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Houses for rent in Auckland seem to increase every year, but it was actually reported that the rate of increase is among the lowest in a decade, at least in December 2020 up to today. This is according to Barfoot & Thompson’s latest quarterly report.
Bruce Pyott, a distinguished real estate agent, expressed his dismay at the constant government changes to the rules and regulations in rental and tenancy in NZ: “It is a disaster for tenants because private landlords provide 80% of rentals, and who else is going to do it if they get out? The Government spending billions and can barely house 20%.”
This is particularly true in the neighbourhoods of Auckland, where housing and rental prices go up month after month. Last year, the city's median rent remained at $600 per week, while prices were up by 7% yearly in the central city.
Is there any way around this? Can you still get "affordable" rent in Auckland and cover your other living expenses?
The average weekly rent in Auckland Central is $557.50 for an apartment, $407.50 for a flat, $541.67 for a house, and $240 for a room. Check out the average rent in some of the region's cities and towns below.
There's been much debate about the definition of Flats vs Apartments, but for this list, an apartment is a more upscale version of a flat, and is usually a multi-storey building.
Cities and Towns | Average price |
Auckland Central | $557.50 |
Orewa | $550 |
Papakura | $498 |
Pukekohe | $390 |
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A flat, by definition, is one of the many units for rent, usually located all on one floor.
Cities and Towns | Average price |
Auckland Central | $407.50 |
Orewa | $515 |
Papakura | $410 |
Pukekohe | $381.50 |
Red Beach | $485 |
Takanini | $495 |
Cities and Towns | Average price |
Auckland Central | $541.67 |
Clarks Beach | $650 |
Drury | $595 |
Helensville | $530 |
Kumeu | $676.67 |
Orewa | $726.25 |
Papakura | $588 |
Parakai | $540 |
Pukekohe | $566.67 |
Red Beach | $670 |
Riverhead | $676.67 |
Silverdale | $755 |
Snells Beach | $570.33 |
Takanini | $677.50 |
Waimauku | $656.67 |
Waiuku | $530 |
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Cities and Towns | Median price |
Auckland Central | $240 |
Papakura | $283 |
Takanini | $380 |
Source: Tenancy NZ
There’s no exact amount for the average rent deposit in Auckland. It will depend on the agreement between you and your tenant. They can ask for one to two weeks’ rent in advance, if you agreed to pay weekly or fortnightly. If the landlord is also your employer, he can take the rent out of your pay or what they call “service tenancy.”
Also, take note of the market rent to get a glimpse of how much you will be spending each week. The amount will be based on the property size and location, so expect that rent will be much more expensive in Auckland Central among others. You can also check Trade Me for updates on rent and property price increases, as well as local property listings.
You will not believe how much you can save by comparing prices online. Never settle for the first thing you see.
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