Feature article
The 20 most affordable suburbs of 2026
New Zealand’s cheapest postcodes.
AI summary
For Kiwis seeking affordable property, there are many options well below the national average. Taumarunui is New Zealand's most affordable suburb, with an average house price of just $349,950.
The Manawatū/Whanganui region features prominently, with eight suburbs in the top 20. A total of 15 suburbs have average prices under $500,000, including surprising entries like Auckland City Centre. This highlights that affordable housing options are still available for buyers flexible on location.
| Suburb | Property Price Index | ||
|---|---|---|---|
| 1. Taumarunui, Ruapehu | 1. Taumarunui, Ruapehu | $349,950 | $349,950 |
| 2. Westport, Buller | 2. Westport, Buller | $399,450 | $399,450 |
| 3. Castlecliff, Whanganui | 3. Castlecliff, Whanganui | $411,900 | $411,900 |
| 4. Te Kūiti, Waitomo | 4. Te Kūiti, Waitomo | $413,900 | $413,900 |
| 5. Strathern, Invercargill | 5. Strathern, Invercargill | $429,250 | $429,250 |
| 6. City Centre, Auckland City | 6. City Centre, Auckland City | $433,250 | $433,250 |
| 7. Dannevirke, Tararua | 7. Dannevirke, Tararua | $446,300 | $446,300 |
| 8. Pahiatua, Tararua | 8. Pahiatua, Tararua | $446,35 | $446,35 |
| 9. Tokoroa, South Waikato | 9. Tokoroa, South Waikato | $452,150 | $452,150 |
| 10. Kawerau, Kawerau | 10. Kawerau, Kawerau | $452,650 | $452,650 |
| 11. Flaxmere, Hastings | 11. Flaxmere, Hastings | $458,950 | $458,950 |
| 12. Marton, Rangitikei | 12. Marton, Rangitikei | $472,200 | $472,200 |
| 13. Balclutha, Clutha | 13. Balclutha, Clutha | $475,150 | $475,150 |
| 14. Whanganui East, Whanganui | 14. Whanganui East, Whanganui | $485,600 | $485,600 |
| 15. Tūrangi, Taupō | 15. Tūrangi, Taupō | $497,050 | $497,050 |
| 16. Waimate, Waimate | 16. Waimate, Waimate | $500,650 | $500,650 |
| 17. Roslyn, Palmerston North | 17. Roslyn, Palmerston North | $507,400 | $507,400 |
| 18. Gonville, Whanganui | 18. Gonville, Whanganui | $509,500 | $509,500 |
| 19. Linwood, Christchurch City | 19. Linwood, Christchurch City | $512,550 | $512,550 |
| 20. Saint Kilda, Dunedin | 20. Saint Kilda, Dunedin | $512,600 | $512,600 |
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