Honolulu, HI Rental Market Trends
Highlights
The average rent for an apartment in Honolulu is $1,881, a 17% increase compared to the previous year, when the average rent was $1,604.
Average Rent in Honolulu, HI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,881 | 17% | 544 sq. ft. |
The average size for a Honolulu, HI apartment is 544 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-$1,0003%
- $1,001-$1,50025%
- $1,501-$2,00035%
- > $2,00036%
Honolulu, HI Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
50,627 or 37% of the households in Honolulu, HI are renter-occupied while 83,357 or 62% are owner-occupied.
Honolulu, HI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Jun / 2020 |
|---|---|---|---|---|---|---|---|
| Honolulu, HI | $1,855 | $1,855 | $1,790 | $1,604 | $1,734 | $1,725 | $1,881 |
| National | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Honolulu, HI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Makiki | $1,410 |
| Holiday Mart | $1,410 |
| Ala Moana | $1,410 |
| Pawaa | $1,422 |
| University | $1,443 |
| Moiliili | $1,443 |
| McCully | $1,443 |
| Kapiolani | $1,443 |
| Waikiki | $1,447 |
| Kapahulu | $1,447 |
| Diamond Head | $1,447 |
| Kapio - Kinau - Ward | $1,610 |
| Kakaako | $1,610 |
| Puunui | $1,649 |
| Palama | $1,649 |
| Old Pali | $1,649 |
| Oahu Country Club | $1,649 |
| Liliha | $1,649 |
| Kuakini | $1,649 |
| Kamehameha Heights | $1,649 |
| Kalihi | $1,649 |
| Dowsett | $1,649 |
| Dillingham | $1,649 |
| Chinatown | $1,649 |
| Alewa Heights | $1,649 |
| Pacific Heights | $1,818 |
| Nuuanu Pali | $1,818 |
| Nuuanu | $1,818 |
| Lower - Nuuanu | $1,818 |
| Kapalama | $1,995 |
| Kalihi Kai | $1,995 |
| Upper - Kalihi | $2,087 |
| Sand Island | $2,087 |
| Red Hill | $2,087 |
| Moanalua Valley | $2,087 |
| Moanalua Gardens | $2,087 |
| Mapunapuna | $2,087 |
| Lower - Kalihi | $2,087 |
| Kalihi Valley | $2,087 |
| Kalihi Uka | $2,087 |
| Joint Base Pearl Harbor - Hickam | $2,087 |
| Fort Shafter | $2,087 |
| Tantalus | $2,091 |
| Queens | $2,091 |
| Punchbowl | $2,091 |
| Pauoa Valley | $2,091 |
| Papakolea | $2,091 |
| Lower - Punchbowl | $2,091 |
| Kalawahine Streamside | $2,091 |
| Honolulu City Hall | $2,091 |
| Downtown Honolulu | $2,091 |
| West Marina | $3,026 |
| Upper Hahaione | $3,026 |
| Triangle | $3,026 |
| Spinnaker Isle | $3,026 |
| Queens Gate | $3,026 |
| Portlock | $3,026 |
| Napua Point | $3,026 |
| Napali Haweo | $3,026 |
| Mariners Valley | $3,026 |
| Mariners Ridge | $3,026 |
| Mariners Cove | $3,026 |
| Luna Kai | $3,026 |
| Lower Hahaione | $3,026 |
| Laulima | $3,026 |
| Koko Villas | $3,026 |
| Koko Kai | $3,026 |
| Koko Head Terrace | $3,026 |
| Kealaula Kai | $3,026 |
| Kamiloiki | $3,026 |
| Kamilo Nui | $3,026 |
| Kamehame Ridge | $3,026 |
| Kalama Valley | $3,026 |
| Anchorage | $3,026 |
The most affordable neighborhoods in Honolulu are Ala Moana, where the average rent goes for $1,410/month, Holiday Mart, where renters pay $1,410/mo on average, and Makiki, where the average rent goes for $1,410/mo. If you’re looking for other great deals, check out the listings from Pawaa ($1,422), Kapiolani ($1,443), and McCully ($1,443), where the asking prices are below the average Honolulu rent of $1,881/mo.
The most expensive neighborhoods in Honolulu are Triangle ($3,026), Upper Hahaione ($3,026) and West Marina ($3,026).
The most popular neighborhood in Honolulu is Waikiki, where there are 7 verified RENTCafé listings with an average rent of $1,447. Next up is Kakaako, where apartments go for $1,610/month, followed by Makiki with $1,410 If you’re looking to rent in Honolulu’s most popular neighborhoods, make sure to also check out Chinatown, where renters pay $1,649 on average, and Kapio - Kinau - Ward, where the average monthly rent is $1,610.
Honolulu | Rent Comparison by Neighborhood
Rent in Ala Moana is 14% lower than in Alewa Heights
Ala Moana rent is 25% lower than Honolulu average
| Average Rent | $1,410 |
|---|
Alewa Heights rent is 12% lower than Honolulu average
| Average Rent | $1,649 |
|---|
How Honolulu Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Oahu | $2,162 | 9% |
| Honolulu | $1,881 | 17% |
| Kapolei | $2,436 | 4% |
| Wahiawa | $2,121 | 3% |
| Kalaeloa | $2,436 | 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!