Median weekly rent, six-year trend and rental yield for Grey Lynn — built from 174 tenancy bonds lodged with Tenancy Services, across the 4 statistical areas that make up the suburb.
Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Grey Lynn is the 76th most expensive of the 246 Auckland suburbs we track — pricier than 70% of them.
The median weekly rent in Grey Lynn is $726, based on 174 new tenancy bonds lodged in Q1 2026. That is 17% above the Auckland-wide median of $622.
Over the past year the median has fallen 1.4%, and it is up 10% on Q1 2020, when the median was $563.
Most new tenancies fall between $589 and $921 a week — the middle half of the market.
Grey Lynn is the 76th most expensive of the 246 Auckland suburbs we track — pricier than 70% 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 | $563 | 234 |
| Q2 2020 | $589 | 171 |
| Q3 2020 | $596 | 177 |
| Q4 2020 | $577 | 234 |
| Q1 2021 | $658 | 210 |
| Q2 2021 | $581 | 186 |
| Q3 2021 | $688 | 135 |
| Q4 2021 | $620 | 171 |
| Q1 2022 | $681 | 222 |
| Q2 2022 | $643 | 153 |
| Q3 2022 | $602 | 234 |
| Q4 2022 | $605 | 192 |
| Q1 2023 | $687 | 216 |
| Q2 2023 | $660 | 201 |
| Q3 2023 | $579 | 213 |
| Q4 2023 | $712 | 204 |
| Q1 2024 | $698 | 252 |
| Q2 2024 | $727 | 186 |
| Q3 2024 | $646 | 210 |
| Q4 2024 | $662 | 198 |
| Q1 2025 | $736 | 246 |
| Q2 2025 | $681 | 210 |
| Q3 2025 | $703 | 219 |
| Q4 2025 | $705 | 159 |
| Q1 2026 | $726 | 174 |
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 | $788 | 132 | 76% |
| Apartment | $703 | 30 | 17% |
| Flat | $500 | 6 | 3% |
Pre-filled with the Grey Lynn 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 Grey Lynn, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Kingsland | $665 | -$61 | 1 km |
| Ponsonby | $892 | +$166 | 1.2 km |
| Freemans Bay | $750 | +$24 | 1.4 km |
| Morningside | $600 | -$126 | 1.5 km |
| Karangahape | $525 | -$201 | 1.5 km |
| Eden Park | $730 | +$4 | 1.5 km |
Rent tells you what a Grey Lynn 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 Grey Lynn address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Grey Lynn median of $726 a week, a second dwelling would add roughly $37,752 a year in gross rent.
Check Grey Lynn zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Grey Lynn property would rent or sell for today — based on real local numbers, not a guess.
Request a free appraisalAreas included in Grey Lynn: Grey Lynn North · Grey Lynn West · Grey Lynn Central · Grey Lynn East. See how we combine them.