Waikiki, Honolulu, HI Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Waikiki is $3,039, a 0.47% increase compared to the previous year, when the average rent was $3,025.
Studio Apartments at $2,060 offer the most budget-friendly option with 396 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 595 square feet for $3,021, balancing privacy and affordability.
Average rent in Waikiki, Honolulu, HI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,039 | 585 sq. ft. |
| Studio | $2,060 | 396 sq. ft. |
| 1 Bed | $3,021 | 595 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
Waikiki, Honolulu, HI rent trends
Rental prices in Waikiki, Honolulu, HI have increased by 0.47% over the past year. The average rent moved from $3,025 to $3,039.
What's the typical rent budget in Waikiki, Honolulu, HI?
The largest share of rentals in Waikiki, Honolulu, HI (54%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Waikiki, Honolulu, HI?
8,309 or 55% of the households in Waikiki, Honolulu, HI are renter-occupied while 6,691 or 45% are owner-occupied.
Most affordable neighborhoods in Waikiki?
Pawaa $1,242/month
Chinatown $1,415/month
Moiliili $1,823/month
All of these neighborhoods fall below the city wide average of $2,037/month.Average Rent in Honolulu, HI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Waikiki | $3,039 |
| Moiliili | $1,823 |
| Chinatown | $1,415 |
| Pawaa | $1,242 |
Honolulu | Rent Comparison by Neighborhood
Rent in Waikiki is 115% higher than in Chinatown
Waikiki rent is the same as Honolulu average
Chinatown rent is 53% lower than Honolulu average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Waikiki apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.