Average Rent in 96707, Honolulu County, HI

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Current Versus Historical 96707, Honolulu County, HI Rents

96707 rentals average $0 for a 1-bedroom rental to $3,525 for a 4-bedroom rental. The median price of all currently available listings is $3,475, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $2,978 (-75.81%) year-over-year from $3,928 to $950. 1-bedroom rentals prices have increased by $150 (9.23%) year-over-year from $1,625 to $1,775. 2-bedroom rentals prices have increased by $634 (23.35%) year-over-year from $2,716 to $3,350. 3-bedroom rentals prices have increased by $458 (14.14%) year-over-year from $3,242 to $3,700. 4-bedroom rentals prices have decreased by $817 (-21.40%) year-over-year from $3,817 to $3,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 3.40% this month. 2-bedroom rents have gone up by 14.86% this month. 3-bedroom rents have gone up by 3.26% this month. 4-bedroom rents have gone down by 14.06% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $3.12 $3,350 $2,716 (23.35%) $2,271 (47.52%)
3 BR $2.85 $3,700 $3,242 (14.14%) $3,100 (19.35%)
4+ BR $2.54 $3,000 $3,817 (-21.40%) $3,583 (-16.28%)

Historical Rents in 96707, Honolulu County, HI

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 96707

There are a total of 3 cities nearby 96707. The average rent in 96707 is currently $4,500 per month. Only one city nearby has an average rent lower than that. Our records show that Urban Honolulu, HI, with an average rent of $2,600, is the most affordable city nearby. In contrast, the most expensive city near 96707, Honolulu County, HI is East Honolulu, HI. Monthly rents here are on average $5,175 per month.

Let's compare 96707, Honolulu County, HI's rent against other top cities nearby by bedroom size. Typically, rent for studios in 96707, Honolulu County, HI is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 96707, Honolulu County, HI are about 6.67% more affordable. Finally, rent for three bedrooms are about 15.79% more affordable. Want more information? Check out the top 3 cities near 96707, Honolulu County, HI in the following chart.
City Studio 1 Bed 2 Bed All
Urban Honolulu, HI $1,700 $2,300 $3,200 $2,600
Kailua, HI N/A $2,300 $2,795 $4,500
East Honolulu, HI $1,550 $2,450 $4,500 $5,175

Top Neighborhoods Near 96707

There are a total of 5 neighborhoods in or near 96707. Some of these neighborhoods include Waikiki, Makakilo - Kapolei - Honokai Hale, and Ewa. We've included all of these top 5 neighborhoods in or near 96707, Honolulu County, HI in the following chart.

The average rent for these 5 neighborhoods in or near 96707, Honolulu County, HI is currently around $3,500 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than 96707's average rent, which is only $3,475. Out of all the neighborhoods in or near 96707, Waikiki has the most affordable average rent at $2,548 per month. Whereas, at $4,500 average rent per month, Kailua is the most expensive neighborhood in or near 96707. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Waikiki, Urban Honolulu, HI $1,850 $2,500 $3,450 $2,548
Makakilo - Kapolei - Honokai Hale, Makakilo, HI N/A N/A $3,000 $3,475
Ewa, Honolulu County, HI $2,300 $2,150 $2,400 $3,500
Ala Moana - Kakaako, Urban Honolulu, HI $2,550 $3,300 $4,750 $3,800
Kailua, Honolulu County, HI N/A $2,300 $2,795 $4,500

Top Counties Near 96707

There are a total of 5 counties located by 96707, Honolulu County, HI. The average rent for rentals in these counties is $2,675. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Hawaii, HI. It's average rent per month is $2,550. Vice versa, with an average rent of $2,800, Honolulu, HI is the most expensive county by 96707, Honolulu County, HI.

Typically, rent for studios in 96707, Honolulu County, HI is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 96707, Honolulu County, HI is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 96707, Honolulu County, HI is 8.33% more expensive than other counties nearby. We've listed the top 2 counties in the chart below.
County Studio 1 Bed 2 Bed All
Hawaii, HI $1,775 $2,050 $2,700 $2,550
Honolulu, HI $1,700 $2,200 $2,800 $2,800

Top Zipcodes Near 96707

There are a total of 4 zipcodes in or near 96707, Honolulu County, HI. The average rent for all of these zipcodes is $3,725.

The following chart includes the top 4 zipcodes in 96707, Honolulu County, HI. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
96815, Urban Honolulu, HI $1,850 $2,500 $3,500 $2,650
96814, Urban Honolulu, HI $2,550 $3,500 $4,775 $3,950
96734, Honolulu County, HI N/A $2,300 $2,795 $4,500
96706, Ewa Gentry, HI $2,300 $2,150 $2,400 $3,500

Frequently Asked Questions - 96707 Average Rents

What is the average rent price in 96707, Honolulu County, HI?
The average monthly rental price for 96707, Honolulu County, HI apartments for rent is approximately $3,475. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 96707, Honolulu County, HI rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 96707, Honolulu County, HI.
How much is a studio apartment in 96707, Honolulu County, HI?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 96707.
How much is a one bedroom apartment in 96707, Honolulu County, HI?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in 96707.
How much is a two bedroom apartment in 96707, Honolulu County, HI?
The average monthly rental price for two bedroom apartments is $3,000 and an average price per square feet of $3.12. There are a total of 21 two bedroom apartment listings currently available for rent in 96707.
How have rent prices in 96707, Honolulu County, HI changed this year?
Rent prices for rentals in 96707, Honolulu County, HI can fluctuate yearly. Specifically, studio rental prices have changed by -0.76%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.23%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in 96707, Honolulu County, HI?
A reasonable rent price in 96707, Honolulu County, HI is around $2,780/month. You can search for these reasonably priced rental listings on RentHop.
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