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Rental Market Trends in Honolulu, HI

What is the average rent in Honolulu, HI?

$1,706/month

Average Rent

443 Sq Ft

Average Apartment Size

+1.8%

Increase in the Last Year

As of June 2025, the average rent in Honolulu, HI is $1,706 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Honolulu rent prices are 5% higher than the national average. When you rent an apartment in Honolulu, you can expect to pay about $1,475 per month for a studio, $1,706 for a one-bedroom apartment, and around $2,192 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,519 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,475/month
352 Sq Ft
One Bedroom
$1,706/month
443 Sq Ft
Two Bedroom
$2,192/month
744 Sq Ft
Three Bedroom
$3,519/month
1,038 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,313/month
516 Sq Ft
Two Bedroom
$3,737/month
801 Sq Ft
Three Bedroom
$4,667/month
1,403 Sq Ft
Four Bedroom
$10,299/month
2,839 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$3,262/month
596 Sq Ft
Two Bedroom
$4,275/month
974 Sq Ft
Three Bedroom
$6,881/month
1,342 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,300/month
834 Sq Ft
Two Bedroom
$3,140/month
827 Sq Ft
Three Bedroom
$3,999/month
1,112 Sq Ft

How much has average rent changed in Honolulu, HI?

In the past year, rent has increased by 1.8%, which averages out to $32 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Honolulu, HI
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Honolulu, HI
Percentage*
Rent Range
0% Below $700/month
7% $700 - $1,000/month
48% $1,001 - $1,500/month
32% $1,501 - $2,000/month
12% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Honolulu?

Based on current rent prices, Manoa, Nuuanu-Punchbowl and Makiki-Lower Punchbowl-Tantalu are the most affordable neighborhoods in Honolulu.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Manoa
$1,856/month
428 Sq Ft
Nuuanu-Punchbowl
$1,857/month
699 Sq Ft
Makiki-Lower Punchbowl-Tantalu
$1,930/month
659 Sq Ft
Mccully-Moiliili
$2,089/month
456 Sq Ft
Downtown Honolulu
$2,575/month
677 Sq Ft
Ala Wai
$2,735/month
529 Sq Ft
Kakaako
$2,948/month
595 Sq Ft
Dewey Beach
$3,153/month
650 Sq Ft
Waikiki
$3,210/month
615 Sq Ft
Ala Moana-Kakaako
$3,480/month
643 Sq Ft

What are the most expensive neighborhoods in Honolulu?

Based on current rent prices, Ward Village, Diamond Head-Kapahulu-St Louis and Ala Moana-Kakaako are the most expensive neighborhoods in Honolulu.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ward Village
$3,787/month
627 Sq Ft
Diamond Head-Kapahulu-St Louis
$3,602/month
570 Sq Ft
Ala Moana-Kakaako
$3,480/month
643 Sq Ft
Waikiki
$3,210/month
615 Sq Ft
Dewey Beach
$3,153/month
650 Sq Ft
Kakaako
$2,948/month
595 Sq Ft
Ala Wai
$2,735/month
529 Sq Ft
Downtown Honolulu
$2,575/month
677 Sq Ft
Mccully-Moiliili
$2,089/month
456 Sq Ft
Makiki-Lower Punchbowl-Tantalu
$1,930/month
659 Sq Ft

Which Honolulu neighborhoods have the most rentals available?

The neighborhoods in Honolulu with the most apartments available are Waikiki, Diamond Head-Kapahulu-St Louis and Mccully-Moiliili .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Waikiki
$3,210/month
615 Sq Ft
Diamond Head-Kapahulu-St Louis
$3,602/month
570 Sq Ft
Mccully-Moiliili
$2,089/month
456 Sq Ft
Ala Moana-Kakaako
$3,480/month
643 Sq Ft
Dewey Beach
$3,153/month
650 Sq Ft
Manoa
$1,856/month
428 Sq Ft
Downtown Honolulu
$2,575/month
677 Sq Ft
Makiki-Lower Punchbowl-Tantalu
$1,930/month
659 Sq Ft
Nuuanu-Punchbowl
$1,857/month
699 Sq Ft
Kakaako
$2,948/month
595 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Honolulu, HI?

Because the average rent in Honolulu is $1,706, you’ll want to make about $5,686 per month or $68,232 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Honolulu, HI is 86.8% higher than the national average. Generally, housing in Honolulu is 210.0% more expensive than the national average, with rent falling between $1,475 - $3,519. You can expect to pay 30.4% more for groceries, 97.6% more for utilities, and 33.6% more for transportation.

City

Honolulu, HI

1,121 Available Apartments for Rent

Search for Nearby Apartments

How does Honolulu, HI compare to other nearby cities and neighborhoods?

Use the tool below to compare Honolulu, HI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Honolulu, HI

Apartment Averages

Manoa

Honolulu, HI

Ward Village

Honolulu, HI

Studio
$948/month
-
One Bedroom
$1,341/month
-
Two Bedroom
$1,852/month
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Kaneohe Average Rent
  • Kailua Average Rent
  • Aiea Average Rent
  • Ewa Beach Average Rent

Apartment communities in Honolulu we think you'll love

Lilia Waikiki

Lilia Waikiki

2380 Kuhio Ave,
Honolulu, HI 96815

Studio - 3 Beds | $3,043 - $13,117

Hale Haukani

Hale Haukani

2570 Dole St,
Honolulu, HI 96822

Studio - 4 Beds | $1,433 - $5,732

The Residences at Bishop Place

The Residences at Bishop Place

1132 Bishop St,
Honolulu, HI 96813

Studio - 1 Bed | $2,450 - $3,350

Moanalua Hillside Apartments

Moanalua Hillside Apartments

1221 Ala Kapuna St,
Honolulu, HI 96819

Studio - 2 Beds | $1,945 - $2,895

Property Management Companies in Honolulu, HI

Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
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United States Hawaii Honolulu Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity