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Auckland · Q1 2026

Albany

Median weekly rent, six-year trend and rental yield for Albany — built from 102 tenancy bonds lodged with Tenancy Services, across the 3 statistical areas that make up the suburb.

$715
median weekly rent · Q1 2026
↑ +1.6% year on year

Source · MBIE Tenancy Services — Q1 2026 · 102 new bonds · Reviewed Aug 2026 · Method

Typical range
$623–$804
middle 50% of new tenancies
Year on year
+1.6%
vs Q1 2025
Annual rent
$37,180
at the median, 52 weeks
Sample size
102
new bonds this quarter

Source · MBIE Tenancy Services — Q1 2026 · Q1 2026 bond lodgements · Reviewed Aug 2026 · Method

01

Where Albany sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Albany is the 87th most expensive of the 246 Auckland suburbs we track — pricier than 65% of them.

Albany $715 $295 cheapest $993 dearest

Source · MBIE Tenancy Services — Q1 2026 · 246 Auckland suburbs · Reviewed Aug 2026 · Method

The median weekly rent in Albany is $715, based on 102 new tenancy bonds lodged in Q1 2026. That is 15% above the Auckland-wide median of $622.

Over the past year the median has risen 1.6%, and it is up 22% on Q1 2020, when the median was $490.

Most new tenancies fall between $623 and $804 a week — the middle half of the market.

Albany is the 87th most expensive of the 246 Auckland suburbs we track — pricier than 65% of them.

02

How the Albany figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 3 statistical areas that make up Albany — 102 of them.
  2. Discard any cell built on fewer than five bonds. MBIE withholds those to protect individual tenants, which is why some bedroom sizes below show a dash.
  3. Combine the area medians with a bond-count-weighted geometric mean, so a small area with three tenancies cannot swing the suburb figure.
  4. Report the median rather than the average: a handful of very expensive tenancies cannot drag it.
    weekly median = geomean(area medians, weight = bond count) annual gross rent = weekly median × 52 = $37,180

Source · MBIE Tenancy Services — Q1 2026 · Weighted geometric mean · Reviewed Aug 2026 · Method

03

Six years of rent

Median weekly rent on new tenancies, Q1 2020 to Q1 2026. Hover the chart to read any quarter.

$340$580$800 $715 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$490126
Q2 2020$44699
Q3 2020$563141
Q4 2020$566150
Q1 2021$585159
Q2 2021$558105
Q3 2021$58884
Q4 2021$638102
Q1 2022$581129
Q2 2022$581123
Q3 2022$611120
Q4 2022$641153
Q1 2023$645114
Q2 2023$64190
Q3 2023$611111
Q4 2023$632117
Q1 2024$65499
Q2 2024$74072
Q3 2024$72893
Q4 2024$72493
Q1 2025$704117
Q2 2025$700105
Q3 2025$69984
Q4 2025$73381
Q1 2026$715102

Source · MBIE Tenancy Services — Q1 2026 · Q1 2020 – Q1 2026 · Reviewed Aug 2026 · Method

04

Rent by size

Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.

1 bedroom $695 57 bonds
2 bedrooms $740 12 bonds
3 bedrooms $843 6 bonds
4 bedrooms $931 12 bonds

Source · MBIE Tenancy Services — Q1 2026 · Withheld below 5 bonds · Reviewed Aug 2026 · Method

05

Rent by property typeQ1 2026

The headline median covers every property type together, so the mix matters — a suburb with many rooms or studios shows a lower overall median than its houses alone.

Property typeMedian weeklyBondsShare
House$7467271%
Apartment$6502726%

Source · MBIE Tenancy Services — Q1 2026 · Property-type split · Reviewed Aug 2026 · Method

06

Rental yield

Pre-filled with the Albany median rent. Enter a purchase price to see the gross yield.

Gross yield ignores rates, insurance, maintenance, management and vacancy. Net yield is typically 1–2 percentage points lower — the full calculator works both out.

Gross rental yield

Source · MBIE Tenancy Services — Q1 2026 · Rent pre-filled, price is yours · Reviewed Aug 2026 · Method

07

Nearby suburbsQ1 2026

The closest suburbs to Albany, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
Albany Heights$650-$652.1 km
Pinehill$890+$1752.3 km
Schnapper Rock$680-$352.5 km
Oteha$722+$72.6 km
Unsworth Heights$539-$1762.8 km
Fairview Heights$873+$1583.3 km

Source · MBIE Tenancy Services — Q1 2026 · Straight-line distance, area centres · Reviewed Aug 2026 · Method

08

What you could build in Albany

Rent tells you what a Albany property earns today. Zoning tells you what it could become — a second dwelling on the same section changes the income on this page entirely.

Albany zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Albany address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Albany median of $715 a week, a second dwelling would add roughly $37,180 a year in gross rent.

Check Albany zoning and development rules →

Schools in Albany

There are 6 schools in Albany. 4 of them operate an enrolment zone, so where you rent decides which ones you can enrol in. Our companion site NZ School Finder lists every one with its roll, year levels and zone status, straight from the Ministry of Education's directory — and publishes no rankings or ratings.

See the 6 schools in Albany →

Sports clubs and gyms in Albany

14 sports clubs, gyms and pools are mapped in Albany. Our companion directory Sideline lists every one in the country, compiled from OpenStreetMap — and nobody can buy a ranking in it.

See what's on in Albany →
09

Common questions

What is the average rent in Albany?
The median weekly rent for a new tenancy in Albany is $715 (Q1 2026), from 102 bonds lodged with Tenancy Services. We use the median rather than a simple average because it is not distorted by a handful of very high or very low rents.
Are rents in Albany going up or down?
Rents are rising — the median is up 1.6% on the same quarter last year. Over five years the median has moved +22.2%.
How much is a three-bedroom in Albany?
A one-bedroom is typically $695 a week, a two-bedroom $740, a three-bedroom $843, a four-bedroom $931.
Is Albany expensive compared with the rest of Auckland?
At $715 a week, Albany is above the Auckland median of $622. Albany is the 87th most expensive of the 246 Auckland suburbs we track — pricier than 65% of them.
What rental yield does Albany produce?
Gross yield depends on the purchase price. At the Albany median rent of $715 a week, annual rent is about $37,180. Divide that by the property price for gross yield — $37,180 on a $950,000 property is roughly 4.0%.

Thinking of renting out or selling in Albany?

Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Albany property would rent or sell for today — based on real local numbers, not a guess.

Request a free appraisal

Areas included in Albany: Albany Central · Albany West · Albany South. See how we combine them.