What it costs to rent in Palmerston
The normal flat in Palmerston rents for about $518 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.
45
Rental properties
$518/wk
Most pay $459 to $550
Normal flat
+116%
Growth, 10 years
+85%
Growth, 5 years
Rent data: MBIE bond data (CC BY 4.0). Latest period Oct 2025. Typical rent for Palmerston is exact.
How Palmerston compares
How rent here measures up against the wider city, so you can tell whether Palmerston is dearer, cheaper, or rising faster than Waitaki as a whole.
Rent growth, 10 years
Rent in Palmerston grew 116% over 10 years, against Waitaki’s 100%.
That is 16 points faster than Waitaki as a whole.
Rent over time
Fifteen years of Palmerston 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 Palmerston 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 Palmerston. Lived here? Be the first to share your experience.
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