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Auckland · Q1 2026

Ellerslie

Median weekly rent, six-year trend and rental yield for Ellerslie — built from 165 tenancy bonds lodged with Tenancy Services, across the 4 statistical areas that make up the suburb.

$697
median weekly rent · Q1 2026
↑ +4.3% year on year

Source · MBIE Tenancy Services — Q1 2026 · 165 new bonds · Reviewed Aug 2026 · Method

Typical range
$581–$827
middle 50% of new tenancies
Year on year
+4.3%
vs Q1 2025
Annual rent
$36,244
at the median, 52 weeks
Sample size
165
new bonds this quarter

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

01

Where Ellerslie sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Ellerslie is the 99th most expensive of the 246 Auckland suburbs we track — pricier than 60% of them.

Ellerslie $697 $295 cheapest $993 dearest

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

The median weekly rent in Ellerslie is $697, based on 165 new tenancy bonds lodged in Q1 2026. That is 12% above the Auckland-wide median of $622.

Over the past year the median has risen 4.3%, and it is up 8% on Q1 2020, when the median was $635.

Most new tenancies fall between $581 and $827 a week — the middle half of the market.

Ellerslie is the 99th most expensive of the 246 Auckland suburbs we track — pricier than 60% of them.

02

How the Ellerslie figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 4 statistical areas that make up Ellerslie — 165 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 = $36,244

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.

$520$640$760 $697 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$635117
Q2 2020$58475
Q3 2020$61299
Q4 2020$61093
Q1 2021$646129
Q2 2021$64096
Q3 2021$58166
Q4 2021$61596
Q1 2022$630111
Q2 2022$635111
Q3 2022$616108
Q4 2022$60484
Q1 2023$619123
Q2 2023$72787
Q3 2023$63887
Q4 2023$627165
Q1 2024$646135
Q2 2024$675108
Q3 2024$68390
Q4 2024$660117
Q1 2025$668168
Q2 2025$684135
Q3 2025$621138
Q4 2025$640117
Q1 2026$697165

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 $643 81 bonds
2 bedrooms $665 27 bonds
3 bedrooms $798 33 bonds
4 bedrooms $890 6 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$72014185%
Apartment$560159%

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

06

Rental yield

Pre-filled with the Ellerslie 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 Ellerslie, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
Remuera Abbotts Park$853+$1561.2 km
Greenlane$772+$751.5 km
Mount Wellington Ferndale$650-$471.8 km
Remuera Waiatarua$850+$1532 km
Oranga$670-$272.1 km
Remuera Waiata$825+$1282.2 km

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

08

What you could build in Ellerslie

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

Ellerslie zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Ellerslie address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Ellerslie median of $697 a week, a second dwelling would add roughly $36,244 a year in gross rent.

Check Ellerslie zoning and development rules →

Schools in Ellerslie

There are 3 schools in Ellerslie. 1 of them operates 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 Ellerslie →

Sports clubs and gyms in Ellerslie

9 sports clubs, gyms and pools are mapped in Ellerslie. 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 Ellerslie →
09

Common questions

What is the average rent in Ellerslie?
The median weekly rent for a new tenancy in Ellerslie is $697 (Q1 2026), from 165 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 Ellerslie going up or down?
Rents are rising — the median is up 4.3% on the same quarter last year. Over five years the median has moved +7.9%.
How much is a three-bedroom in Ellerslie?
A one-bedroom is typically $643 a week, a two-bedroom $665, a three-bedroom $798, a four-bedroom $890.
Is Ellerslie expensive compared with the rest of Auckland?
At $697 a week, Ellerslie is above the Auckland median of $622. Ellerslie is the 99th most expensive of the 246 Auckland suburbs we track — pricier than 60% of them.
What rental yield does Ellerslie produce?
Gross yield depends on the purchase price. At the Ellerslie median rent of $697 a week, annual rent is about $36,244. Divide that by the property price for gross yield — $36,244 on a $900,000 property is roughly 4.0%.

Thinking of renting out or selling in Ellerslie?

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

Request a free appraisal

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