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Auckland · Q1 2026

Mount Wellington

Median weekly rent, six-year trend and rental yield for Mount Wellington — built from 330 tenancy bonds lodged with Tenancy Services, across the 7 statistical areas that make up the suburb.

$649
median weekly rent · Q1 2026
↓ -1.7% year on year

Source · MBIE Tenancy Services — Q1 2026 · 330 new bonds · Reviewed Aug 2026 · Method

Typical range
$582–$735
middle 50% of new tenancies
Year on year
-1.7%
vs Q1 2025
Annual rent
$33,748
at the median, 52 weeks
Sample size
330
new bonds this quarter

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

01

Where Mount Wellington sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Mount Wellington is the 89th most affordable of the 246 Auckland suburbs we track — cheaper than 64% of them.

Mount Wellington $649 $295 cheapest $993 dearest

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

The median weekly rent in Mount Wellington is $649, based on 330 new tenancy bonds lodged in Q1 2026. That is 4% above the Auckland-wide median of $622.

Over the past year the median has fallen 1.7%, and it is up 10% on Q1 2020, when the median was $531.

Most new tenancies fall between $582 and $735 a week — the middle half of the market.

Mount Wellington is the 89th most affordable of the 246 Auckland suburbs we track — cheaper than 64% of them.

02

How the Mount Wellington figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 7 statistical areas that make up Mount Wellington — 330 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 = $33,748

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.

$460$580$700 $649 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$531219
Q2 2020$550132
Q3 2020$517192
Q4 2020$572201
Q1 2021$588237
Q2 2021$561258
Q3 2021$572129
Q4 2021$577201
Q1 2022$606243
Q2 2022$582246
Q3 2022$548231
Q4 2022$563198
Q1 2023$609246
Q2 2023$635195
Q3 2023$630222
Q4 2023$644195
Q1 2024$659195
Q2 2024$581210
Q3 2024$617219
Q4 2024$652246
Q1 2025$660390
Q2 2025$656330
Q3 2025$631336
Q4 2025$631321
Q1 2026$649330

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 $641 144 bonds
2 bedrooms $640 87 bonds
3 bedrooms $709 45 bonds
4 bedrooms $809 27 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$67122568%
Apartment$6357523%
Room$35062%

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

06

Rental yield

Pre-filled with the Mount Wellington 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 Mount Wellington, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
Mount Wellington Ferndale$650+$11.1 km
Panmure$393-$2561.5 km
Stonefields$840+$1912.4 km
Tamaki$610-$392.5 km
Ellerslie$697+$482.9 km
Pakuranga$675+$263 km

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

08

What you could build in Mount Wellington

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

Mount Wellington zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Mount Wellington address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Mount Wellington median of $649 a week, a second dwelling would add roughly $33,748 a year in gross rent.

Check Mount Wellington zoning and development rules →

Schools in Mount Wellington

There are 4 schools in Mount Wellington. 4 of them operate an enrolment zone, so where you rent decides which ones you can enrol in. Our companion site NZ School Finder lists every one with its roll, year levels and zone status, straight from the Ministry of Education's directory — and publishes no rankings or ratings.

See the 4 schools in Mount Wellington →
09

Common questions

What is the average rent in Mount Wellington?
The median weekly rent for a new tenancy in Mount Wellington is $649 (Q1 2026), from 330 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 Mount Wellington going up or down?
Rents are easing — the median is down 1.7% on the same quarter last year. Over five years the median has moved +10.4%.
How much is a three-bedroom in Mount Wellington?
A one-bedroom is typically $641 a week, a two-bedroom $640, a three-bedroom $709, a four-bedroom $809.
Is Mount Wellington expensive compared with the rest of Auckland?
At $649 a week, Mount Wellington is above the Auckland median of $622. Mount Wellington is the 89th most affordable of the 246 Auckland suburbs we track — cheaper than 64% of them.
What rental yield does Mount Wellington produce?
Gross yield depends on the purchase price. At the Mount Wellington median rent of $649 a week, annual rent is about $33,748. Divide that by the property price for gross yield — $33,748 on a $850,000 property is roughly 4.0%.

Thinking of renting out or selling in Mount Wellington?

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

Request a free appraisal

Areas included in Mount Wellington: Mount Wellington North West · Mount Wellington North East · Mount Wellington East · Mount Wellington West · Mount Wellington Central · Mount Wellington South West · Mount Wellington South East. See how we combine them.