City Report · HI

Kaneohe

Pop. 37,355·7th most expensive in Hawaii·Kaneohe rents are up 22.9% over the past year
Median rent (all units)
$3,558/mo
Year-over-Year
+22.9%
Month-over-Month
+3.2%
vs US Median
+$1,593
Rising (Monthly)
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Most AffordableMost Expensive
Kaneohe · $3,558
More expensive than 96% of US cities · National median $1,965/mo
Rent Reality Score
24/100
Overpriced
OverheatedFairGreat value

Rents are 13% above what Kaneohe's 10-year trend predicts — running hotter than its own history.

Actual rent
$3,558/mo
Expected by trend
$3,150/mo
The Rent Reality Score compares today's median rent to where Kaneohe's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,000
1 BR
$2,180
2 BR
$2,850
3 BR
$3,990
4 BR+
$4,790
Research median
$2,850/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$42,696/yr
At $3,558/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 22.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+22.9% YoY, +3.2% MoM), not inventory.
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Demographics

Who lives here

Kaneohe, HI is majority owner-occupied, has a large retiree population, has a median income above the national average, 37.1% of residents hold a bachelor's degree or higher.

Population
37,355
Median income
$125,613
Median age
44.4
Renters
23.6%
Age distribution
17.9%
19.4%
23.1%
13.9%
25.7%
Under 1817.9%
18–3419.4%
35–5423.1%
55–6413.9%
65+25.7%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
15.2%
38%
35.3%
White15.2%
Black0.7%
Hispanic10.8%
Asian38%
Other35.3%
Education (25+)
28.8%
29.3%
37.1%
No HS diploma4.8%
HS diploma28.8%
Some college29.3%
Bachelor's+37.1%
Housing tenure
76.4%
23.6%
Owner76.4%
Renter23.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Kaneohe, HI has changed in 5 years

Rent
$2,398 → $3,558
up 48.4%
Income
$118,770 → $125,613
up 5.8%
Population
34,509 → 37,355
up 8.2%
Renter share
25.9% → 23.6%
-2.3 pts
Bachelor's+
36.6% → 37.1%
+0.5 pts

Compared with 2021, rent in Kaneohe, HI has increased by $1,160 per month, settling near $3,558 after starting the period at $2,398. Median household income grew from $118,770 to $125,613 between 2021 and 2024, a 5.8% shift. Rent outpaced income growth by roughly 42.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 34,509 to 37,355 between 2021 and 2024, a 8.2% change. About 23.6% of households rent today, against 25.9% in 2021. Taken together, the five-year picture in Kaneohe, HI reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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

Can you afford rent in Kaneohe on your salary?

At $3,558/mo, how Kaneohe rent compares to typical pay (30% rule).

By apartment size

Kaneohe rent by bedroom count

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

Local insights

Tips for renters in Kaneohe

About renting in Kaneohe, HI

Last updated: July 20, 2026

The median rent in Kaneohe is $3,558/mo as of July 2026. A studio apartment averages $2,000/mo while a 2-bedroom runs $2,850/mo. One-bedroom apartments average $2,180/mo and 3-bedroom units go for $3,990/mo.

At 34% of local median household income ($125,613/yr), Kaneohe ranks as moderate compared to the national benchmark of 30%. Rents have increased 22.9% over the past year.

FAQ

Frequently asked questions

Is Kaneohe an affordable city for renters?

Kaneohe is considered moderate for renters. At $3,558/mo, rent takes approximately 34% of the local median household income ($125,613/yr). The standard benchmark is 30%. Kaneohe slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Kaneohe?

To keep rent at or below 30% of gross income, you would need to earn at least $142,000/year (~$68/hour full-time) to afford the median rent of $3,558/mo in Kaneohe. The local median household income is $125,613/yr, meaning the typical Kaneohe household falls short of that threshold.

Is rent going up or down in Kaneohe?

Rent in Kaneohe has increased 22.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Kaneohe rent compare to other cities in Hawaii?

Kaneohe is one of the pricier cities in Hawaii for rent, ranking #7 out of 21 tracked cities at $3,558/mo.

Which nearby cities are cheaper to rent in than Kaneohe?

Several nearby cities have lower median rents than Kaneohe ($3,558/mo): Pearl City ($2,599/mo), Honolulu ($2,660/mo), Aiea ($2,718/mo).

What percentage of Kaneohe residents rent vs. own?

According to Census data, approximately 23.6% of Kaneohe households are renters, while 76.4% are owner-occupied. Kaneohe leans toward homeownership, which can mean a smaller rental inventory.

How does Kaneohe rent compare to the national average?

Kaneohe's median rent of $3,558/mo is $1,593 (81%) above the US national median of $1,965/mo. Within Hawaii, it ranks #7 out of 21 tracked cities.
Income Affordability
34%
MODERATE

At $3,558/mo, rent takes ~34% of Kaneohe's median household income ($125,613/yr). The standard benchmark is 30%.

Kaneohe 34%Benchmark 30%
State income tax1.4–11%
Run the Kaneohe affordability calculator →
Lowest-rent ZIP codes in Kaneohe
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Kaneohe, HI

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