What it costs to rent in Timaru
What students and tenants actually pay in Timaru, how rents have moved, and how the suburbs compare. Reviews from people who have lived here sit further down. Rent figures come from government bond records.
2,511
Rental properties
$470/wk
Most pay $410 to $530
Normal flat
+62.1%
Growth, 10 years
0
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Flatchat coverage
155 of about 2,511 rental properties in Timaru are on Flatchat.
About 6% of the market covered so far. Lived in one we have missed? Add it.
Rent data: MBIE bond data (CC BY 4.0). Latest period Mar 2026.
Rent over time
Fifteen years of Timaru rent. The line is what the normal flat rents for each year; the shaded band shows the range most people pay. Useful for seeing whether rents are still climbing before you sign.
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.