Median weekly rent, six-year trend and rental yield for Shortland Street — built from 141 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. Shortland Street is the 10th most affordable of the 246 Auckland suburbs we track — cheaper than 96% of them.
The median weekly rent in Shortland Street is $470, based on 141 new tenancy bonds lodged in Q1 2026. That is 24% below the Auckland-wide median of $622.
Over the past year the median has fallen 6.0%, and it is up 7% on Q1 2020, when the median was $455.
Most new tenancies fall between $420 and $640 a week — the middle half of the market.
Shortland Street is the 10th most affordable of the 246 Auckland suburbs we track — cheaper than 96% 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 | $455 | 138 |
| Q2 2020 | $430 | 129 |
| Q3 2020 | $415 | 141 |
| Q4 2020 | $400 | 126 |
| Q1 2021 | $440 | 195 |
| Q2 2021 | $540 | 168 |
| Q3 2021 | $478 | 87 |
| Q4 2021 | $445 | 123 |
| Q1 2022 | $430 | 165 |
| Q2 2022 | $420 | 138 |
| Q3 2022 | $450 | 135 |
| Q4 2022 | $440 | 102 |
| Q1 2023 | $525 | 147 |
| Q2 2023 | $550 | 111 |
| Q3 2023 | $520 | 123 |
| Q4 2023 | $540 | 102 |
| Q1 2024 | $500 | 117 |
| Q2 2024 | $480 | 108 |
| Q3 2024 | $475 | 117 |
| Q4 2024 | $460 | 102 |
| Q1 2025 | $500 | 183 |
| Q2 2025 | $500 | 102 |
| Q3 2025 | $550 | 108 |
| Q4 2025 | $493 | 90 |
| Q1 2026 | $470 | 141 |
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 | $450 | 60 | 43% |
| Apartment | $470 | 78 | 55% |
Pre-filled with the Shortland 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.
The closest suburbs to Shortland Street, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Anzac Avenue | $500 | +$30 | 0.3 km |
| Auckland-University | $466 | -$4 | 0.5 km |
| Queen Street | $464 | -$6 | 0.6 km |
| Hobson Ridge | $468 | -$2 | 0.8 km |
| The Strand | $399 | -$71 | 0.8 km |
| Quay Street-Customs Street | $670 | +$200 | 0.9 km |
Rent tells you what a Shortland 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 Shortland Street address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Shortland Street median of $470 a week, a second dwelling would add roughly $24,440 a year in gross rent.
Check Shortland Street zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Shortland Street property would rent or sell for today — based on real local numbers, not a guess.
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