Waterside Apartments, Auckland
Auckland Central Weekly Rent For 2 Bedroom Flats – Unfurnished
| Location | One quarter of 2 bedroom flats rent for less than: | Average (median) rent for a 2 bedroom flat: | One quarter of 2 bedroom flats rent for more than: |
|---|---|---|---|
| Avondale | $290 | $310 | $320 |
| Blockhouse Bay / New Windsor | $323 | $350 | $380 |
| Epsom | $373 | $420 | $465 |
| Grafton / Newton | $430 | $467 | $500 |
| Great Barrier / Waiheke Islands | $337 | $385 | $430 |
| Grey Lynn / Arch Hill | $435 | $455 | $572 |
| Meadowbank | $342 | $380 | $390 |
| Mt Albert / Owairaka | $330 | $365 | $395 |
| Mt Eden | $338 | $385 | $421 |
| One Tree Hill / Royal Oak | $362 | $395 | $437 |
| Onehunga / Oranga / Te Papapa | $350 | $360 | $390 |
| Orakei / Mission Bay | $383 | $420 | $460 |
| Otahuhu | $270 | $290 | $295 |
| Parnell | $430 | $480 | $550 |
| Point Chevalier | $350 | $375 | $390 |
| Ponsonby / Freemans Bay | $397 | $450 | $500 |
| Remuera | $350 | $400 | $430 |
| St Helliers / Glendowie | $350 | $400 | $430 |
| Three Kings | $361 | $395 | $437 |
| Wesley / Mt Roskill | $310 | $350 | $373 |
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Auckland Weekly Rent For 3 Bedroom Flats – Unfurnished
| Location | One quarter of 3 bedroom flats rent for less than: | Average (median) rent for a 3 bedroom flat: | One quarter of 3 bedroom flats rent for more than: |
|---|---|---|---|
| Avondale | $320 | $350 | $440 |
| Blockhouse Bay / New Windsor | $350 | $362 | $390 |
| Epsom | $460 | $480 | $496 |
| Grafton / Newton | n/a | n/a | n/a |
| Great Barrier / Waiheke Islands | n/a | n/a | n/a |
| Grey Lynn / Arch Hill | $500 | $605 | $626 |
| Meadowbank | $381 | $480 | $490 |
| Mt Albert / Owairaka | $432 | $450 | $517 |
| Mt Eden | $400 | $452 | $580 |
| One Tree Hill / Royal Oak | $460 | $522 | $565 |
| Onehunga / Oranga / Te Papapa | $350 | $410 | $460 |
| Orakei / Mission Bay | $450 | $495 | $525 |
| Otahuhu | $240 | $272 | $305 |
| Parnell | $427 | $557 | $650 |
| Point Chevalier | $378 | $420 | $485 |
| Ponsonby / Freemans Bay | $455 | $535 | $667 |
| Remuera | $460 | $540 | $650 |
| St Helliers / Glendowie | $271 | $580 | $671 |
| Three Kings | n/a | n/a | n/a |
| Wesley / Mt Roskill | n/a | n/a | n/a |
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Data provided by the Tenancy Services Division of the New Zealand Government’s Ministry of Housing.
Market rent is described in the Residential Tenancies Act as the amount of money a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas.
Rental prices from the Tenancy Services Division include rentals for social housing so market rents in the lower quarter of prices are unlikely to be found in the private sector in some suburbs.
Rental properties in New Zealand are typically let from around the beginning of the calendar year for 12 months. Because of this there is generally an increase in rents at the beginning of the year.
According to Crockers Property in December 2012, Aucklanders are paying around $155 per week more to live in a three bedroomed rental property compared to the rest of New Zealand and $90 per week more to live in a two bedroomed rental property.
The Tenancy Services Division figures show that in Auckland City the most expensive average rent for a two bedroomed flat is in Parnell at $485 per week. The cheapest is in Otahuhu at $290 per week.
For a three bedroomed flat in Auckland City the most expensive average rent is in Grey Lynn / Arch Hill at $605 per week and the cheapest is in Otahuhu at $272 per week.