ZIP 96734
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 96734 usually run 1.2% below trend in December and 1.3% above it in May, about $94 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 96734 is at its highest level since Zillow's records here began in December 2015.
Rent in ZIP 96734 changed +6.5% over the year to September 2026. Across the 23 Hawaii ZIP codes Zillow tracks, the typical change was +5.3%.
From 2019 to 2024, rent in ZIP 96734 rose 32.8% while median household income rose 29.9% ($102,242 to $132,782). Rent outpaced income.
Rent in ZIP 96734 is 47.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($132,782) is $3,320 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,760); a 2-bedroom is $3,610.
ZIP 96817, 5 miles away, rents for 33% less ($2,519/mo), about $14,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 96734. 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.
Who lives here
ZIP 96734 (Kailua, HI) is majority owner-occupied, has a median income above the national average, 54.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 96734 in Kailua, HI has changed in 5 years
Across the past five years, the going rent in ZIP 96734 in Kailua, HI has shifted from $2,654 to $3,753, up 41.4% since 2021. Census figures show median household income at $132,782 today, compared with $117,546 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 96734 in Kailua, HI losing about 1,949 residents over the five-year window, down 3.7% on net. Bachelor's-degree-or-higher attainment moved from 48.1% to 54.2% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 96734
Last updated: October 17, 2026
ZIP code 96734 covers Kailua, HI. The median rent here is $3,753/mo as of October 2026. A 1-bedroom rents for a median of $2,760/mo. A 2-bedroom rents for a median of $3,610/mo.
At 34% of local median household income ($132,782/yr), ZIP 96734 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.
Frequently asked questions
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How does ZIP 96734 compare to other ZIPs in Hawaii?
How does ZIP 96734 compare to the rest of Kailua?
At $3,753/mo, rent takes ~34% of ZIP 96734's median household income ($132,782/yr). The standard benchmark is 30%.
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