ZIP Code · HI

ZIP 96701

Part of Aiea, HI

Pop. 39,200·Honolulu County·19th most expensive ZIP in Hawaii

Median rent (all units)

$2,803/mo

Year-over-Year

+1.4%

Month-over-Month

-1.2%

vs US Median

+$871

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 96701 · $2,803

More expensive than 87% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,750

1 BR

$1,880

2 BR

$2,460

3 BR

$3,420

4 BR+

$4,130

Research median

$2,460/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 96701 usually run 1.1% below trend in January and 1% above it in October, about $59 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 96701 is 1.2% below its high of $2,837 in August 2026, at $2,803 as of September 2026.

Past year vs. the rest of Hawaii

Rent in ZIP 96701 changed +1.4% over the year to September 2026. Across the 23 Hawaii ZIP codes Zillow tracks, the typical change was +5.3%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($111,173) is $2,779 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,460); a 3-bedroom is $3,420.

Cheaper nearby

ZIP 96782, 3 miles away, rents for 14% less ($2,422/mo), about $4,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 96701. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$33,636/yr

At $2,803/mo median

Location

CityAiea

StateHI

CountyHonolulu County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.4% YoY, -1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 96701 (Aiea, HI) is majority owner-occupied, has a large retiree population, has a median income above the national average, 39.8% of residents hold a bachelor's degree or higher.

Population

39,200

Median income

$111,173

Median age

45.7

Renters

30.3%

Age distribution

15.8%

21.5%

23.9%

12.8%

25.9%

Under 1815.8%

18–3421.5%

35–5423.9%

55–6412.8%

65+25.9%

Gender

50.2%

49.8%

Male50.2%

Female49.8%

Race & ethnicity

56%

23.3%

White11.2%

Black1.7%

Hispanic7.9%

Asian56%

Other23.3%

Education (25+)

24%

30%

39.8%

No HS diploma6.2%

HS diploma24%

Some college30%

Bachelor's+39.8%

Housing tenure

69.7%

30.3%

Owner69.7%

Renter30.3%

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

2022 vs 2026

How ZIP 96701 in Aiea, HI has changed in 5 years

Rent

$2,248 → $2,803

up 24.7%

Income

$101,728 → $111,173

up 9.3%

Population

41,818 → 39,200

down 6.3%

Renter share

31.7% → 30.3%

-1.4 pts

Bachelor's+

37.2% → 39.8%

+2.6 pts

Median age

43 → 45.7

+2.7 yrs

Since 2022, the typical rent in ZIP 96701 in Aiea, HI has climbed from $2,248 to $2,803, a 24.7% change over five years. Census figures show median household income at $111,173 today, compared with $101,728 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 6.3% since 2021, moving from about 41,818 residents to roughly 39,200. College-educated residents now make up 39.8% of adults here, versus 37.2% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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About renting in ZIP 96701

Last updated: October 17, 2026

ZIP code 96701 covers Aiea, HI. The median rent here is $2,803/mo as of October 2026. A 1-bedroom rents for a median of $1,880/mo. A 2-bedroom rents for a median of $2,460/mo.

At 30% of local median household income ($111,173/yr), ZIP 96701 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 96701?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (about $54/hour full-time) to afford the median rent of $2,803/mo in ZIP 96701. The local median household income is $111,173/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 96701?

Rent in ZIP 96701 has risen 1.4% over the past year as of September 2026. It sits 1.2% below its high of $2,837 in August 2026.

When is the cheapest time to rent in ZIP 96701?

Asking rents in ZIP 96701 are usually lowest in January, about 1.1% below their yearly trend, and highest in October, about 1% above it. At today's median that is a gap of roughly $59 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 96701 compare to other ZIPs in Hawaii?

ZIP 96701 is in the middle among Hawaii ZIP codes for rent, ranking #19 of 30 at $2,803/mo. Over the year to September 2026, rent in ZIP 96701 changed +1.4%, against a typical +5.3% across the 23 Hawaii ZIP codes Zillow tracks.