Press Release – Barfoot and Thompson The average weekly rent in Auckland reached a new high of $595 at the end of 2020, just shy of a long-anticipated $600 per week. Quarterly Rental Update: Weekly rents in most areas up $10 or more per week The average weekly rent in Auckland reached a new high of $595 at the end of 2020, just shy of a long-anticipated $600 per week. The figure is based on actual rents paid during December 2020 for around 16,500 Auckland properties, including both new and existing tenancies, managed by agency Barfoot & Thompson*. “We have long suspected the market would hit the $600 mark during 2020. And while this was dampened somewhat by the effects of lockdown, the momentum continued among newly signed tenancies,” explains Barfoot & Thompson Director Kiri Barfoot.