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flag Auckland rents dipped slightly in October 2025, with 675 units rented amid rising demand and price cuts.

flag Auckland’s rental market showed stability in October 2025, with average weekly rents at $695.05—slightly down from September and the smallest year-on-year increase in a decade. flag Despite ongoing supply pressures, rental activity surged, with 675 properties rented, a 13.8% rise from September, and viewings and applications up. flag Landlords are lowering prices, with 36% of rentals below original listings, especially in high-supply areas. flag While some suburbs saw modest rent gains, others experienced declines, reflecting a competitive market. flag Data from Barfoot & Thompson, which manages over 17,500 properties, indicates shifting dynamics driven by demand and inventory.

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