City Report · HI

Honolulu

·16th most expensive in Hawaii·One of the pricier rental markets in the US
Median rent (all units)
$2,715/mo
Year-over-Year
+4.5%
Month-over-Month
+0.3%
vs US Median
+$783
Reported rents
Stable (Monthly)
Be the first to discuss Honolulu rents ↓
Most AffordableMost Expensive
Honolulu · $2,715
More expensive than 85% of US cities · National median $1,932/mo
Rent Reality Score
41/100
Fairly priced
OverheatedFairGreat value

Rents are 5% above what Honolulu's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,715/mo
Expected by trend
$2,596/mo
The Rent Reality Score compares today's median rent to where Honolulu's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,953
1 BR
$2,122
2 BR
$2,780
3 BR
$3,896
4 BR+
$4,669
Fair Market Rent (HUD)
$2,780/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,715 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Honolulu is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Hawaii

Rent in Honolulu changed +4.5% over the year to September 2026. Across the 15 Hawaii cities Zillow tracks, the typical change was +5.1%.

Since before the pandemic

Rent in Honolulu is 33.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 19 months in a row, and rose in 12 of the last 12 months.

Spread across ZIP codes

The priciest of 10 ZIP codes in Honolulu, 96825 ($3,897/mo), costs 1.9 times the cheapest, 96822 ($2,105/mo).

Cheaper nearby

Pearl City, 10 miles away, rents for 11% less ($2,422/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Honolulu.

Annual cost
$32,580/yr
At $2,715/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.5% YoY, +0.3% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

2021 vs 2026

How Honolulu, HI has changed in 5 years

Rent
$2,075 → $2,715
up 30.8%

Across the past five years, the going rent in Honolulu, HI has shifted from $2,075 to $2,715, up 30.8% since 2021. Reading these numbers side by side helps frame whether current listings in Honolulu, HI look reasonable against where the market sat half a decade ago.

Community

Discussions about Honolulu

No discussions yet. Start the conversation.

View Honolulu rent history (2015–2026) →
Salary vs rent

Can you afford rent in Honolulu on your salary?

At $2,715/mo, how Honolulu rent compares to typical pay (30% rule).

By apartment size

Honolulu rent by bedroom count

Median rent for each apartment size in Honolulu. Click any size for full breakdown.

Local insights

Tips for renters in Honolulu

About renting in Honolulu, HI

Last updated: October 17, 2026

The median rent in Honolulu is $2,715/mo as of October 2026. A studio apartment averages $1,953/mo while a 2-bedroom runs $2,780/mo. One-bedroom apartments average $2,122/mo and 3-bedroom units go for $3,896/mo.

At 45% of estimated US median household income ($72,000/yr), Honolulu ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Honolulu?

To keep rent at or below 30% of gross income, you would need to earn at least $109,000/year (about $52/hour full-time) to afford the median rent of $2,715/mo in Honolulu.

Is rent going up or down in Honolulu?

Rent in Honolulu has risen 4.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

Which Honolulu neighborhoods have the lowest rent?

The most affordable ZIP codes in Honolulu are 96822 ($2,105/mo), 96826 ($2,184/mo), and 96819 ($2,517/mo). Citywide, the median rent is $2,715/mo.

How does Honolulu rent compare to other cities in Hawaii?

Honolulu is one of the more affordable among Hawaii cities for rent, ranking #16 of 21 tracked cities at $2,715/mo. Over the year to September 2026, rent in Honolulu changed +4.5%, against a typical +5.1% across the 15 Hawaii cities Zillow tracks.

Which nearby cities are cheaper to rent in than Honolulu?

Nearby cities with lower median rent than Honolulu ($2,715/mo) include Pearl City ($2,422/mo).
Income Affordability
45%
STRETCHED

At $2,715/mo, rent takes ~45% of US median household income ($72,000/yr). The standard benchmark is 30%.

Honolulu 45%Benchmark 30%
State income tax1.4–11%
Run the Honolulu affordability calculator →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Honolulu, HI

Recent submissions

Be the first to submit your rent for Honolulu.

Recent discussions

No discussions yet.