Median weekly rent, six-year trend and rental yield for Grafton — built from 111 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. Grafton is the 1st most affordable of the 246 Auckland suburbs we track — cheaper than 100% of them.
The median weekly rent in Grafton is $295, based on 111 new tenancy bonds lodged in Q1 2026. That is 53% below the Auckland-wide median of $622.
Over the past year the median has fallen 6.3%, and it is down 42% on Q1 2020, when the median was $450.
Most new tenancies fall between $295 and $325 a week — the middle half of the market.
Grafton is the 1st most affordable of the 246 Auckland suburbs we track — cheaper than 100% 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 | $450 | 54 |
| Q2 2020 | $400 | 21 |
| Q3 2020 | $410 | 30 |
| Q4 2020 | $510 | 33 |
| Q1 2021 | $510 | 48 |
| Q2 2021 | $498 | 33 |
| Q3 2021 | $450 | 18 |
| Q4 2021 | $500 | 33 |
| Q1 2022 | $550 | 48 |
| Q2 2022 | $520 | 33 |
| Q3 2022 | $458 | 30 |
| Q4 2022 | $280 | 78 |
| Q1 2023 | $280 | 285 |
| Q2 2023 | $308 | 135 |
| Q3 2023 | $295 | 150 |
| Q4 2023 | $300 | 90 |
| Q1 2024 | $300 | 180 |
| Q2 2024 | $300 | 126 |
| Q3 2024 | $300 | 108 |
| Q4 2024 | $300 | 93 |
| Q1 2025 | $315 | 138 |
| Q2 2025 | $300 | 63 |
| Q3 2025 | $295 | 102 |
| Q4 2025 | $295 | 54 |
| Q1 2026 | $295 | 111 |
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 | $295 | 96 | 86% |
| Apartment | $600 | 12 | 11% |
Most tenancies here are recorded as houses, yet the median sits well below the Auckland average — usually a sign of smaller dwellings or many one-bedroom tenancies. Check the bedroom breakdown before drawing conclusions.
Pre-filled with the Grafton 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 Grafton, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Symonds Street | $463 | +$168 | 0.6 km |
| Eden Terrace | $590 | +$295 | 0.9 km |
| Auckland-University | $466 | +$171 | 1 km |
| Queen Street | $464 | +$169 | 1.1 km |
| Karangahape | $525 | +$230 | 1.1 km |
| Newmarket | $620 | +$325 | 1.2 km |
Rent tells you what a Grafton 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 Grafton address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Grafton median of $295 a week, a second dwelling would add roughly $15,340 a year in gross rent.
Check Grafton zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Grafton property would rent or sell for today — based on real local numbers, not a guess.
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