City Report · HI

Waianae

Pop. 12,918·19th most expensive in Hawaii·Rental market data updated monthly for Waianae, HI
Median rent (all units)
$2,185/mo
Year-over-Year
-1.0%
Month-over-Month
-0.5%
vs US Median
+$253
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Waianae · $2,185
More expensive than 69% of US cities · National median $1,932/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Waianae's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,185/mo
Expected by trend
$2,279/mo
The Rent Reality Score compares today's median rent to where Waianae's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,660
1 BR
$1,800
2 BR
$2,360
3 BR
$3,310
4 BR+
$3,960
Fair Market Rent (HUD)
$2,360/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,185 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

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Waianae is 3.8% below its high of $2,271 in November 2025, at $2,185 as of September 2026.

Past year vs. the rest of Hawaii

Rent in Waianae changed -1.0% over the year to September 2026. Across the 15 Hawaii cities Zillow tracks, the typical change was +5.1%.

Recent direction

Rent has fallen 4 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($81,733) is $2,043 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,800); a 2-bedroom is $2,360.

From Zillow's monthly rent index (ZORI) for Waianae. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$26,220/yr
At $2,185/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.0% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Waianae, HI is majority owner-occupied, has a large share of families with children, 13.2% of residents hold a bachelor's degree or higher.

Population
12,918
Median income
$81,733
Median age
37.7
Renters
33.3%
Age distribution
26.8%
19.8%
25.1%
16.4%
Under 1826.8%
18–3419.8%
35–5425.1%
55–6411.9%
65+16.4%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
14.2%
67.2%
White8.5%
Black1%
Hispanic14.2%
Asian9%
Other67.2%
Education (25+)
48.9%
28.5%
13.2%
No HS diploma9.3%
HS diploma48.9%
Some college28.5%
Bachelor's+13.2%
Housing tenure
66.7%
33.3%
Owner66.7%
Renter33.3%

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

2023 vs 2026

How Waianae, HI has changed in 5 years

Rent
$1,895 → $2,185
up 15.3%
Income
$71,681 → $81,733
up 14.0%
Population
14,152 → 12,918
down 8.7%
Renter share
37.5% → 33.3%
-4.2 pts
Bachelor's+
14.4% → 13.2%
-1.2 pts
Median age
34.5 → 37.7
+3.2 yrs

Across the past five years, the going rent in Waianae, HI has shifted from $1,895 to $2,185, up 15.3% since 2023. Local incomes tracked alongside that move, going from a median of $71,681 in 2021 to $81,733 more recently. Census counts show Waianae, HI losing about 1,234 residents over the five-year window, down 8.7% on net. The renter share has eased from 37.5% to 33.3%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Waianae, HI market of 2023.

Community

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

Can you afford rent in Waianae on your salary?

At $2,185/mo, how Waianae rent compares to typical pay (30% rule).

By apartment size

Waianae rent by bedroom count

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

Local insights

Tips for renters in Waianae

About renting in Waianae, HI

Last updated: October 17, 2026

The median rent in Waianae is $2,185/mo as of October 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $2,360/mo. One-bedroom apartments average $1,800/mo and 3-bedroom units go for $3,310/mo.

At 32% of local median household income ($81,733/yr), Waianae ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Waianae?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (about $42/hour full-time) to afford the median rent of $2,185/mo in Waianae. The local median household income is $81,733/yr, so the typical household falls short of that bar.

Is rent going up or down in Waianae?

Rent in Waianae has fallen 1.0% over the past year as of September 2026. It sits 3.8% below its high of $2,271 in November 2025.

How does Waianae rent compare to other cities in Hawaii?

Waianae is one of the more affordable among Hawaii cities for rent, ranking #19 of 21 tracked cities at $2,185/mo. Over the year to September 2026, rent in Waianae changed -1.0%, against a typical +5.1% across the 15 Hawaii cities Zillow tracks.
Income Affordability
32%
MODERATE

At $2,185/mo, rent takes ~32% of Waianae's median household income ($81,733/yr). The standard benchmark is 30%.

Waianae 32%Benchmark 30%
State income tax1.4–11%
Run the Waianae affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Waianae, HI

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