{"id":339526,"date":"2026-03-20T18:04:15","date_gmt":"2026-03-20T18:04:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/339526\/"},"modified":"2026-03-20T18:04:15","modified_gmt":"2026-03-20T18:04:15","slug":"trade-me-property-says-rents-have-declined-and-more-landlords-are-ok-with-pets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/339526\/","title":{"rendered":"Trade Me Property says rents have declined and more landlords are OK with pets"},"content":{"rendered":"

\nMedian rents on Trade Me Property down 3.1% year-on-year, renting getting easier for tenants with pets\n<\/p>\n

Advertised rents were 3.1% lower overall in February this year compared to February last year, according to Trade Me Property.<\/p>\n

The national median asking rent for rental properties advertised on the website in February this year was $620 a week. That’s unchanged from January, but down 3.1% compared to February last year.<\/p>\n

The only region where the median advertised rent in February was not lower than a year ago was Northland, where it was up 1.7%.<\/p>\n

Across the rest of the country, the biggest decline was in Marlborough, down 5.8%, followed by Gisborne, down 4.4%, and Otago, down 3.3%. See the chart below for the full regional figures.<\/p>\n

The most expensive median advertised rent was in Bay of Plenty at $660 a week, while the cheapest was in Southland at $480.<\/p>\n

A notable change in the properties being advertised for rent on the website was the huge increase in the number that allow pets, following a change in the law setting out new rules for allowing pets in rental properties which came into effect at the end of last year.<\/p>\n

“In February, a record breaking 39% of new rental listings that specified a pet policy were listed as “pets negotiable,”\u00a0a massive jump from just 13% in November before the law change,” Trade Me Property spokesperson Casey Wylde said.”<\/p>\n

“This is the highest proportion we have ever seen and will be a huge relief for tenants who have struggled to find a home that accepts their furry family member,” Wylde said.<\/p>\n

<\/p>\n

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