Auckland Rent Update for Q3 2026: July Snapshot and Annual Trend
The latest monthly bond data for Auckland shows a median weekly rent of $650 in August 2026. The rolling-year figures below cover an earlier period. Auckland's all-dwelling median was $650 in the year to 31 August 2026, unchanged year on year, with 61,902 bonds lodged compared with 63,513.
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Updated 9 October 2026: an incomplete import had left April 2026 as the last complete period. This annual series now uses MBIE's latest complete rolling 12-month release, ending 31 August 2026. The July monthly median is a separate measure; the table below compares annual lodged rents with the year ending 31 August 2025.
The complete annual picture
The all-dwelling median was $650, compared with $650 a year earlier. Bond counts are new tenancies lodged over each rolling-year period.
| Bedroom and type | Year to August 2026 | Year to August 2025 | Bonds lodged |
|---|---|---|---|
| Auckland | $650 | $650 | 61,902 vs 63,513 |
| Bedroom and type | Year to August 2026 | Year to August 2025 | Bonds lodged |
|---|---|---|---|
| 1-bed Apartment | $470 | $465 | 4,569 |
| 2-bed House | $595 | $600 | 5,484 |
| 3-bed House | $700 | $700 | 10,875 |
| 4-bed House | $840 | $845 | 5,451 |
What tenants pay and landlords ask
The official medians describe rents agreed when bonds were lodged. Asking rents are a separate sample of priced listings. The gap is the bond median minus the listing median; four-bedroom asking prices are excluded because negotiation-only ads skew that sample.
| Bedroom | MBIE bond median | Asking median | Gap | Priced listings |
|---|---|---|---|---|
| 1-bed Apartment | $470 | $450 | +$20 | 3,792 |
| 2-bed House | $595 | $585 | +$10 | 6,874 |
| 3-bed House | $700 | $680 | +$20 | 8,545 |
Across these three bedrooms, the numbers are close in some segments and farther apart in others. This is a comparison between an annual bond series and a listing snapshot, not a claim that each asking price becomes the agreed rent.
Highest and most affordable three-bedroom house groupings
Three-bedroom house values from MBIE suburb groupings, with at least 25 bonds in each group.
| Area grouping | Median per week | Bonds |
|---|---|---|
| Highest: Okura / Ponsonby / Stonefields / Westmere grouping | $945 | 96 |
| Highest: Herne Bay / Murrays Bay / Shamrock Park / St Heliers grouping | $890 | 117 |
| Highest: Freemans Bay / Glendowie / Hauraki / Stanley Point grouping | $883 | 93 |
| More affordable: Laingholm / Manukau / Paerata / Point Wells / Waiuku grouping | $600 | 117 |
| More affordable: Parakai / Wellsford / Wiri grouping | $620 | 42 |
| More affordable: Glen Eden / New Lynn / Pukekohe / Snells Beach grouping | $650 | 720 |
These MBIE group labels cover several neighbourhoods and are not single-suburb estimates. Each group shown had at least 25 lodged bonds.
Main centres and the highest-rent territorial authorities
| Territorial authority | Median per week |
|---|---|
| Queenstown-Lakes | $780 |
| Tauranga | $700 |
| Auckland | $650 |
| Wellington City | $595 |
| Lower Hutt City | $590 |
| Christchurch City | $550 |
What changed, and whose market is it?
Auckland's all-dwelling median held at $650. Lodged bonds fell from 63,513 to 61,902, down 2.5%, indicating slightly less tenancy turnover. The one-bedroom apartment median rose $5, the two-bedroom house median eased $5, and three-bedroom houses were unchanged. Four-bedroom houses eased from $845 to $840.
Verdict: This is a balanced market. The citywide median is flat, bond turnover is a little lower, and one to three-bedroom lodged medians sit close to asking medians. Tenants and landlords should compare like-for-like homes rather than assume broad pricing power.
Two ways RentManager helps
Landlords: Benchmark a proposed rent against homes with the same location and bedroom count. If the numbers leave little room to increase, keeping a good tenant can avoid vacancy and reletting costs. RentManager helps you manage Healthy Homes records, notices and tax information yourself, then prepare a listing if the home becomes vacant. Start free or see the live demo.
Tenants: Compare the home with similar listings and the MBIE bond figures before you decide. Prepare your application once with a free rental profile at apply.rentmanager.nz.
About this data
MBIE medians cover the rolling years ending 31 August 2026 and 31 August 2025. The separate monthly snapshot is for July 2026. One-bedroom rents use apartments only because the MBIE one-bedroom house category has a known classification artefact. TradeMe asking medians use priced rentals observed from 6 June 2025 through the latest available observation, 6 June 2026; they are not a current September sample. Asking sample counts are shown in the table. Suburb labels combine multiple neighbourhoods. Tenancy Services / MBIE rental bond data.
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Written from my own experience running rentals in New Zealand. It is general information to help you understand your options, not legal, tax, or financial advice, and RentManager is not your lawyer or accountant. Rules change and every tenancy is different - check your own situation with Tenancy Services, the IRD, or a professional before you act on it.