City Apartment Rents

Wellington City apartment Median Rent is about 30% of the average Wellington (total Wellington) household income. Inner city tenants are more likely to be sharing an apartment and on high incomes, making 30% look higher than the average for Wellington.

However the chart shows the trend changed between 2010-2014 as demand became constrained and the Median Rent stuck very close to 30% of average Wellington HH income (excluding Self Employed income).

Jonette 2011