Honolulu, HI Rental Market Trends
Highlights
The average rent for an apartment in Honolulu is $1,743, a 1% increase compared to the previous year, when the average rent was $1,725.
Average Rent in Honolulu, HI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,743 | 1% | 605 sq. ft. |
The average size for a Honolulu, HI apartment is 605 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,50019%
- $1,501-$2,00057%
- > $2,00019%
Honolulu, HI Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
51,109 or 38% of the households in Honolulu, HI are renter-occupied while 83,141 or 61% are owner-occupied.
Honolulu, HI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Feb / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Honolulu, HI | $1,855 | $1,855 | $1,790 | $1,604 | $1,734 | $1,725 | $1,881 | $1,726 | $1,743 |
| National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |
Average Rent in Honolulu, HI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Anchorage | $2,805 |
| Kalama Valley | $2,805 |
| Kamehame Ridge | $2,805 |
| Kamilo Nui | $2,805 |
| Kamiloiki | $2,805 |
| Kealaula Kai | $2,805 |
| Koko Head Terrace | $2,805 |
| Koko Kai | $2,805 |
| Koko Villas | $2,805 |
| Laulima | $2,805 |
| Lower Hahaione | $2,805 |
| Luna Kai | $2,805 |
| Mariners Cove | $2,805 |
| Mariners Ridge | $2,805 |
| Mariners Valley | $2,805 |
| Napali Haweo | $2,805 |
| Napua Point | $2,805 |
| Portlock | $2,805 |
| Queens Gate | $2,805 |
| Spinnaker Isle | $2,805 |
| Triangle | $2,805 |
| Upper Hahaione | $2,805 |
| West Marina | $2,805 |
| Downtown Honolulu | $2,113 |
| Honolulu City Hall | $2,113 |
| Kalawahine Streamside | $2,113 |
| Lower - Punchbowl | $2,113 |
| Papakolea | $2,113 |
| Pauoa Valley | $2,113 |
| Punchbowl | $2,113 |
| Queens | $2,113 |
| Tantalus | $2,113 |
| Lower - Nuuanu | $1,849 |
| Nuuanu | $1,849 |
| Nuuanu Pali | $1,849 |
| Pacific Heights | $1,849 |
| Fort Shafter | $1,751 |
| Joint Base Pearl Harbor - Hickam | $1,751 |
| Kalihi Uka | $1,751 |
| Kalihi Valley | $1,751 |
| Lower - Kalihi | $1,751 |
| Mapunapuna | $1,751 |
| Moanalua Gardens | $1,751 |
| Moanalua Valley | $1,751 |
| Red Hill | $1,751 |
| Sand Island | $1,751 |
| Upper - Kalihi | $1,751 |
| Kalihi Kai | $1,738 |
| Kapalama | $1,738 |
| Alewa Heights | $1,692 |
| Chinatown | $1,692 |
| Dillingham | $1,692 |
| Dowsett | $1,692 |
| Kalihi | $1,692 |
| Kamehameha Heights | $1,692 |
| Kuakini | $1,692 |
| Liliha | $1,692 |
| Oahu Country Club | $1,692 |
| Old Pali | $1,692 |
| Palama | $1,692 |
| Puunui | $1,692 |
| Kakaako | $1,610 |
| Kapio - Kinau - Ward | $1,610 |
| Diamond Head | $1,523 |
| Kapahulu | $1,523 |
| Waikiki | $1,523 |
| Kapiolani | $1,468 |
| McCully | $1,468 |
| Moiliili | $1,468 |
| University | $1,468 |
| Pawaa | $1,425 |
| Ala Moana | $1,401 |
| Holiday Mart | $1,401 |
| Makiki | $1,401 |
The most affordable neighborhoods in Honolulu are Ala Moana, where the average rent goes for $1,401/month, Holiday Mart, where renters pay $1,401/mo on average, and Makiki, where the average rent goes for $1,401/mo. If you’re looking for other great deals, check out the listings from Pawaa ($1,425), Kapiolani ($1,468), and McCully ($1,468), where the asking prices are below the average Honolulu rent of $1,743/mo.
The most expensive neighborhoods in Honolulu are Triangle ($2,805), Upper Hahaione ($2,805) and West Marina ($2,805).
The most popular neighborhood in Honolulu is Waikiki, where there are 7 verified RENTCafé listings with an average rent of $1,523. Next up is Makiki, where apartments go for $1,401/month, followed by Kakaako with $1,610 If you’re looking to rent in Honolulu’s most popular neighborhoods, make sure to also check out Chinatown, where renters pay $1,692 on average, and McCully, where the average monthly rent is $1,468.
Honolulu | Rent Comparison by Neighborhood
Rent in Ala Moana is 17% lower than in Alewa Heights
Ala Moana rent is 20% lower than Honolulu average
| Average Rent | $1,401 |
|---|
Alewa Heights rent is 3% lower than Honolulu average
| Average Rent | $1,692 |
|---|
How Honolulu Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Oahu | $2,070 | 1% |
| Honolulu | $1,743 | 1% |
| Kapolei | $2,327 | -4% |
| Ewa Beach | $2,477 | 1% |
| Wahiawa | $2,093 | 1% |
| Ewa Villages | $2,477 | 1% |
| Kalaeloa | $2,327 | -4% |
| Makakilo | $2,327 | -4% |
For more information about the Honolulu rental trends, check out our monthly rent report
Check out Hawaii Cities, Hawaii Neighborhoods and Hawaii Zip Codes for more details on verified listings, including the Hawaii Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!