Auckland’s Most Affordable Suburbs
The big smoke’s got a lot to offer – plenty of jobs, sporting and music events for Africa, and just a hop, skip and a jump to some of the country’s best beaches. But it’s also one of the most unaffordable cities in the world! A big factor of which is rent, which has seen consistent increases in recent years, while wages have remained relatively stable. And things only seem to be getting harder – Auckland’s unaffordability factor has nearly doubled since 2004.
As the rental market gets harder for tenants and more Aucklanders start looking further afield for cheaper rent, we wanted to check out where we can get the best bang for our buck.
Cheapest suburbs in each Auckland region (as at Oct 17):
Average rent per wk (3 bdrm)
Glen Innes $561
Franklin / Manukau Rural
Pakuranga / Howick
Clendon Park $457
Nationwide, the cheapest area for a 3 bedroom rental property was in Wairoa with an average $195 per week. South Taranaki, Clutha / Southland, Buller, Kawerau, Opotiki, Gore and Central Hawkes Bay all had average rents of around $230 for a 3 bedroom property.
If you live in Auckland, Wellington or Christchurch, you can check out the interactiveAffordabilitymap which compares rent prices and commute time based on your income, number of bedrooms required and location.
With increasing rental costs, it’s no wonder more and more tenants are looking for finance when it comes to moving. Bond, letting fee and rent in advance can really stretch your finances, even for the best tenants. MoveSMART can sort your bond, letting fee and rent in advance – we pay your landlord the move-in costs so you can relax knowing we have you covered. Find out more.