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Auckland · Q1 2026

Hobson Ridge

Median weekly rent, six-year trend and rental yield for Hobson Ridge — built from 549 tenancy bonds lodged with Tenancy Services, across the 3 statistical areas that make up the suburb.

$468
median weekly rent · Q1 2026
↓ -2.1% year on year

Source · MBIE Tenancy Services — Q1 2026 · 549 new bonds · Reviewed Aug 2026 · Method

Typical range
$403–$573
middle 50% of new tenancies
Year on year
-2.1%
vs Q1 2025
Annual rent
$24,336
at the median, 52 weeks
Sample size
549
new bonds this quarter

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

01

Where Hobson Ridge sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Hobson Ridge is the 9th most affordable of the 246 Auckland suburbs we track — cheaper than 96% of them.

Hobson Ridge $468 $295 cheapest $993 dearest

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

The median weekly rent in Hobson Ridge is $468, based on 549 new tenancy bonds lodged in Q1 2026. That is 25% below the Auckland-wide median of $622.

Over the past year the median has fallen 2.1%, and it is up 11% on Q1 2020, when the median was $468.

Most new tenancies fall between $403 and $573 a week — the middle half of the market.

Hobson Ridge is the 9th most affordable of the 246 Auckland suburbs we track — cheaper than 96% of them.

02

How the Hobson Ridge figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 3 statistical areas that make up Hobson Ridge — 549 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 = $24,336

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.

$340$440$520 $468 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$468570
Q2 2020$456360
Q3 2020$419510
Q4 2020$405453
Q1 2021$422537
Q2 2021$401462
Q3 2021$409327
Q4 2021$399327
Q1 2022$415435
Q2 2022$388378
Q3 2022$403474
Q4 2022$400411
Q1 2023$453456
Q2 2023$462324
Q3 2023$477318
Q4 2023$464318
Q1 2024$498534
Q2 2024$486303
Q3 2024$451372
Q4 2024$456333
Q1 2025$478591
Q2 2025$460351
Q3 2025$464414
Q4 2025$449348
Q1 2026$468549

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 $447 351 bonds
2 bedrooms $548 153 bonds
3 bedrooms $531 33 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$48023142%
Apartment$49027350%
Room$296428%

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

06

Rental yield

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

SuburbMedian weeklyDifferenceDistance
Queen Street$464-$40.3 km
Victoria Park$515+$470.4 km
Symonds Street$463-$50.7 km
Shortland Street$470+$20.8 km
Auckland-University$466-$20.8 km
Freemans Bay$750+$2820.9 km

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

08

What you could build in Hobson Ridge

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

Hobson Ridge zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Hobson Ridge address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Hobson Ridge median of $468 a week, a second dwelling would add roughly $24,336 a year in gross rent.

Check Hobson Ridge zoning and development rules →
09

Common questions

What is the average rent in Hobson Ridge?
The median weekly rent for a new tenancy in Hobson Ridge is $468 (Q1 2026), from 549 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 Hobson Ridge going up or down?
Rents are easing — the median is down 2.1% on the same quarter last year. Over five years the median has moved +10.9%.
How much is a three-bedroom in Hobson Ridge?
A one-bedroom is typically $447 a week, a two-bedroom $548, a three-bedroom $531.
Is Hobson Ridge expensive compared with the rest of Auckland?
At $468 a week, Hobson Ridge is below the Auckland median of $622. Hobson Ridge is the 9th most affordable of the 246 Auckland suburbs we track — cheaper than 96% of them.
What rental yield does Hobson Ridge produce?
Gross yield depends on the purchase price. At the Hobson Ridge median rent of $468 a week, annual rent is about $24,336. Divide that by the property price for gross yield — $24,336 on a $600,000 property is roughly 4.0%.

Thinking of renting out or selling in Hobson Ridge?

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

Request a free appraisal

Areas included in Hobson Ridge: Hobson Ridge North · Hobson Ridge Central · Hobson Ridge South. See how we combine them.