Suburb rent · Oamaru, Waitaki

What it costs to rent in Oamaru

The normal flat in Oamaru rents for about $484 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.

396 rental propertiesUpdated Jan 2026

396

Rental properties

~$484/wk

Most pay $447 to $513

Approximate normal flat

+10.5% in a year

+84%

Growth, 10 years

+6.3% a year

+46%

Growth, 5 years

+7.9% a year

Rent data: MBIE bond data (CC BY 4.0). Latest period Jan 2026. Oamaru spans 4 statistical areas, so the typical rent shown is approximate (a bond-weighted average).

How Oamaru compares

vs Waitaki

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

Rent growth, 10 years

Rent in Oamaru grew 84% over 10 years, against Waitaki’s 100%.

That is 16 points slower than Waitaki as a whole.

Rent over time

15 years

Fifteen years of Oamaru rent. The tilde (~) marks figures that are a close estimate, because Oamaru is split across a few statistical areas and the rent is averaged across them.

~$484/wkapproximate normal flat, 2026

$100$200$300$400$500$600

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

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