What it costs to rent in Lake Okareka
The normal flat in Lake Okareka rents for about $510 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.
57
Rental properties
$510/wk
Most pay $350 to $588
Normal flat
+76%
Growth, 10 years
+29%
Growth, 5 years
Rent data: MBIE bond data (CC BY 4.0). Latest period Apr 2025. Typical rent for Lake Okareka is exact.
How Lake Okareka compares
How rent here measures up against the wider city, so you can tell whether Lake Okareka is dearer, cheaper, or rising faster than Rotorua as a whole.
Rent growth, 10 years
Rent in Lake Okareka grew 76% over 10 years, against Rotorua’s 85%.
That is 9 points slower than Rotorua as a whole.
Rent over time
Fifteen years of Lake Okareka rent from government bond records. The line is what the normal flat rents for; the band shows the range most people pay.
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 Lake Okareka 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 Lake Okareka. Lived here? Be the first to share your experience.
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Flats in Lake Okareka on Flatchat, with their rating and weekly rent. Open one to read what living there was really like.