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 May 2025, the average weekly rent for three-bedroom rental properties in Kingsland was $775. Compare this to $850 in May last year and you’ll see an 8.8% decrease in rent prices.
In Mangere, the median rent for a three-bedroom home was $710 per week, a 1.4% increase from $700 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.
Central Auckland:
City Centre
1 Bedroom: $450 p/week
2 Bedrooms: $580 p/week
3 Bedrooms: $800 p/week
4 Bedrooms: $900 p/week
Ponsonby
1 Bedroom: $530 p/week
2 Bedrooms: $738 p/week
3 Bedrooms: $910 p/week
4 Bedrooms: –
Mt Eden
1 Bedroom: $490 p/week
2 Bedrooms: $638 p/week
3 Bedrooms: $775 p/week
4 Bedrooms: $963 p/week
Epsom
1 Bedroom: $500 p/week
2 Bedrooms: $650 p/week
3 Bedrooms: $755 p/week
4 Bedrooms: $1,100 p/week
City Bays
1 Bedroom: –
2 Bedrooms: $645 p/week
3 Bedrooms: $900 p/week
4 Bedrooms: $1,250 p/week
Sandringham
1 Bedroom: $560 p/week
2 Bedrooms: $590 p/week
3 Bedrooms: $750 p/week
4 Bedrooms: $900 p/week
Mt Roskill
1 Bedroom: $560 p/week
2 Bedrooms: $578 p/week
3 Bedrooms: $675 p/week
4 Bedrooms: $850 p/week
Ellerslie
1 Bedroom: $500 p/week
2 Bedrooms: $600 p/week
3 Bedrooms: $775 p/week
4 Bedrooms: $863 p/week
Grey Lynn
1 Bedroom: $600 p/week
2 Bedrooms: $753 p/week
3 Bedrooms: $888 p/week
4 Bedrooms: $1,100 p/week
Remuera
1 Bedroom: –
2 Bedrooms: $730 p/week
3 Bedrooms: $820 p/week
4 Bedrooms: $1,100 p/week
Meadowbank
1 Bedroom: – p/week
2 Bedrooms: $618 p/week
3 Bedrooms: $845 p/week
4 Bedrooms: $1,200 p/week
Glen Innes
1 Bedroom: $550 p/week
2 Bedrooms: $620 p/week
3 Bedrooms: $720 p/week
4 Bedrooms: $910 p/week
North Shore (Auckland):
Takapuna
1 Bedroom: $570 p/week
2 Bedrooms: $670 p/week
3 Bedrooms: $850 p/week
4 Bedrooms: –
East Coast Bays
1 Bedroom: –
2 Bedrooms: $620 p/week
3 Bedrooms: $803 p/week
4 Bedrooms: $1,035 p/week
Browns Bay
1 Bedroom: $490 p/week
2 Bedrooms: $638 p/week
3 Bedrooms: $775 p/week
4 Bedrooms: $963 p/week
Glenfield
1 Bedroom: $500 p/week
2 Bedrooms: $650 p/week
3 Bedrooms: $755 p/week
4 Bedrooms: $1,100 p/week
Birkenhead
1 Bedroom: $450 p/week
2 Bedrooms: $580 p/week
3 Bedrooms: $800 p/week
4 Bedrooms: $900 p/week
Devonport
1 Bedroom: $530 p/week
2 Bedrooms: $738 p/week
3 Bedrooms: $910 p/week
4 Bedrooms: –
West Auckland:
Waterview
1 Bedroom: $455 p/week
2 Bedrooms: $600 p/week
3 Bedrooms: $690 p/week
4 Bedrooms: $830 p/week
Te Atatu
1 Bedroom: $570 p/week
2 Bedrooms: $593 p/week
3 Bedrooms: $705 p/week
4 Bedrooms: $820 p/week
Glendene
1 Bedroom: $420 p/week
2 Bedrooms: $560 p/week
3 Bedrooms: $650 p/week
4 Bedrooms: $770 p/week
South Auckland:
Mangere / Otara
1 Bedroom: $413 p/week
2 Bedrooms: $590 p/week
3 Bedrooms: $710 p/week
4 Bedrooms: $740 p/week
Manukau
1 Bedroom: $438 p/week
2 Bedrooms: $610 p/week
3 Bedrooms: $688 p/week
4 Bedrooms: $825 p/week
Manurewa
1 Bedroom: $438 p/week
2 Bedrooms: $610 p/week
3 Bedrooms: $688 p/week
4 Bedrooms: $825 p/week
Papatoetoe
1 Bedroom: –
2 Bedrooms: $580 p/week
3 Bedrooms: $695 p/week
4 Bedrooms: $850 p/week
Papakura
1 Bedroom: –
2 Bedrooms: $550 p/week
3 Bedrooms: $660 p/week
4 Bedrooms: $750 p/week
Pukekohe
1 Bedroom: –
2 Bedrooms: $520 p/week
3 Bedrooms: $630 p/week
4 Bedrooms: $710 p/week
Howick
1 Bedroom: $495 p/week
2 Bedrooms: $620 p/week
3 Bedrooms: $750 p/week
4 Bedrooms: $845 p/week
Pakuranga
1 Bedroom: –
2 Bedrooms: $590 p/week
3 Bedrooms: $690 p/week
4 Bedrooms: $820 p/week
A Note from us,
A Smarter Rental Market Needs Smarter Strategy
The rental market is evolving – and for savvy investors, that’s an opportunity.
Yes, we’re seeing changes: listings are up, operating costs have increased, and tenant expectations are higher than ever. But with change comes clarity – and a chance to refocus on long-term gains.
Recent surveys show more landlords are reassessing their portfolios. Some are exiting, but others are doubling down – upgrading, consolidating, or working with expert property managers to maximise returns in this new environment.
- Tenant demand remains strong in well-located, well-managed homes.
- Rents are holding steady in many areas, especially where quality is high.
- Experienced investors are planning ahead, locking in great tenants, and focusing on smart, sustainable returns
At 360 Property Management, we believe this market rewards professionalism over guesswork. The days of “set and forget” investing are behind us – but the fundamentals remain strong when you have the right team by your side.
Whether you’re reviewing your rent, considering your next move, or simply want expert eyes on your investment strategy, we’re here to help.
For more information, please get in touch with our property managers today. Let’s make the most of this market, together.
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?
Understanding the current value of your investment property is about more than just sales potential; it’s about making informed decisions.
Whether you’re planning to hold, renovate, refinance, or expand your portfolio, knowing where your property sits in today’s market is essential. Values shift with the market, and staying informed helps you maximise returns and minimise risk.
At 360 Property Management, we offer complimentary, no-obligation property appraisals to help you stay one step ahead.
Curious about what your property is really worth? Let’s find out.
