Median weekly rent, six-year trend and rental yield for Newmarket — built from 75 tenancy bonds lodged with Tenancy Services.
Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Newmarket is the 53rd most affordable of the 246 Auckland suburbs we track — cheaper than 78% of them.
The median weekly rent in Newmarket is $620, based on 75 new tenancy bonds lodged in Q1 2026. That is almost exactly in line with the Auckland-wide median of $622.
Over the past year the median has fallen 3.9%, and it is down 2% on Q1 2020, when the median was $600.
Most new tenancies fall between $550 and $758 a week — the middle half of the market.
Newmarket is the 53rd most affordable of the 246 Auckland suburbs we track — cheaper than 78% 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 | $600 | 111 |
| Q2 2020 | $555 | 63 |
| Q3 2020 | $540 | 87 |
| Q4 2020 | $550 | 84 |
| Q1 2021 | $635 | 120 |
| Q2 2021 | $550 | 72 |
| Q3 2021 | $550 | 60 |
| Q4 2021 | $590 | 90 |
| Q1 2022 | $625 | 111 |
| Q2 2022 | $595 | 87 |
| Q3 2022 | $580 | 87 |
| Q4 2022 | $588 | 87 |
| Q1 2023 | $695 | 108 |
| Q2 2023 | $600 | 63 |
| Q3 2023 | $720 | 63 |
| Q4 2023 | $700 | 66 |
| Q1 2024 | $668 | 84 |
| Q2 2024 | $750 | 51 |
| Q3 2024 | $690 | 66 |
| Q4 2024 | $650 | 75 |
| Q1 2025 | $645 | 93 |
| Q2 2025 | $630 | 81 |
| Q3 2025 | $635 | 81 |
| Q4 2025 | $600 | 69 |
| Q1 2026 | $620 | 75 |
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 | $600 | 39 | 52% |
| Apartment | $645 | 36 | 48% |
Pre-filled with the Newmarket 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 Newmarket, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Grafton | $295 | -$325 | 1.2 km |
| Parnell | $749 | +$129 | 1.4 km |
| Eden Terrace | $590 | -$30 | 1.6 km |
| Remuera Waitaramoa | $993 | +$373 | 1.6 km |
| Mount St John | $580 | -$40 | 1.6 km |
| Symonds Street | $463 | -$157 | 1.8 km |
Rent tells you what a Newmarket 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 Newmarket address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Newmarket median of $620 a week, a second dwelling would add roughly $32,240 a year in gross rent.
Check Newmarket zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Newmarket property would rent or sell for today — based on real local numbers, not a guess.
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