Proudly presenting the latest Auckland residential rental market data supplied by the Real Estate Institute of New Zealand (REINZ), highlighting current median weekly rents across Central Auckland, South Auckland, East Auckland, West Auckland and the North Shore.
Please note: according to MBIE, the most recent month of rental bond data is excluded to provide a more complete and accurate picture of tenancy activity. As a result, this report is published two months in arrears.
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The August 2026 REINZ Rent Review shows Auckland’s rental market holding broadly steady. Across the suburbs below, median rents for two, three and four-bedroom homes are close to where they were a year earlier, and the real variation is between suburbs rather than across the market as a whole.
Two-bedroom medians are unchanged year-on-year at the midpoint, three-bedroom medians are up about 1.5%, and four-bedroom medians are up under 1%. That is a flat market, not a rising one, and it is the context for any rent review conversation this summer.
Individual suburbs moved in both directions. Three-bedroom medians rose in City Bays, to $1,150 from $885, and in Takapuna, to $895 from $750, while four-bedroom homes in Meadowbank reached $1,125 from $893. Against that, two-bedroom medians eased in Ponsonby to $675 from $780, in City Bays to $655 from $730, and in Pukekohe to $500 from $545.
The one-bedroom column needs reading with care. It shows large year-on-year rises in most suburbs — a median increase of roughly 27% — while every other bedroom count is flat. A genuine market shift does not lift one-bedroom rents by a quarter and leave everything else unchanged, so this is far more likely to reflect how the figures are compiled than what landlords and tenants are actually agreeing. REINZ excludes rooms rented within a shared dwelling from its one-bedroom figures, and one-bedroom sample sizes are small in many suburbs. Treat the one-bedroom medians as indicative only.
Two further caveats are worth knowing. The report runs two months in arrears by design, because MBIE withholds the most recent month until enough bonds have been lodged for the figures to settle — so August data is published at the end of October. And any category with fewer than five bonds lodged is excluded, which is why some cells below are blank.
Across Auckland, the data reinforces the importance of suburb-specific rental appraisals rather than relying on broad market averages. Rental prices vary significantly depending on property type, location, presentation, school zones, transport access and current tenant demand.
If you’re unsure what your Auckland rental property could achieve in today’s market, get in touch with the 360 Property Management team for a complimentary rental appraisal and tailored rental market advice.
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 are the most up-to-date data available as of August 2026.
Source: REINZ Rent Review, August 2026 (published 29 October 2026), compared with August 2025. Some suburbs use the matching REINZ grouped area where an individual suburb figure is not published. A dash means fewer than five bonds were lodged, so REINZ does not publish a figure.
August 2025: $448
August 2025: $560
August 2025: $540
August 2025: $445
REINZ area: City Centre (Parnell, Grafton, Newton)
August 2025: $560
August 2025: $780
August 2025: $895
REINZ area: Ponsonby (St Marys Bay, Herne Bay)
August 2025: $455
August 2025: $650
August 2025: $850
August 2025: $1,000
REINZ area: Mt Eden (Kingsland, Balmoral)
August 2025: $495
August 2025: $600
August 2025: $860
August 2025: $995
REINZ area: Epsom (Newmarket, Royal Oak North)
August 2025: $490
August 2025: $730
August 2025: $885
August 2025: $1,170
REINZ area: City Bays (Mission Bay to St Heliers)
August 2025: $450
August 2025: $575
August 2025: $730
August 2025: $850
REINZ area: Sandringham (Three Kings, Hillsborough)
August 2025: $545
August 2025: $585
August 2025: $710
August 2025: $850
REINZ area: Mt Roskill (Owairaka, Lynfield)
August 2025: $500
August 2025: $595
August 2025: $750
August 2025: $890
REINZ area: One Tree Hill / Ellerslie (Onehunga North)
August 2025: $550
August 2025: $740
August 2025: $920
August 2025: $260
REINZ area: Grey Lynn / Westmere
August 2025: $690
August 2025: $898
August 2025: $1,000
August 2025: $495
August 2025: $600
August 2025: $750
August 2025: $893
REINZ area: Meadowbank (Remuera South, Glendowie)
August 2025: $540
August 2025: $580
August 2025: $715
August 2025: $805
REINZ area: Glen Innes / Panmure / Mt Wellington
August 2025: $500
August 2025: $680
August 2025: $750
REINZ area: Takapuna / Milford
August 2025: $650
August 2025: $750
August 2025: $1,000
August 2025: $493
August 2025: $575
August 2025: $735
August 2025: $895
REINZ area: Browns Bay / Torbay / Albany
August 2025: $600
August 2025: $700
August 2025: $873
REINZ area: Glenfield (Sunnynook, Northcote, Birkdale)
August 2025: $500
August 2025: $593
August 2025: $750
August 2025: $895
REINZ area: Birkenhead (Northcote Point)
August 2025: $500
August 2025: $740
August 2025: $847
August 2025: $580
August 2025: $580
August 2025: $698
August 2025: $825
REINZ area: Waterview / Avondale / Titirangi
August 2025: $555
August 2025: $605
August 2025: $660
August 2025: $790
REINZ area: Te Atatu / Westgate / West Harbour
August 2025: $450
August 2025: $550
August 2025: $650
August 2025: $750
REINZ area: West Auckland (Glendene, Glen Eden, Massey)
August 2025: $495
August 2025: $560
August 2025: $690
August 2025: $750
REINZ area: Manukau / Manurewa
August 2025: $595
August 2025: $565
August 2025: $660
August 2025: $750
August 2025: $400
August 2025: $550
August 2025: $680
August 2025: $750
REINZ area: Mangere / Otara / Otahuhu
August 2025: $425
August 2025: $575
August 2025: $690
August 2025: $780
August 2025: $420
August 2025: $545
August 2025: $620
August 2025: $710
REINZ area: Pukekohe (Tuakau, Waiuku)
August 2025: $475
August 2025: $597
August 2025: $748
August 2025: $820
REINZ area: Howick (Bucklands Beach, Botany)
August 2025: $590
August 2025: $598
August 2025: $660
August 2025: $780
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?
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.
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.
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.
Notices and documents can be served electronically where agreed, streamlining compliance and record-keeping.
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
This is a market where being proactive – not reactive – protects returns and maintains occupancy.
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.
Contact UsWould 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.
Request an updated rental appraisal
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.
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 to see the latest real estate data.
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