Rachel Hunter (born September 9, 1969) is a New Zealand model, actress and reality TV show host.

Born in Glenfield, Auckland, New Zealand, Hunter began modelling by age 17 and rose to prominence after posing as a Sports Illustrated model in 1989. She appeared on magazine covers, including Cosmopolitan and on the 1994 "Dream Team" cover of Sports Illustrated's annual swimsuit issue.

She was paid a reported $1.8 million to pose nude for Playboy magazine in 2004. She also replaced Penny Lancaster, the wife of Hunters's ex-husband Rod Stewart, as the face and body of Ultimo, a Scottish lingerie house. In 2006, Hunter was replaced by Helena Christensen.