Median weekly rent, six-year trend and rental yield for Freemans Bay — built from 63 tenancy bonds lodged with Tenancy Services.
Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Freemans Bay is the 63rd most expensive of the 246 Auckland suburbs we track — pricier than 75% of them.
The median weekly rent in Freemans Bay is $750, based on 63 new tenancy bonds lodged in Q1 2026. That is 21% above the Auckland-wide median of $622.
Over the past year the median has fallen 5.1%, and it is up 7% on Q1 2020, when the median was $705.
Most new tenancies fall between $620 and $1,063 a week — the middle half of the market.
Freemans Bay is the 63rd most expensive of the 246 Auckland suburbs we track — pricier than 75% of them.
Median weekly rent on new tenancies, Q1 2020 to Q1 2026. Hover the chart to read any quarter.
| Quarter | Median weekly rent | New bonds |
|---|---|---|
| Q1 2020 | $705 | 81 |
| Q2 2020 | $700 | 81 |
| Q3 2020 | $808 | 93 |
| Q4 2020 | $750 | 84 |
| Q1 2021 | $700 | 69 |
| Q2 2021 | $850 | 93 |
| Q3 2021 | $693 | 60 |
| Q4 2021 | $700 | 69 |
| Q1 2022 | $733 | 102 |
| Q2 2022 | $745 | 84 |
| Q3 2022 | $750 | 78 |
| Q4 2022 | $750 | 72 |
| Q1 2023 | $765 | 72 |
| Q2 2023 | $775 | 78 |
| Q3 2023 | $850 | 57 |
| Q4 2023 | $745 | 48 |
| Q1 2024 | $780 | 75 |
| Q2 2024 | $850 | 78 |
| Q3 2024 | $785 | 66 |
| Q4 2024 | $785 | 57 |
| Q1 2025 | $790 | 66 |
| Q2 2025 | $750 | 75 |
| Q3 2025 | $795 | 87 |
| Q4 2025 | $873 | 45 |
| Q1 2026 | $750 | 63 |
Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.
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 type | Median weekly | Bonds | Share |
|---|---|---|---|
| House | $825 | 42 | 67% |
| Apartment | $675 | 18 | 29% |
Pre-filled with the Freemans Bay 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.
The closest suburbs to Freemans Bay, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Victoria Park | $515 | -$235 | 0.7 km |
| Hobson Ridge | $468 | -$282 | 0.9 km |
| Karangahape | $525 | -$225 | 0.9 km |
| Ponsonby | $892 | +$142 | 1.1 km |
| Queen Street | $464 | -$286 | 1.2 km |
| Saint Marys Bay | $720 | -$30 | 1.3 km |
Rent tells you what a Freemans Bay property earns today. Zoning tells you what it could become — a second dwelling on the same section changes the income on this page entirely.
Our companion tool PropertyScope reads Auckland Council's planning data for any Freemans Bay address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Freemans Bay median of $750 a week, a second dwelling would add roughly $39,000 a year in gross rent.
Check Freemans Bay zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Freemans Bay property would rent or sell for today — based on real local numbers, not a guess.
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