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Auckland · Q1 2026

Otara

Median weekly rent, six-year trend and rental yield for Otara — built from 45 tenancy bonds lodged with Tenancy Services, across the 4 statistical areas that make up the suburb.

$619
median weekly rent · Q1 2026
↓ -3.9% year on year

Source · MBIE Tenancy Services — Q1 2026 · 45 new bonds · Reviewed Aug 2026 · Method

Typical range
$543–$739
middle 50% of new tenancies
Year on year
-3.9%
vs Q1 2025
Annual rent
$32,188
at the median, 52 weeks
Sample size
45
new bonds this quarter

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

01

Where Otara sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Otara is the 50th most affordable of the 246 Auckland suburbs we track — cheaper than 80% of them.

Otara $619 $295 cheapest $993 dearest

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

The median weekly rent in Otara is $619, based on 45 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 up 4% on Q1 2020, when the median was $543.

Most new tenancies fall between $543 and $739 a week — the middle half of the market.

Otara is the 50th most affordable of the 246 Auckland suburbs we track — cheaper than 80% of them.

02

How the Otara figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 4 statistical areas that make up Otara — 45 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 = $32,188

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.

$80$440$800 $619 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$54333
Q2 2020$5089
Q3 2020$55027
Q4 2020$56815
Q1 2021$59318
Q2 2021$26854
Q3 2021$22836
Q4 2021$39427
Q1 2022$59639
Q2 2022$59439
Q3 2022$63339
Q4 2022$60124
Q1 2023$62818
Q2 2023$64633
Q3 2023$67730
Q4 2023$63827
Q1 2024$7009
Q2 2024$50636
Q3 2024$50057
Q4 2024$58436
Q1 2025$64457
Q2 2025$66354
Q3 2025$64254
Q4 2025$62469
Q1 2026$61945

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 $706 15 bonds
2 bedrooms $600 9 bonds
3 bedrooms $700 6 bonds

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

05

Rental yield

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

SuburbMedian weeklyDifferenceDistance
Ferguson$635+$161 km
Dingwall$655+$361.5 km
Grange$665+$462 km
Papatoetoe$608-$112.7 km
Chapel Downs$720+$1012.7 km
Clover Park$668+$493 km

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

07

What you could build in Otara

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

Otara zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Otara address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Otara median of $619 a week, a second dwelling would add roughly $32,188 a year in gross rent.

Check Otara zoning and development rules →

Schools in Otara

There are 14 schools in Otara. 7 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 14 schools in Otara →

Sports clubs and gyms in Otara

6 sports clubs, gyms and pools are mapped in Otara. Our companion directory Sideline lists every one in the country, compiled from OpenStreetMap — and nobody can buy a ranking in it.

See what's on in Otara →
08

Common questions

What is the average rent in Otara?
The median weekly rent for a new tenancy in Otara is $619 (Q1 2026), from 45 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 Otara going up or down?
Rents are easing — the median is down 3.9% on the same quarter last year. Over five years the median has moved +4.4%.
How much is a three-bedroom in Otara?
A one-bedroom is typically $706 a week, a two-bedroom $600, a three-bedroom $700.
Is Otara expensive compared with the rest of Auckland?
At $619 a week, Otara is below the Auckland median of $622. Otara is the 50th most affordable of the 246 Auckland suburbs we track — cheaper than 80% of them.
What rental yield does Otara produce?
Gross yield depends on the purchase price. At the Otara median rent of $619 a week, annual rent is about $32,188. Divide that by the property price for gross yield — $32,188 on a $800,000 property is roughly 4.0%.

Thinking of renting out or selling in Otara?

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

Request a free appraisal

Areas included in Otara: Otara West · Otara Central · Otara East · Otara South. See how we combine them.