Maungarakei rent statistics?

Chris asks:
(updated on Tuesday, December 24th 2013)

Hello, I need to rent a room in a nice apartment in Maungarakei, Lower Hutt. Do you know how I would find information on the length of time it would take and at what price? Thinking $150 a week?

Our Experts Answer:

The Ministry of Business, Innovation & Employment provides advice under the Residential Tenancies Act 1986 (the Act), which covers the relationship between landlords and tenants. If you are seeking information about potential tenancies, you may wish to contact local agents in your area, or check listings in your area to see what properties are currently available. You may also wish to look at the Ministry of Business, Innovation & Employment’s website, which regularly publishes market rent statistics (please note, however, that this information is intended to be used as a guide only, and relate to an entire property rather than individual rooms). This link below takes you to market rent statistics for Lower Hutt: It is also recommended that you familiarise yourself with the terms and conditions of any potential tenancy prior to accepting any tenancy, so that you are fully aware of what you are agreeing to. For information about landlord and tenant responsibilities and obligations under the Act, you can visit the Ministry of Business, Innovation & Employment’s website (, or call 0800 TENANCY (0800 836 262).

Heartland Bank - Online 1.99
The Co-operative Bank - First Home Special 2.09
HSBC Special 2.25
ICBC 2.25
HSBC Premier 2.25
Kainga Ora - First Home Buyer Special 2.25
AIA 2.29
TSB Special 2.29
The Co-operative Bank - Owner Occ 2.29
SBS Bank Special 2.29
Westpac Special 2.29
Heartland Bank - Online 2.35
ICBC 2.35
HSBC Premier 2.35
TSB Special 2.49
SBS Bank Special 2.49
The Co-operative Bank - Owner Occ 2.59
BNZ - Classic 2.59
ASB Bank 2.59
AIA 2.59
China Construction Bank Special 2.65
Kiwibank Special 2.65
HSBC Premier 2.89
TSB Special 2.99
AIA 2.99
Westpac Special 2.99
ICBC 2.99
ASB Bank 2.99
China Construction Bank Special 2.99
BNZ - Classic 2.99
SBS Bank Special 3.19
Kiwibank Special 3.19
The Co-operative Bank - Owner Occ 3.19
Heartland Bank - Online 2.50
Resimac 3.39
Kiwibank - Offset 3.40
Kiwibank Special 3.40
Kiwibank 3.40
Bluestone 3.49
Select Home Loans 3.49
ICBC 3.69
The Co-operative Bank - Standard 4.40
The Co-operative Bank - Owner Occ 4.40
Kainga Ora 4.43