Suburb rent · Pegasus, Waimakariri

What it costs to rent in Pegasus

The normal flat in Pegasus rents for about $630 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.

189 rental propertiesUpdated Jan 2026

189

Rental properties

$630/wk

Most pay $605 to $650

Normal flat

-3.1% in a year

+37%

Growth, 10 years

+3.2% a year

+31%

Growth, 5 years

+5.6% a year

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

How Pegasus compares

vs Waimakariri

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

Rent growth, 10 years

Rent in Pegasus grew 37% over 10 years, against Waimakariri’s 43%.

That is 6 points slower than Waimakariri as a whole.

Rent over time

15 years

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

$630/wknormal flat, 2026

$300$400$500$600$700$800

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 Pegasus 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 Pegasus. Lived here? Be the first to share your experience.

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Pegasus, Waimakariri

3 bed

$640/wk

23 Pounamu Place

Pegasus, Waimakariri

3 bed

$560/wk

3 Tommy Street

Pegasus, Waimakariri

4 bed

$690/wk

View all 25 flats