avenue
2 bed · 1 bath · $590/wk
2/96 Cambridge Terrace
3 bed · 2 bath · $680/wk
46 Bauchop Rd
2 bed · 1 bath · $600/wk
8 Avon Street
2 bed · 1 bath · $360/wk
19A Birdwood Rd
3 bed · 1 bath · $625/wk
23 Vincent Street
3 bed · 1 bath · $710/wk
71A Cambridge Terrace
3 bed · 1 bath · $724/wk
177 Waiwhetu Road
4 bed · 2 bath · $850/wk
32 Collingwood Street
4 bed · 2 bath · $900/wk
4/11 Cressy Street
2 bed · 2 bath · $680/wk
269 Waterloo Road
3 bed · 2 bath · $850/wk