Oahu, HI Rental Market Trends
Highlights
The average rent for an apartment in Oahu is $2,162, a 9% increase compared to the previous year, when the average rent was $1,983.
Average Rent in Oahu, HI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,162 | 9% | 831 sq. ft. |
The average size for a Oahu, HI apartment is 831 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
- $701-$1,0001%
- $1,001-$1,50012%
- $1,501-$2,00032%
- > $2,00055%
Oahu, HI Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
82,135 or 29% of the households in Oahu, HI are renter-occupied while 196,316 or 70% are owner-occupied.
Oahu, HI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|
| Oahu, HI | $2,012 | $2,017 | $2,127 | $1,983 | $2,037 | $2,047 | $2,162 |
| National | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Oahu, HI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Wailuna | $1,321 |
| Royal Summit | $1,321 |
| Newtown | $1,321 |
| 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 |
| Kualoa | $1,615 |
| Hakipuu | $1,615 |
| 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 Oahu are Newtown, where the average rent goes for $1,321/month, Royal Summit, where renters pay $1,321/mo on average, and Wailuna, where the average rent goes for $1,321/mo. If you’re looking for other great deals, check out the listings from Ala Moana ($1,410), Holiday Mart ($1,410), and Makiki ($1,410), where the asking prices are below the average Oahu rent of $2,162/mo.
The most expensive neighborhoods in Oahu are Triangle ($3,026), Upper Hahaione ($3,026) and West Marina ($3,026).
The most popular neighborhood in Oahu is Waikiki, where there are 7 verified RENTCafé listings with an average rent of $1,447. Next up is Makiki, where apartments go for $1,410/month, followed by Kakaako with $1,610 If you’re looking to rent in Oahu’s most popular neighborhoods, make sure to also check out Chinatown, where renters pay $1,649 on average, and Lower - Kalihi, where the average monthly rent is $2,087.
Oahu | Rent Comparison by Neighborhood
Rent in Ala Moana is 14% lower than in Alewa Heights
Ala Moana rent is 35% lower than Oahu average
| Average Rent | $1,410 |
|---|
Alewa Heights rent is 24% lower than Oahu average
| Average Rent | $1,649 |
|---|
How Oahu Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Oahu | $2,162 | 9% |
| Honolulu | $1,881 | 17% |
| Kapolei | $2,436 | 4% |
| Ewa Beach | $2,668 | 12% |
| Wahiawa | $2,121 | 3% |
| Ewa Villages | $2,668 | 12% |
| Kalaeloa | $2,436 | 4% |
For more information about the Oahu 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!