Median weekly rent, six-year trend and rental yield for Queen Street — built from 270 tenancy bonds lodged with Tenancy Services, across the 2 statistical areas that make up the suburb.
Source · MBIE Tenancy Services — Q1 2026 · 270 new bonds · Reviewed Aug 2026 · Method
Source · MBIE Tenancy Services — Q1 2026 · Q1 2026 bond lodgements · Reviewed Aug 2026 · Method
Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Queen Street is the 6th most affordable of the 246 Auckland suburbs we track — cheaper than 98% of them.
Source · MBIE Tenancy Services — Q1 2026 · 246 Auckland suburbs · Reviewed Aug 2026 · Method
The median weekly rent in Queen Street is $464, based on 270 new tenancy bonds lodged in Q1 2026. That is 25% below the Auckland-wide median of $622.
Over the past year the median has fallen 1.7%, and it is up 12% on Q1 2020, when the median was $516.
Most new tenancies fall between $389 and $585 a week — the middle half of the market.
Queen Street is the 6th most affordable of the 246 Auckland suburbs we track — cheaper than 98% of them.
Source · MBIE Tenancy Services — Q1 2026 · Weighted geometric mean · Reviewed Aug 2026 · Method
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 | $516 | 240 |
| Q2 2020 | $458 | 138 |
| Q3 2020 | $417 | 324 |
| Q4 2020 | $418 | 222 |
| Q1 2021 | $415 | 279 |
| Q2 2021 | $421 | 237 |
| Q3 2021 | $424 | 153 |
| Q4 2021 | $405 | 225 |
| Q1 2022 | $428 | 255 |
| Q2 2022 | $400 | 207 |
| Q3 2022 | $400 | 261 |
| Q4 2022 | $422 | 264 |
| Q1 2023 | $466 | 285 |
| Q2 2023 | $451 | 174 |
| Q3 2023 | $481 | 213 |
| Q4 2023 | $484 | 174 |
| Q1 2024 | $473 | 249 |
| Q2 2024 | $470 | 192 |
| Q3 2024 | $450 | 201 |
| Q4 2024 | $445 | 207 |
| Q1 2025 | $472 | 312 |
| Q2 2025 | $490 | 234 |
| Q3 2025 | $456 | 258 |
| Q4 2025 | $450 | 192 |
| Q1 2026 | $464 | 270 |
Source · MBIE Tenancy Services — Q1 2026 · Q1 2020 – Q1 2026 · Reviewed Aug 2026 · Method
Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.
Source · MBIE Tenancy Services — Q1 2026 · Withheld below 5 bonds · Reviewed Aug 2026 · Method
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 | $483 | 126 | 47% |
| Apartment | $482 | 123 | 46% |
| Room | $275 | 12 | 4% |
Source · MBIE Tenancy Services — Q1 2026 · Property-type split · Reviewed Aug 2026 · Method
Pre-filled with the Queen Street 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.
Source · MBIE Tenancy Services — Q1 2026 · Rent pre-filled, price is yours · Reviewed Aug 2026 · Method
The closest suburbs to Queen Street, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Hobson Ridge | $468 | +$4 | 0.3 km |
| Auckland-University | $466 | +$2 | 0.5 km |
| Shortland Street | $470 | +$6 | 0.6 km |
| Symonds Street | $463 | -$1 | 0.6 km |
| Victoria Park | $515 | +$51 | 0.7 km |
| Anzac Avenue | $500 | +$36 | 0.9 km |
Source · MBIE Tenancy Services — Q1 2026 · Straight-line distance, area centres · Reviewed Aug 2026 · Method
Rent tells you what a Queen Street 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 Queen Street address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Queen Street median of $464 a week, a second dwelling would add roughly $24,128 a year in gross rent.
Check Queen Street zoning and development rules →There are 2 schools in Queen Street. None of them operates an enrolment zone. 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 Queen Street →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Queen Street property would rent or sell for today — based on real local numbers, not a guess.
Request a free appraisalAreas included in Queen Street: Queen Street · Queen Street South West. See how we combine them.
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