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Auckland · Q1 2026

Belmont

Median weekly rent, six-year trend and rental yield for Belmont — built from 24 tenancy bonds lodged with Tenancy Services.

$830
median weekly rent · Q1 2026
↓ -5.7% year on year

Source · MBIE Tenancy Services — Q1 2026 · 24 new bonds · Reviewed Aug 2026 · Method

Typical range
$580–$950
middle 50% of new tenancies
Year on year
-5.7%
vs Q1 2025
Annual rent
$43,160
at the median, 52 weeks
Sample size
24
new bonds this quarter

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

01

Where Belmont sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Belmont is the 25th most expensive of the 246 Auckland suburbs we track — pricier than 90% of them.

Belmont $830 $295 cheapest $993 dearest

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

The median weekly rent in Belmont is $830, based on 24 new tenancy bonds lodged in Q1 2026. That is 33% above the Auckland-wide median of $622.

Over the past year the median has fallen 5.7%, and it is up 34% on Q1 2020, when the median was $690.

Most new tenancies fall between $580 and $950 a week — the middle half of the market.

Belmont is the 25th most expensive of the 246 Auckland suburbs we track — pricier than 90% of them.

02

How the Belmont figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the statistical area that is Belmont — 24 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. Publish the released median unchanged — Belmont is a single statistical area, so no combining step is needed.
  4. Report the median rather than the average: a handful of very expensive tenancies cannot drag it.
    weekly median = published area median annual gross rent = weekly median × 52 = $43,160

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.

$480$720$940 $830 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$69021
Q2 2020$67521
Q3 2020$65027
Q4 2020$62018
Q1 2021$62021
Q2 2021$58521
Q3 2021$69015
Q4 2021$66818
Q1 2022$66521
Q2 2022$64024
Q3 2022$71015
Q4 2022$62539
Q1 2023$76030
Q2 2023$63021
Q3 2023$78018
Q4 2023$72024
Q1 2024$80515
Q2 2024$74024
Q3 2024$79021
Q4 2024$73021
Q1 2025$88024
Q2 2025$73321
Q3 2025$75518
Q4 2025$80024
Q1 2026$83024

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 $760 12 bonds
4 bedrooms $950 6 bonds

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

05

Rental yield

Pre-filled with the Belmont 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

06

Nearby suburbsQ1 2026

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

SuburbMedian weeklyDifferenceDistance
Hauraki$750-$801.1 km
Narrow Neck$800-$301.4 km
Takapuna$715-$1152.4 km
Devonport$695-$1352.6 km
Northcote Tuff Crater$625-$2053.3 km
Northcote Point$780-$504.1 km

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

07

What you could build in Belmont

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

Belmont zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Belmont address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Belmont median of $830 a week, a second dwelling would add roughly $43,160 a year in gross rent.

Check Belmont zoning and development rules →

Schools in Belmont

There are 3 schools in Belmont. 3 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 3 schools in Belmont →
08

Common questions

What is the average rent in Belmont?
The median weekly rent for a new tenancy in Belmont is $830 (Q1 2026), from 24 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 Belmont going up or down?
Rents are easing — the median is down 5.7% on the same quarter last year. Over five years the median has moved +33.9%.
Is Belmont expensive compared with the rest of Auckland?
At $830 a week, Belmont is above the Auckland median of $622. Belmont is the 25th most expensive of the 246 Auckland suburbs we track — pricier than 90% of them.
What rental yield does Belmont produce?
Gross yield depends on the purchase price. At the Belmont median rent of $830 a week, annual rent is about $43,160. Divide that by the property price for gross yield — $43,160 on a $1,100,000 property is roughly 4.0%.

Thinking of renting out or selling in Belmont?

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

Request a free appraisal