Median weekly rent, six-year trend and rental yield for Milford — built from 60 tenancy bonds lodged with Tenancy Services, across the 2 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. Milford is the 37th most expensive of the 246 Auckland suburbs we track — pricier than 85% of them.
The median weekly rent in Milford is $798, based on 60 new tenancy bonds lodged in Q1 2026. That is 28% above the Auckland-wide median of $622.
Over the past year the median has risen 9.5%, and it is up 25% on Q1 2020, when the median was $627.
Most new tenancies fall between $645 and $1,086 a week — the middle half of the market.
Milford is the 37th most expensive of the 246 Auckland suburbs we track — pricier than 85% 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 | $627 | 57 |
| Q2 2020 | $638 | 30 |
| Q3 2020 | $628 | 54 |
| Q4 2020 | $535 | 42 |
| Q1 2021 | $637 | 69 |
| Q2 2021 | $599 | 48 |
| Q3 2021 | $690 | 39 |
| Q4 2021 | $680 | 57 |
| Q1 2022 | $681 | 45 |
| Q2 2022 | $661 | 54 |
| Q3 2022 | $659 | 42 |
| Q4 2022 | $769 | 39 |
| Q1 2023 | $765 | 48 |
| Q2 2023 | $802 | 57 |
| Q3 2023 | $763 | 48 |
| Q4 2023 | $828 | 60 |
| Q1 2024 | $717 | 45 |
| Q2 2024 | $758 | 30 |
| Q3 2024 | $750 | 57 |
| Q4 2024 | $711 | 54 |
| Q1 2025 | $729 | 54 |
| Q2 2025 | $677 | 51 |
| Q3 2025 | $787 | 48 |
| Q4 2025 | $833 | 42 |
| Q1 2026 | $798 | 60 |
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 | $998 | 45 | 75% |
| Apartment | $720 | 6 | 10% |
Pre-filled with the Milford 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 Milford, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Westlake | $745 | -$53 | 1.1 km |
| Castor Bay | $920 | +$122 | 1.3 km |
| Forrest Hill | $754 | -$44 | 1.7 km |
| Takapuna | $715 | -$83 | 2 km |
| Campbells Bay | $955 | +$157 | 2.5 km |
| Sunnynook | $709 | -$89 | 3.1 km |
Rent tells you what a Milford 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 Milford address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Milford median of $798 a week, a second dwelling would add roughly $41,496 a year in gross rent.
Check Milford zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Milford property would rent or sell for today — based on real local numbers, not a guess.
Request a free appraisalAreas included in Milford: Milford West · Milford Central. See how we combine them.