Stay up to date with Auckland’s rental market.
Proudly presenting the latest residential rental data as supplied by the Real Estate Institute of New Zealand (REINZ).
Please note: According to MBIE, by removing the most recent month of data, this provides a more complete and accurate picture of all bonds lodged by tenancy start date. Therefore, this report is two months in arrears as per the data provided by MBIE.
In some Auckland areas, we’re seeing the median weekly rent return to the levels we experienced at the same time last year. Or, in some cases, even noting Auckland rents decreasing.
In October 2025, the average weekly rent for three-bedroom rental properties in Remuera was $868. Compare this to $893 in October last year, and you’ll see an 2.88% increase in rent prices.
In Mangere, the median rent for a three-bedroom home was $655 per week, a 4.4% decrease from $685 the year previous.
If you’re unsure about what rent you should be charging, please get in touch with our team today for a complimentary rental appraisal.
Auckland Median Rent
Please note: According to MBIE, by removing the most recent month of data, this provides a more complete and accurate picture of all bonds lodged by tenancy start date. Therefore, this report is two months in arrears as per the data provided by MBIE. The median rent figures below is the most up-to-date data available as of January 2026.
Central Auckland:
City Centre
1 Bedroom: $440 p/week
2 Bedrooms: $550 p/week
3 Bedrooms: $630 p/week
4 Bedrooms: –
Ponsonby
1 Bedroom: $580 p/week
2 Bedrooms: $730 p/week
3 Bedrooms: $1,300 p/week
4 Bedrooms: –
Mt Eden
1 Bedroom: $445 p/week
2 Bedrooms: $595 p/week
3 Bedrooms: $770 p/week
4 Bedrooms: $1,000 p/week
Epsom
1 Bedroom: $463 p/week
2 Bedrooms: $600 p/week
3 Bedrooms: $850 p/week
4 Bedrooms: $1,050 p/week
City Bays
1 Bedroom: – $458 p/week
2 Bedrooms: $650 p/week
3 Bedrooms: $890 p/week
4 Bedrooms: $1,250 p/week
Sandringham
1 Bedroom: $465 p/week
2 Bedrooms: $575 p/week
3 Bedrooms: $730 p/week
4 Bedrooms: $840 p/week
Mt Roskill
1 Bedroom: $510 p/week
2 Bedrooms: $590 p/week
3 Bedrooms: $700 p/week
4 Bedrooms: $850 p/week
Ellerslie
1 Bedroom: $490 p/week
2 Bedrooms: $588 p/week
3 Bedrooms: $720 p/week
4 Bedrooms: $745 p/week
Grey Lynn
1 Bedroom: $553 p/week
2 Bedrooms: $750 p/week
3 Bedrooms: $850 p/week
4 Bedrooms: $1,745 p/week
Remuera
1 Bedroom: –
2 Bedrooms: $705 p/week
3 Bedrooms: $893 p/week
4 Bedrooms: $1,000 p/week
Meadowbank
1 Bedroom: – $450 p/week
2 Bedrooms: $550 p/week
3 Bedrooms: $810 p/week
4 Bedrooms: $1,015 p/week
Glen Innes
1 Bedroom: $440 p/week
2 Bedrooms: $580 p/week
3 Bedrooms: $655 p/week
4 Bedrooms: $840 p/week
North Shore (Auckland):
Takapuna
1 Bedroom: $515 p/week
2 Bedrooms: $650 p/week
3 Bedrooms: $800 p/week
4 Bedrooms: –
East Coast Bays
1 Bedroom: $450 p/week
2 Bedrooms: $665 p/week
3 Bedrooms: $875 p/week
4 Bedrooms: $915 p/week
Browns Bay
1 Bedroom: $443 p/week
2 Bedrooms: $630 p/week
3 Bedrooms: $730 p/week
4 Bedrooms: $850 p/week
Glenfield
1 Bedroom: $470 p/week
2 Bedrooms: $583 p/week
3 Bedrooms: $723 p/week
4 Bedrooms: $830 p/week
Birkenhead
1 Bedroom: – p/week
2 Bedrooms: $650 p/week
3 Bedrooms: $723 p/week
4 Bedrooms: $925 p/week
Devonport
1 Bedroom: –
2 Bedrooms: $695 p/week
3 Bedrooms: –
4 Bedrooms: –
West Auckland:
Waterview
1 Bedroom: $443 p/week
2 Bedrooms: $575 p/week
3 Bedrooms: $670 p/week
4 Bedrooms: $848 p/week
Te Atatu
1 Bedroom: $550 p/week
2 Bedrooms: $575 p/week
3 Bedrooms: $670 p/week
4 Bedrooms: $780 p/week
Glendene
1 Bedroom: $460 p/week
2 Bedrooms: $550 p/week
3 Bedrooms: $650 p/week
4 Bedrooms: $730 p/week
South Auckland:
Mangere / Otara
1 Bedroom: $390 p/week
2 Bedrooms: $550 p/week
3 Bedrooms: $655 p/week
4 Bedrooms: $700 p/week
Manukau
1 Bedroom: $468 p/week
2 Bedrooms: $570 p/week
3 Bedrooms: $650 p/week
4 Bedrooms: $755 p/week
Manurewa
1 Bedroom: $468 p/week
2 Bedrooms: $570 p/week
3 Bedrooms: $650 p/week
4 Bedrooms: $755 p/week
Papatoetoe
1 Bedroom: – $400 p/week
2 Bedrooms: $570 p/week
3 Bedrooms: $690 p/week
4 Bedrooms: $800 p/week
Papakura
1 Bedroom: $400 p/week
2 Bedrooms: $560 p/week
3 Bedrooms: $650 p/week
4 Bedrooms: $770 p/week
Pukekohe
1 Bedroom: $395 p/week
2 Bedrooms: $500 p/week
3 Bedrooms: $630 p/week
4 Bedrooms: $780 p/week
Howick
1 Bedroom: $490 p/week
2 Bedrooms: $600 p/week
3 Bedrooms: $750 p/week
4 Bedrooms: $820 p/week
Pakuranga
1 Bedroom: –
2 Bedrooms: $568 p/week
3 Bedrooms: $660 p/week
4 Bedrooms: $838 p/week
A Note from us,
The rental market in New Zealand is adjusting again – and 2026 is shaping up as a year of real change.
