Nelson Weekly Rental Rates – Jan 2010 Update

With such a shortage on rental accommodation locally I thought this information may be informative for any new renters considering a property in Nelson.

Although most of the local weekly rates correlate quite closely to the national average/median, for some strange reason our larger 5 bedroom homes seem to be a bargain when compared to figures achieved in other parts of the country. Should mention though that only had 5 such homes have bonds lodged (compared to 1709 for the national figures) so perhaps that low number had something to do with it.

The figures used are those of Stoke – pretty much middle of the road for rentals in Nelson, but you can check them all out here.

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