Median weekly rent, six-year trend and rental yield for The Strand — built from 123 tenancy bonds lodged with Tenancy Services.
Source · MBIE Tenancy Services — Q1 2026 · 123 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. The Strand is the 3rd most affordable of the 246 Auckland suburbs we track — cheaper than 99% of them.
Source · MBIE Tenancy Services — Q1 2026 · 246 Auckland suburbs · Reviewed Aug 2026 · Method
The median weekly rent in The Strand is $399, based on 123 new tenancy bonds lodged in Q1 2026. That is 36% below the Auckland-wide median of $622.
Over the past year the median has been broadly flat, and it is down 32% on Q1 2020, when the median was $580.
Most new tenancies fall between $370 and $545 a week — the middle half of the market.
The Strand is the 3rd most affordable of the 246 Auckland suburbs we track — cheaper than 99% 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 | $580 | 51 |
| Q2 2020 | $615 | 21 |
| Q3 2020 | $625 | 51 |
| Q4 2020 | $540 | 42 |
| Q1 2021 | $585 | 72 |
| Q2 2021 | $500 | 39 |
| Q3 2021 | $520 | 33 |
| Q4 2021 | $430 | 66 |
| Q1 2022 | $450 | 108 |
| Q2 2022 | $405 | 87 |
| Q3 2022 | $359 | 150 |
| Q4 2022 | $369 | 123 |
| Q1 2023 | $379 | 159 |
| Q2 2023 | $419 | 69 |
| Q3 2023 | $380 | 84 |
| Q4 2023 | $379 | 54 |
| Q1 2024 | $400 | 120 |
| Q2 2024 | $400 | 60 |
| Q3 2024 | $408 | 87 |
| Q4 2024 | $400 | 69 |
| Q1 2025 | $400 | 135 |
| Q2 2025 | $389 | 75 |
| Q3 2025 | $389 | 90 |
| Q4 2025 | $430 | 66 |
| Q1 2026 | $399 | 123 |
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 | $605 | 39 | 32% |
| Apartment | $399 | 81 | 66% |
Source · MBIE Tenancy Services — Q1 2026 · Property-type split · Reviewed Aug 2026 · Method
Pre-filled with the The Strand 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 The Strand, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Anzac Avenue | $500 | +$101 | 0.5 km |
| Quay Street-Customs Street | $670 | +$271 | 0.6 km |
| Auckland-University | $466 | +$67 | 0.7 km |
| Shortland Street | $470 | +$71 | 0.8 km |
| Parnell | $749 | +$350 | 0.9 km |
| Queen Street | $464 | +$65 | 1.2 km |
Source · MBIE Tenancy Services — Q1 2026 · Straight-line distance, area centres · Reviewed Aug 2026 · Method
Rent tells you what a The Strand 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 The Strand address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the The Strand median of $399 a week, a second dwelling would add roughly $20,748 a year in gross rent.
Check The Strand zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your The Strand property would rent or sell for today — based on real local numbers, not a guess.
Request a free appraisal
A quick ask before you go
Hi, I’m Amit Sharma. I build and maintain this site and around fifty others like it — free to use, no paywall, no sign-up. If it was useful to you today, following along is the simplest way to support the projects and keep them running.
Continue to the site →