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Rental Market Trends in Honolulu, HI

What is the average rent in Honolulu, HI?

$1,711/month

Average Rent

443 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of July 2025, the average rent in Honolulu, HI is $1,711 per month. For comparison, the national average rent price in the US is currently $1,637/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 $1,507 per month for a studio, $1,711 for a one-bedroom apartment, and around $2,154 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,549 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,507/month
352 Sq Ft
One Bedroom
$1,711/month
443 Sq Ft
Two Bedroom
$2,154/month
744 Sq Ft
Three Bedroom
$3,549/month
1,038 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,061/month
477 Sq Ft
Two Bedroom
$3,419/month
790 Sq Ft
Three Bedroom
$4,845/month
1,216 Sq Ft
Four Bedroom
$8,254/month
2,366 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,723/month
581 Sq Ft
Two Bedroom
$4,090/month
949 Sq Ft
Three Bedroom
$7,802/month
1,523 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,365/month
783 Sq Ft
Two Bedroom
$3,231/month
901 Sq Ft
Three Bedroom
$4,212/month
1,389 Sq Ft

How much has average rent changed in Honolulu, HI?

In the past year, rent has increased by 2%, which averages out to $35 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Honolulu, HI
Last Updated July 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, New Makiki and Nuuanu-Punchbowl are the most affordable neighborhoods in Honolulu.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Manoa
$1,701/month
428 Sq Ft
New Makiki
$1,895/month
531 Sq Ft
Nuuanu-Punchbowl
$1,992/month
690 Sq Ft
Makiki-Lower Punchbowl-Tantalu
$1,995/month
634 Sq Ft
Hickham
$2,021/month
606 Sq Ft
Mccully-Moiliili
$2,033/month
486 Sq Ft
Aliamanu-Salt Lake-Foster Village
$2,085/month
617 Sq Ft
Kalihi-Palama
$2,165/month
631 Sq Ft
Downtown Honolulu
$2,460/month
665 Sq Ft
Ala Wai
$2,697/month
545 Sq Ft

What are the most expensive neighborhoods in Honolulu?

Based on current rent prices, Waikiki, Dewey Beach and Ward Village are the most expensive neighborhoods in Honolulu.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Waikiki
$3,251/month
616 Sq Ft
Dewey Beach
$3,247/month
623 Sq Ft
Ward Village
$3,222/month
584 Sq Ft
Diamond Head-Kapahulu-St Louis
$3,111/month
588 Sq Ft
Ala Moana-Kakaako
$3,101/month
611 Sq Ft
Kakaako
$2,892/month
587 Sq Ft
Ala Wai
$2,697/month
545 Sq Ft
Downtown Honolulu
$2,460/month
665 Sq Ft
Kalihi-Palama
$2,165/month
631 Sq Ft
Aliamanu-Salt Lake-Foster Village
$2,085/month
617 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
$3,251/month
616 Sq Ft
Diamond Head-Kapahulu-St Louis
$3,111/month
588 Sq Ft
Mccully-Moiliili
$2,033/month
486 Sq Ft
Downtown Honolulu
$2,460/month
665 Sq Ft
Ala Moana-Kakaako
$3,101/month
611 Sq Ft
Makiki-Lower Punchbowl-Tantalu
$1,995/month
634 Sq Ft
Dewey Beach
$3,247/month
623 Sq Ft
Manoa
$1,701/month
428 Sq Ft
Nuuanu-Punchbowl
$1,992/month
690 Sq Ft
Kakaako
$2,892/month
587 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 $1,711, you’ll want to make about $5,703 per month or $68,436 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 85.9% higher than the national average. Generally, housing in Honolulu is 206.4% more expensive than the national average, with rent falling between $1,507 - $3,549. You can expect to pay 31.6% more for groceries, 100.1% more for utilities, and 36.0% more for transportation.

City

Honolulu, HI

1,290 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

Waikiki

Honolulu, HI

Studio
$948/month
$1,587/month
One Bedroom
$1,341/month
$2,106/month
Two Bedroom
$1,852/month
$3,653/month
Three Bedroom
-
$5,978/month
Search
Search

Nearby City Rent Trends

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Apartment communities in Honolulu we think you'll love

Lilia Waikiki

Lilia Waikiki

2380 Kuhio Ave,
Honolulu, HI 96815

Studio - 3 Beds | $3,174 - $20,908

Hale Haukani

Hale Haukani

2570 Dole St,
Honolulu, HI 96822

Studio - 2 Beds | $1,708 - $3,416

The Residences at Bishop Place

The Residences at Bishop Place

1132 Bishop St,
Honolulu, HI 96813

1 Bed | $2,500 - $3,100

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.
  • 95

    Communities

  • 11,546

    Units

  • 53

    Cities

6 Communities in Honolulu
Douglas Emmett
Douglas Emmett
  • 11

    Communities

  • 4,264

    Units

  • 4

    Cities

3 Communities in Honolulu
Greystar
Greystar
  • 3,278

    Communities

  • 911,695

    Units

  • 850

    Cities

1 Community in Honolulu
BH
BH
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    Communities

  • 95,593

    Units

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    Cities

1 Community in Honolulu
The Michaels Organization
The Michaels Organization
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    Communities

  • 12,185

    Units

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    Cities

1 Community in Honolulu
Brookfield Properties
Brookfield Properties
  • 62

    Communities

  • 25,383

    Units

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    Cities

1 Community in Honolulu
Indigo Real Estate Services
Indigo Real Estate Services
  • 15

    Communities

  • 3,285

    Units

  • 13

    Cities

1 Community in Honolulu
Rainey Property Management
Rainey Property Management
  • 11

    Communities

  • 2,073

    Units

  • 7

    Cities

1 Community in Honolulu

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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