AUSA President Will Matthews said Albert Park was well-known to be unsafe, and it was time that changed.
"We don't think it's acceptable anyone should be so at risk in public places," he said.
"While everyone has to exercise a degree of personal responsibility, we have the right to feel safe in Albert Park."
Mr Matthews will speak at the rally alongside MP Jacinda Ardern, Auckland Councillor Mike Lee, National Women's Rights officer Izzy O'Neill and a representative of the NZ Chinese Students' Association.
The safety audit component will involve attendees surveying the park on key safety issues including lighting, visibility and security presence.
"This is a community issue, and we want the community to be a part of creating the change," said Mr Matthews.
AUSA Women's Rights officers Aditi Gorasia and Diana Qiu said the exercise aimed to change the culture of safety around the university.
"We're getting this culture where victims of assault are being told that it's their fault, that they shouldn't be walking in Albert Park in the evening.
"That kind of victim blaming is the wrong approach -- we should be looking at addressing the root cause of the problem.
"People won't feel safer in Albert Park overnight. This is the beginning of a long process to create a culture change and make Auckland a safer place for all."
Last Friday, a panel discussion involving local MPs and members of the Chinese and students communities was held, as well as an awareness run that finished its course in the park.