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Auckland · Q1 2026

Murrays Bay

Median weekly rent, six-year trend and rental yield for Murrays Bay — built from 33 tenancy bonds lodged with Tenancy Services, across the 2 statistical areas that make up the suburb.

$859
median weekly rent · Q1 2026
↓ -4.0% year on year

Source · MBIE Tenancy Services — Q1 2026 · 33 new bonds · Reviewed Aug 2026 · Method

Typical range
$653–$1,103
middle 50% of new tenancies
Year on year
-4.0%
vs Q1 2025
Annual rent
$44,668
at the median, 52 weeks
Sample size
33
new bonds this quarter

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

01

Where Murrays Bay sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Murrays Bay is the 16th most expensive of the 246 Auckland suburbs we track — pricier than 94% of them.

Murrays Bay $859 $295 cheapest $993 dearest

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

The median weekly rent in Murrays Bay is $859, based on 33 new tenancy bonds lodged in Q1 2026. That is 38% above the Auckland-wide median of $622.

Over the past year the median has fallen 4.0%, and it is up 20% on Q1 2020, when the median was $675.

Most new tenancies fall between $653 and $1,103 a week — the middle half of the market.

Murrays Bay is the 16th most expensive of the 246 Auckland suburbs we track — pricier than 94% of them.

02

How the Murrays Bay figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 2 statistical areas that make up Murrays Bay — 33 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 = $44,668

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.

$580$760$940 $859 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$67536
Q2 2020$66324
Q3 2020$67836
Q4 2020$67230
Q1 2021$71636
Q2 2021$72530
Q3 2021$75639
Q4 2021$69636
Q1 2022$73936
Q2 2022$73830
Q3 2022$73833
Q4 2022$72039
Q1 2023$71530
Q2 2023$83233
Q3 2023$82333
Q4 2023$75633
Q1 2024$76830
Q2 2024$77433
Q3 2024$76636
Q4 2024$72630
Q1 2025$89536
Q2 2025$86342
Q3 2025$75027
Q4 2025$87727
Q1 2026$85933

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 $832 12 bonds

Source · MBIE Tenancy Services — Q1 2026 · Withheld below 5 bonds · Reviewed Aug 2026 · Method

05

Rental yield

Pre-filled with the Murrays Bay 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

06

Nearby suburbsQ1 2026

The closest suburbs to Murrays Bay, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
Rothesay Bay$795-$640.9 km
Mairangi Bay$797-$621.1 km
Windsor Park$800-$591.4 km
Browns Bay$753-$1061.5 km
Pinehill$890+$312.1 km
Campbells Bay$955+$962.2 km

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

07

What you could build in Murrays Bay

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

Murrays Bay zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Murrays Bay address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Murrays Bay median of $859 a week, a second dwelling would add roughly $44,668 a year in gross rent.

Check Murrays Bay zoning and development rules →

Schools in Murrays Bay

There are 2 schools in Murrays Bay. 2 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 2 schools in Murrays Bay →
08

Common questions

What is the average rent in Murrays Bay?
The median weekly rent for a new tenancy in Murrays Bay is $859 (Q1 2026), from 33 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 Murrays Bay going up or down?
Rents are easing — the median is down 4.0% on the same quarter last year. Over five years the median has moved +20.0%.
Is Murrays Bay expensive compared with the rest of Auckland?
At $859 a week, Murrays Bay is above the Auckland median of $622. Murrays Bay is the 16th most expensive of the 246 Auckland suburbs we track — pricier than 94% of them.
What rental yield does Murrays Bay produce?
Gross yield depends on the purchase price. At the Murrays Bay median rent of $859 a week, annual rent is about $44,668. Divide that by the property price for gross yield — $44,668 on a $1,100,000 property is roughly 4.0%.

Thinking of renting out or selling in Murrays Bay?

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

Request a free appraisal

Areas included in Murrays Bay: Murrays Bay West · Murrays Bay East. See how we combine them.