Honolulu, HI Rental Market Trends
What is the average rent in Honolulu?
The average rent for an apartment in Honolulu is $1,725, a 8% decrease compared to the previous year, when the average rent was $1,881.
Average Rent in Honolulu, HI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,725 | -8% | 599 sq. ft. |
What is the average apartment size in Honolulu?
The average size for a Honolulu, HI apartment is 599 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-$1,0005%
- $1,001-$1,50027%
- $1,501-$2,00047%
- > $2,00021%
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 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Honolulu, HI | $1,855 | $1,855 | $1,790 | $1,604 | $1,734 | $1,725 | $1,881 | $1,726 | $1,743 | $1,725 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
Average Rent in Honolulu, HI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Anchorage | $2,777 |
| Kalama Valley | $2,777 |
| Kamehame Ridge | $2,777 |
| Kamilo Nui | $2,777 |
| Kamiloiki | $2,777 |
| Kealaula Kai | $2,777 |
| Koko Head Terrace | $2,777 |
| Koko Kai | $2,777 |
| Koko Villas | $2,777 |
| Laulima | $2,777 |
| Lower Hahaione | $2,777 |
| Luna Kai | $2,777 |
| Mariners Cove | $2,777 |
| Mariners Ridge | $2,777 |
| Mariners Valley | $2,777 |
| Napali Haweo | $2,777 |
| Napua Point | $2,777 |
| Portlock | $2,777 |
| Queens Gate | $2,777 |
| Spinnaker Isle | $2,777 |
| Triangle | $2,777 |
| Upper Hahaione | $2,777 |
| West Marina | $2,777 |
| Downtown Honolulu | $2,122 |
| Honolulu City Hall | $2,122 |
| Kalawahine Streamside | $2,122 |
| Lower - Punchbowl | $2,122 |
| Papakolea | $2,122 |
| Pauoa Valley | $2,122 |
| Punchbowl | $2,122 |
| Queens | $2,122 |
| Tantalus | $2,122 |
| Lower - Nuuanu | $1,857 |
| Nuuanu | $1,857 |
| Nuuanu Pali | $1,857 |
| Pacific Heights | $1,857 |
| Fort Shafter | $1,734 |
| Joint Base Pearl Harbor - Hickam | $1,734 |
| Kalihi Uka | $1,734 |
| Kalihi Valley | $1,734 |
| Lower - Kalihi | $1,734 |
| Mapunapuna | $1,734 |
| Moanalua Gardens | $1,734 |
| Moanalua Valley | $1,734 |
| Red Hill | $1,734 |
| Sand Island | $1,734 |
| Upper - Kalihi | $1,734 |
| Kakaako | $1,730 |
| Kapio - Kinau - Ward | $1,730 |
| Kalihi Kai | $1,725 |
| Kapalama | $1,725 |
| Alewa Heights | $1,693 |
| Chinatown | $1,693 |
| Dillingham | $1,693 |
| Dowsett | $1,693 |
| Kalihi | $1,693 |
| Kamehameha Heights | $1,693 |
| Kuakini | $1,693 |
| Liliha | $1,693 |
| Oahu Country Club | $1,693 |
| Old Pali | $1,693 |
| Palama | $1,693 |
| Puunui | $1,693 |
| Ala Moana | $1,568 |
| Holiday Mart | $1,568 |
| Makiki | $1,568 |
| Pawaa | $1,490 |
| Kapiolani | $1,402 |
| McCully | $1,402 |
| Moiliili | $1,402 |
| University | $1,402 |
| Diamond Head | $1,363 |
| Kapahulu | $1,363 |
| Waikiki | $1,363 |
What are the most affordable neighborhoods in Honolulu?
The most affordable neighborhoods in Honolulu are Diamond Head, where the average rent goes for $1,363/month, Kapahulu, where renters pay $1,363/mo on average, and Waikiki, where the average rent goes for $1,363/mo. If you’re looking for other great deals, check out the listings from Kapiolani ($1,402), McCully ($1,402), and Moiliili ($1,402), where the asking prices are below the average Honolulu rent of $1,725/mo.
What are the most expensive neighborhoods in Honolulu?
The most expensive neighborhoods in Honolulu are Triangle ($2,777), Upper Hahaione ($2,777) and West Marina ($2,777).
What are the most popular neighborhoods in Honolulu?
The most popular neighborhood in Honolulu is Waikiki, where there are 6 verified RENTCafé listings with an average rent of $1,363. Next up is Makiki, where apartments go for $1,568/month, followed by Kakaako with $1,730 If you’re looking to rent in Honolulu’s most popular neighborhoods, make sure to also check out Chinatown, where renters pay $1,693 on average, and McCully, where the average monthly rent is $1,402.
Honolulu | Rent Comparison by Neighborhood
Rent in Ala Moana is 7% lower than in Alewa Heights
Ala Moana rent is 9% lower than Honolulu average
| Average Rent | $1,568 |
|---|
Alewa Heights rent is 2% lower than Honolulu average
| Average Rent | $1,693 |
|---|
How Honolulu Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Oahu | $2,121 | -2% |
| Honolulu | $1,725 | -8% |
| Kapolei | $2,397 | -2% |
| Ewa Beach | $2,695 | 1% |
| Kaneohe | $1,582 | -2% |
| Wahiawa | $2,190 | 3% |