Rising costs across insurance, rates, debt and maintenance have put pressure on rents, and many landlords have responded accordingly. But alongside these economic forces, recent legislative updates are reshaping how property owners and tenants interact – shifting the landscape in ways every investor should understand.
What’s new under NZ tenancy law?
Notice and termination rules have changed.
Landlords can now issue a 90-day no-cause termination for periodic tenancies, giving greater flexibility in managing tenancies when needed. Specific reasons – such as selling with vacant possession or needing the property for family – can be served with shorter notice (42 days) under certain conditions.
Fixed-term tenancy rules are updated.
If neither party gives notice in the specified window before expiry, fixed-terms now convert automatically to periodic agreements – meaning careful planning is more important than ever.
Pet provisions have evolved.
From late 2025, tenants can request to keep pets under clearer, regulated conditions, and landlords have structured tools (including pet bonds and damage liability rules) to manage this fairly.
Digital communication is fully embraced.
Notices and documents can be served electronically where agreed, streamlining compliance and record-keeping.
Tenants now have more flexibility, too.
Those on periodic tenancies can end their agreement with just 21 days’ notice.
Taken together, these changes aim to balance flexibility with compliance – but they also mean landlords need to be more strategic than ever about how they manage tenancies.
What this means for landlords right now
• With rental listings elevated and tenant demand softening, securing and retaining quality tenants has never mattered more.
• Keeping existing, low-risk tenants often outweighs the short-term gain of pushing rents aggressively – especially when the law gives tenants more levers to move quickly.
• Understanding and applying the new notice and tenancy conversion rules correctly can reduce vacancy periods and avoid disputes.
This is a market where being proactive – not reactive – protects returns and maintains occupancy.
We’re here to guide you through it!
Whether you’re reviewing rent levels, updating tenancy agreements for compliance, or strengthening tenant relationships, our property management team can help you make sense of the changes and plan for long-term success.
Get in touch with our team today for tailored advice.
Request an updated rental appraisal
Would you like to know how much rent to charge or what rental income your rental property could generate? Please contact our property management team for a complimentary rental appraisal.
We analyse current rental figures in your area and provide an estimate of the current market value for your property.
Why work with 360 Property Management?
Our expert team draw on extensive market knowledge and statistics to set the correct rent rate from the outset, which we revise with annual rent reviews. Our property managers can also provide advice on how to maximise rent.
We have a dedicated leasing agent who works evenings and weekends, meaning your property will be in front of the right prospective tenants. We use professional photos, presenting your property in the best possible light.
Do you know the value of your investment property?
Please Note: These market rent statistics have been provided by the Real Estate Institute of New Zealand. The data has been derived from information gathered from bonds lodged at the Ministry of Business Innovation and Employment (MBIE) – Tenancy Bond Services.
However, these results may not be a true representation of the entire housing market. They are only a reflection of rental properties where bonds have been lodged at the MBIE – Tenancy Bond Services.
This report is two months in arrears as per the data provided by MBIE. Removing the most recent month of data provides a more complete and accurate picture of all bonds lodged. This is because the most recent month’s data is incomplete. This is due to the time taken between a bond being lodged (23 working days) and the database being updated. Visit the real estate institute of New Zealand website here to see the latest real estate data.
Recommended blog posts,
Checklist for Overseas Landlords: What You Must Have in Place Before Renting Out Your NZ Property
Auckland Property Management for Overseas Landlords: How We Run Your Rental While You’re Offshore
Selling or Holding From Overseas? How Property Management Protects Your Options
Please Note: These market rent statistics have been provided by the Real Estate Institute of New Zealand. The data has been derived from information gathered from bonds lodged at the Ministry of Business Innovation and Employment (MBIE) – Tenancy Bond Services.
However, these results may not be a true representation of the entire housing market. They are only a reflection of rental properties where bonds have been lodged at the MBIE – Tenancy Bond Services.
This report is two months in arrears as per the data provided by MBIE. Removing the most recent month of data provides a more complete and accurate picture of all bonds lodged. This is because the most recent month’s data is incomplete. This is due to the time taken between a bond being lodged (23 working days) and the database being updated. Visit the real estate institute of New Zealand website here to see the latest real estate data.
