Honolulu, HI Rental Market Trends
Highlights
The average rent for an apartment in Honolulu is $1,782, a 30% increase compared to the previous year, when the average rent was $1,366.
Average Rent in Honolulu, HI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,782 | 30% | 609 sq. ft. |
The average size for a Honolulu, HI apartment is 609 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Honolulu, HI Apartment Rent Ranges
- $701-$1,0006%
- $1,001-$1,50029%
- $1,501-$2,00037%
- > $2,00028%
Honolulu, HI Rent Trends
| Average Rent | Jan / 2018 | May / 2018 | Apr / 2019 |
|---|---|---|---|
| Honolulu, HI | $1,846 | $1,846 | $1,782 |
| National | $1,366 | $1,381 | $1,396 |
Average Rent in Honolulu, HI By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Waiakamilo | $1,322 | ||||
| Puunui - Waokanaka Street | $1,322 | ||||
| Palama | $1,322 | ||||
| Lanakila | $1,322 | ||||
| Kuakini | $1,322 | ||||
| Kapalama | $1,322 | ||||
| Kamehameha Heights | $1,322 | ||||
| Iwilei | $1,322 | ||||
| Chinatown | $1,322 | ||||
| Alewa - Kawananakoa | $1,322 | ||||
| Aala | $1,322 | ||||
| UH Manoa Campus | $1,325 | ||||
| Moiliili | $1,325 | ||||
| McCully | $1,325 | ||||
| Bingham Tract | $1,325 | ||||
| Pawaa | $1,382 | ||||
| Ala Moana | $1,420 | ||||
| Halawa Valley | $1,429 | ||||
| Aloha Stadium | $1,429 | ||||
| Waikiki | $1,469 | ||||
| Olokeke | $1,469 | ||||
| Kapiolani Park | $1,469 | ||||
| Kapahulu | $1,469 | ||||
| Dowsett Highlands | $1,492 | ||||
| Downtown Honolulu | $1,492 | ||||
| Academy of Arts | $1,531 | ||||
| Round Top - Tantalus | $1,765 | ||||
| Queen's Hospital | $1,765 | ||||
| Punchbowl | $1,765 | ||||
| Pauoa | $1,765 | ||||
| Makiki Heights | $1,765 | ||||
| Kakaako | $1,765 | ||||
| Upper Kalihi Valley | $2,132 | ||||
| Sand Island | $2,132 | ||||
| Red Hill | $2,132 | ||||
| Nimitz - Airport Commercial | $2,132 | ||||
| Moanalua | $2,132 | ||||
| Kamehameha Park | $2,132 | ||||
| Kamanaiki | $2,132 | ||||
| Kalihi Valley Park | $2,132 | ||||
| Kalihi Kai | $2,132 | ||||
| Kalihi - Palama | $2,132 | ||||
| Honolulu International Airport | $2,132 | ||||
| Fort Shafter | $2,132 | ||||
| Portlock | $2,708 | ||||
| Mariners Ridge | $2,708 | ||||
| Lunalilo Park | $2,708 | ||||
| Kuapa Isle | $2,708 | ||||
| Koko Marina | $2,708 | ||||
| Kamiloiki | $2,708 | ||||
| Kalama Valley | $2,708 | ||||
| Hawaii Kai Marina | $2,708 | ||||
| Hanauma Bay | $2,708 | ||||
| Hahaione | $2,708 | ||||
The most affordable neighborhoods in Honolulu are Aala, where the average rent goes for $1,322/month, Alewa - Kawananakoa, where renters pay $1,322/mo on average, and Chinatown, where the average rent goes for $1,322/mo. If you’re looking for other great deals, check out the listings from Iwilei ($1,322), Kamehameha Heights ($1,322), and Kapalama ($1,322), where the asking prices are below the average Honolulu rent of $1,782/mo.
The most expensive neighborhoods in Honolulu are Lunalilo Park ($2,708), Mariners Ridge ($2,708) and Portlock ($2,708).
Honolulu | Rent Comparison by Neighborhood
Rent in Aala is 14% lower than in Academy of Arts
Aala rent is 26% lower than Honolulu average
| Average Rent | $1,322 |
|---|
Academy of Arts rent is 14% lower than Honolulu average
| Average Rent | $1,531 |
|---|