Oahu, HI Rental Market Trends

Q: What are the most popular neighborhoods in Oahu?

The most popular neighborhood in Oahu is Waikiki , where there are 9 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 Oahu’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.

What is the average rent in Oahu?

The average rent for an apartment in Oahu is $2,532. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Oahu, HI

Last updated July 2023

Average Rent	Average Apartment Size
$2,532	848 sq. ft.

What is the average apartment size in Oahu?

The average size for a Oahu, HI apartment is 848 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.

Oahu, HI apartment rent ranges

Oahu, HI Occupied Housing Units

122,587 or 42% of the households in Oahu, HI are renter-occupied while 172,446 or 58% are owner-occupied.

Oahu, HI rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Oahu, HI By Neighborhood

Neighborhood	Average Rent
Anchorage	$3,283
Kalama Valley	$3,283
Kamehame Ridge	$3,283
Kamilo Nui	$3,283
Kamiloiki	$3,283
Kealaula Kai	$3,283
Koko Head Terrace	$3,283
Koko Kai	$3,283
Koko Villas	$3,283
Laulima	$3,283
Lower Hahaione	$3,283
Luna Kai	$3,283
Mariners Cove	$3,283
Mariners Ridge	$3,283
Mariners Valley	$3,283
Napali Haweo	$3,283
Napua Point	$3,283
Portlock	$3,283
Queens Gate	$3,283
Spinnaker Isle	$3,283
Triangle	$3,283
Upper Hahaione	$3,283
West Marina	$3,283
Diamond Head	$2,886
Kapahulu	$2,886
Waikiki	$2,886
Downtown Honolulu	$2,323
Honolulu City Hall	$2,323
Kalawahine Streamside	$2,323
Lower - Punchbowl	$2,323
Papakolea	$2,323
Pauoa Valley	$2,323
Punchbowl	$2,323
Queens	$2,323
Tantalus	$2,323
Lower - Nuuanu	$2,029
Nuuanu	$2,029
Nuuanu Pali	$2,029
Pacific Heights	$2,029
Fort Shafter	$1,986
Joint Base Pearl Harbor - Hickam	$1,986
Kalihi Uka	$1,986
Kalihi Valley	$1,986
Lower - Kalihi	$1,986
Mapunapuna	$1,986
Moanalua Gardens	$1,986
Moanalua Valley	$1,986
Red Hill	$1,986
Sand Island	$1,986
Upper - Kalihi	$1,986
Kalihi Kai	$1,957
Kapalama	$1,957
Alewa Heights	$1,847
Chinatown	$1,847
Dillingham	$1,847
Dowsett	$1,847
Kalihi	$1,847
Kamehameha Heights	$1,847
Kuakini	$1,847
Liliha	$1,847
Oahu Country Club	$1,847
Old Pali	$1,847
Palama	$1,847
Puunui	$1,847
Kakaako	$1,650
Kapio - Kinau - Ward	$1,650
Kapiolani	$1,571
McCully	$1,571
Moiliili	$1,571
University	$1,571
Hakipuu	$1,478
Kualoa	$1,478
Pawaa	$1,420
Ala Moana	$1,209
Holiday Mart	$1,209
Makiki	$1,209
Newtown	$1,205
Royal Summit	$1,205
Wailuna	$1,205

What are the most affordable neighborhoods in Oahu?

The most affordable neighborhoods in Oahu are Newtown, where the average rent goes for $1,205/month, Royal Summit, where renters pay $1,205/mo on average, and Wailuna, where the average rent goes for $1,205/mo. If you’re looking for other great deals, check out the listings from Ala Moana ($1,209), Holiday Mart ($1,209), and Makiki ($1,209), where the asking prices are below the average Oahu rent of $2,532/mo.

What are the most expensive neighborhoods in Oahu?

The most expensive neighborhoods in Oahu are Triangle ($3,283), Upper Hahaione ($3,283) and West Marina ($3,283).

What are the most popular neighborhoods in Oahu?

The most popular neighborhood in Oahu is Waikiki, where there are 9 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 Oahu’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.

Oahu | Rent Comparison by Neighborhood

Rent in Ala Moana is 35% lower than in Alewa Heights

$1,209

Ala Moana rent is 52% lower than Oahu average

Average Rent	$1,209

$1,847

Alewa Heights rent is 27% lower than Oahu average

Average Rent	$1,847

How Oahu Compares to Other Cities

City	Average Rent
Oahu	$2,532
Honolulu	$2,076
Kapolei	$2,775
Ewa Beach	$3,197
Waipahu	$2,601
Aiea	$1,205
Kaneohe	$1,478

What is the average price for a storage unit in Oahu?

The average rent for a non-climate-controlled 10'x10' storage unit in Oahu is $366.75. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.