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.
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.
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.
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 | $468 | 570 |
| Q2 2020 | $456 | 360 |
| Q3 2020 | $419 | 510 |
| Q4 2020 | $405 | 453 |
| Q1 2021 | $422 | 537 |
| Q2 2021 | $401 | 462 |
| Q3 2021 | $409 | 327 |
| Q4 2021 | $399 | 327 |
| Q1 2022 | $415 | 435 |
| Q2 2022 | $388 | 378 |
| Q3 2022 | $403 | 474 |
| Q4 2022 | $400 | 411 |
| Q1 2023 | $453 | 456 |
| Q2 2023 | $462 | 324 |
| Q3 2023 | $477 | 318 |
| Q4 2023 | $464 | 318 |
| Q1 2024 | $498 | 534 |
| Q2 2024 | $486 | 303 |
| Q3 2024 | $451 | 372 |
| Q4 2024 | $456 | 333 |
| Q1 2025 | $478 | 591 |
| Q2 2025 | $460 | 351 |
| Q3 2025 | $464 | 414 |
| Q4 2025 | $449 | 348 |
| Q1 2026 | $468 | 549 |
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 | $480 | 231 | 42% |
| Apartment | $490 | 273 | 50% |
| Room | $296 | 42 | 8% |
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.
The closest suburbs to Hobson Ridge, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Queen Street | $464 | -$4 | 0.3 km |
| Victoria Park | $515 | +$47 | 0.4 km |
| Symonds Street | $463 | -$5 | 0.7 km |
| Shortland Street | $470 | +$2 | 0.8 km |
| Auckland-University | $466 | -$2 | 0.8 km |
| Freemans Bay | $750 | +$282 | 0.9 km |
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.
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 →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 appraisalAreas included in Hobson Ridge: Hobson Ridge North · Hobson Ridge Central · Hobson Ridge South. See how we combine them.