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Auckland · Q1 2026

Favona

Median weekly rent, six-year trend and rental yield for Favona — built from 51 tenancy bonds lodged with Tenancy Services, across the 3 statistical areas that make up the suburb.

$621
median weekly rent · Q1 2026
↓ -8.4% year on year

Source · MBIE Tenancy Services — Q1 2026 · 51 new bonds · Reviewed Aug 2026 · Method

Typical range
$584–$707
middle 50% of new tenancies
Year on year
-8.4%
vs Q1 2025
Annual rent
$32,292
at the median, 52 weeks
Sample size
51
new bonds this quarter

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

01

Where Favona sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Favona is the 56th most affordable of the 246 Auckland suburbs we track — cheaper than 77% of them.

Favona $621 $295 cheapest $993 dearest

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

The median weekly rent in Favona is $621, based on 51 new tenancy bonds lodged in Q1 2026. That is almost exactly in line with the Auckland-wide median of $622.

Over the past year the median has fallen 8.4%, and it is up 9% on Q1 2020, when the median was $459.

Most new tenancies fall between $584 and $707 a week — the middle half of the market.

Favona is the 56th most affordable of the 246 Auckland suburbs we track — cheaper than 77% of them.

02

How the Favona figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 3 statistical areas that make up Favona — 51 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 = $32,292

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.

$380$580$760 $621 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$45915
Q2 2020$61318
Q3 2020$59121
Q4 2020$60821
Q1 2021$57218
Q2 2021$59321
Q3 2021$60333
Q4 2021$59339
Q1 2022$63027
Q2 2022$55518
Q3 2022$58621
Q4 2022$62645
Q1 2023$61930
Q2 2023$68730
Q3 2023$67636
Q4 2023$62121
Q1 2024$70533
Q2 2024$66524
Q3 2024$66533
Q4 2024$67524
Q1 2025$67836
Q2 2025$67657
Q3 2025$66542
Q4 2025$62736
Q1 2026$62151

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 $575 15 bonds
3 bedrooms $595 6 bonds

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

05

Rental yield

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

SuburbMedian weeklyDifferenceDistance
Harania$633+$121.3 km
Sutton Park$595-$261.5 km
Mangere Mountain View$650+$291.9 km
Mangere Bridge$695+$742 km
Mangere$662+$412 km
Mangere Mascot$580-$412.2 km

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

07

What you could build in Favona

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

Favona zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Favona address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Favona median of $621 a week, a second dwelling would add roughly $32,292 a year in gross rent.

Check Favona zoning and development rules →

Schools in Favona

There are 4 schools in Favona. 2 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 4 schools in Favona →
08

Common questions

What is the average rent in Favona?
The median weekly rent for a new tenancy in Favona is $621 (Q1 2026), from 51 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 Favona going up or down?
Rents are easing — the median is down 8.4% on the same quarter last year. Over five years the median has moved +8.6%.
How much is a three-bedroom in Favona?
A one-bedroom is typically $575 a week, a three-bedroom $595.
Is Favona expensive compared with the rest of Auckland?
At $621 a week, Favona is below the Auckland median of $622. Favona is the 56th most affordable of the 246 Auckland suburbs we track — cheaper than 77% of them.
What rental yield does Favona produce?
Gross yield depends on the purchase price. At the Favona median rent of $621 a week, annual rent is about $32,292. Divide that by the property price for gross yield — $32,292 on a $800,000 property is roughly 4.0%.

Thinking of renting out or selling in Favona?

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

Request a free appraisal

Areas included in Favona: Favona North · Favona West · Favona East. See how we combine them.