What it costs to rent in South Oamaru
The normal flat in South Oamaru rents for about $520 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.
93
Rental properties
~$520/wk
Most pay $500 to $540
Approximate normal flat
+94%
Growth, 10 years
+47%
Growth, 5 years
Rent data: MBIE bond data (CC BY 4.0). Latest period Jan 2026. South Oamaru spans 2 statistical areas, so the typical rent shown is approximate (a bond-weighted average).
How South Oamaru compares
How rent here measures up against the wider city, so you can tell whether South Oamaru is dearer, cheaper, or rising faster than Waitaki as a whole.
Rent growth, 10 years
Rent in South Oamaru grew 94% over 10 years, against Waitaki’s 100%.
That is 6 points slower than Waitaki as a whole.
Rent over time
Fifteen years of South Oamaru rent. The tilde (~) marks figures that are a close estimate, because South Oamaru is split across a few statistical areas and the rent is averaged across them.
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 South 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 South Oamaru. Lived here? Be the first to share your experience.
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