Honolulu, HI Rental Market Trends
What is the average rent in Honolulu?
The average rent for an apartment in Honolulu is $2,076. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Honolulu, HI
|Average Rent||Average Apartment Size|
|$2,076||592 sq. ft.|
What is the average apartment size in Honolulu?
The average size for a Honolulu, HI apartment is 592 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
Honolulu, HI Occupied Housing Units
67,880 or 49% of the households in Honolulu, HI are renter-occupied while 70,859 or 51% are owner-occupied.
Honolulu, HI rent trends
Average Rent in Honolulu, HI By Neighborhood
|Koko Head Terrace||$3,283|
|Honolulu City Hall||$2,323|
|Lower - Punchbowl||$2,323|
|Lower - Nuuanu||$2,029|
|Joint Base Pearl Harbor - Hickam||$1,986|
|Lower - Kalihi||$1,986|
|Upper - Kalihi||$1,986|
|Oahu Country Club||$1,847|
|Kapio - Kinau - Ward||$1,650|
What are the most affordable neighborhoods in Honolulu?
The most affordable neighborhoods in Honolulu are Ala Moana, where the average rent goes for $1,209/month, Holiday Mart, where renters pay $1,209/mo on average, and Makiki, where the average rent goes for $1,209/mo. If you’re looking for other great deals, check out the listings from Pawaa ($1,420), Kapiolani ($1,571), and McCully ($1,571), where the asking prices are below the average Honolulu rent of $2,076/mo.
What are the most expensive neighborhoods in Honolulu?
The most expensive neighborhoods in Honolulu are Triangle ($3,283), Upper Hahaione ($3,283) and West Marina ($3,283).
What are the most popular neighborhoods in Honolulu?
The most popular neighborhood in Honolulu is Waikiki, where there are 10 listings with an average rent of $2,886. Next up is Kakaako, where apartments go for $1,650/month, followed by Makiki with $1,209 If you’re looking to rent in Honolulu’s most popular neighborhoods, make sure to also check out Chinatown, where renters pay $1,847 on average, and Downtown Honolulu, where the average monthly rent is $2,323.
Honolulu | Rent Comparison by Neighborhood
Rent in Ala Moana is 35% lower than in Alewa Heights
Ala Moana rent is 42% lower than Honolulu average
Alewa Heights rent is 11% lower than Honolulu average
How Honolulu Compares to Other Cities
What is the average price for a storage unit in Honolulu?
The average rent for a non-climate-controlled 10'x10' storage unit in Honolulu is $371. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.