The Dunedin rental market is continuing to show rents remaining steady year-on-year, while the supply of available properties continues to reduce. Median rent remained unchanged year-on-year at $500 per week in March 2026. The lower-quartile rent increased by 8% year-on-year, highlighting continued affordability challenges at the lower end of the market, while the upper-quartile rent increased slightly to $600 per week. 

Market activity remained steady, with 264 bonds lodged for the month, representing a 7% year-on-year increase. Closed bonds increased by 34% to 474, showing continued movement within the market. At the same time, the average number of available listings on TradeMe reduced by 17% year-on-year to 282 properties, continuing the trend of declining supply across the Dunedin rental market.