Rental prices are varying across the country

Trade Me says median weekly rent's stayed flat at 650 dollars from April to May.

Auckland's again the most expensive region - rising 1.5 percent to 690 dollars a week - pushing the Bay of Plenty to second place.

But rents are down month-on-month in Taranaki, Wellington and Otago.

Property Sales Director, Gavin Lloyd, says the recent trend is likely to continue.

He says there's been a big change in demand - taking some of the heat out of increases we saw at the start of this year.