Suburb rent · Cheltenham, Manawatu

What it costs to rent in Cheltenham

The normal flat in Cheltenham rents for about $600 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.

54 rental propertiesUpdated Oct 2025

54

Rental properties

$600/wk

Most pay $400 to $710

Normal flat

-5.2% in a year

+91%

Growth, 10 years

+6.7% a year

+36%

Growth, 5 years

+6.4% a year

Rent data: MBIE bond data (CC BY 4.0). Latest period Oct 2025. Typical rent for Cheltenham is exact.

How Cheltenham compares

vs Manawatu

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

Rent growth, 10 years

Rent in Cheltenham grew 91% over 10 years, against Manawatu’s 79%.

That is 12 points faster than Manawatu as a whole.

Rent over time

15 years

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

$600/wknormal flat, 2025
$200$300$400$500$600$700$800
201120182025
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 Cheltenham 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 Cheltenham. Lived here? Be the first to share your experience.

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Flats in Cheltenham

on Flatchat

Flats in Cheltenham on Flatchat, with their rating and weekly rent. Open one to read what living there was really like.