Average Rent in 96815, Urban Honolulu, HI

Current Versus Historical 96815, Urban Honolulu, HI Rents

96815 rentals average $1,850 for a studio rental to $4,800 for a 4-bedroom rental. The median price of all currently available listings is $2,650, or roughly $4 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $53 (-3.33%) year-over-year from $1,603 to $1,550. 1-bedroom rentals prices have increased by $317 (13.87%) year-over-year from $2,283 to $2,600. 2-bedroom rentals prices have increased by $983 (31.55%) year-over-year from $3,117 to $4,100. 3-bedroom rentals prices have increased by $3,383 (73.29%) year-over-year from $4,617 to $8,000. 4-bedroom rentals prices have decreased by $933 (-16.28%) year-over-year from $5,733 to $4,800. 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 7.46% this month. 1-bedroom rents have gone up by 8.33% this month. 2-bedroom rents have gone up by 21.18% this month. 3-bedroom rents have gone up by 25.75% this month. 4-bedroom rents have gone down by 40.00% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.18	$1,550	$1,603 (-3.33%)	$1,430 (8.42%)
1 BR	$4.33	$2,600	$2,283 (13.87%)	$1,900 (36.84%)
2 BR	$3.44	$4,100	$3,117 (31.55%)	$2,425 (69.07%)
4+ BR	$3.26	$4,800	$5,733 (-16.28%)	$4,857 (-1.18%)

Historical Rents in 96815, Urban Honolulu, HI

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 96815

There are a total of 3 cities nearby 96815. The average rent in 96815 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 96815, Urban Honolulu, HI is East Honolulu, HI. Monthly rents here are on average $5,175 per month.

Let's compare 96815, Urban Honolulu, HI's rent against other top cities nearby by bedroom size. Typically, rent for studios in 96815, Urban Honolulu, HI is 16.22% more expensive than other cities nearby. One bedrooms are about 8.00% more expensive. Two bedrooms in 96815, Urban Honolulu, HI are about 8.57% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near 96815, Urban Honolulu, 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 96815

There are a total of 5 neighborhoods in or near 96815. Some of these neighborhoods include Waikiki, Makakilo - Kapolei - Honokai Hale, and Ewa. We've included all of these top 5 neighborhoods in or near 96815, Urban Honolulu, HI in the following chart.

The average rent for these 5 neighborhoods in or near 96815, Urban Honolulu, HI is currently around $3,500 per month. A total of one neighborhood has a lower average rent. Meaning, only four neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than 96815's average rent, which is only $2,650. Out of all the neighborhoods in or near 96815, 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 96815. 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 96815

There are a total of 5 counties located by 96815, Urban Honolulu, HI. The average rent for rentals in these counties is $2,800. That's roughly around $3 per sqft. The county that is the most affordable is Honolulu, HI. It's average rent per month is $2,800. Vice versa, with an average rent of $2,800, Honolulu, HI is the most expensive county by 96815, Urban Honolulu, HI.

Typically, rent for studios in 96815, Urban Honolulu, HI is 8.11% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 96815, Urban Honolulu, HI is 12.00% more expensive than other counties nearby. Finally, rent for two bedrooms in 96815, Urban Honolulu, HI is 20.00% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Honolulu, HI	$1,700	$2,200	$2,800	$2,800

Top Zipcodes Near 96815

There are a total of 4 zipcodes in or near 96815, Urban Honolulu, HI. The average rent for all of these zipcodes is $3,725.

The following chart includes the top 4 zipcodes in 96815, Urban Honolulu, HI. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
96814, Urban Honolulu, HI	$2,550	$3,500	$4,775	$3,950
96734, Honolulu County, HI	N/A	$2,300	$2,795	$4,500
96707, Honolulu County, HI	N/A	N/A	$3,000	$3,475
96706, Ewa Gentry, HI	$2,300	$2,150	$2,400	$3,500

Frequently Asked Questions - 96815 Average Rents

What is the average rent price in 96815, Urban Honolulu, HI?

The average monthly rental price for 96815, Urban Honolulu, HI apartments for rent is approximately $2,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 96815, Urban Honolulu, 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 96815, Urban Honolulu, HI.

How much is a studio apartment in 96815, Urban Honolulu, HI?

The average monthly rental price for studio apartments is $1,850 and an average price per square feet of $5.18. There are a total of 34 studio apartment listings currently available for rent in 96815.

How much is a one bedroom apartment in 96815, Urban Honolulu, HI?

The average monthly rental price for one bedroom apartments is $2,500 and an average price per square feet of $4.33. There are a total of 67 one bedroom apartment listings currently available for rent in 96815.

How much is a two bedroom apartment in 96815, Urban Honolulu, HI?

The average monthly rental price for two bedroom apartments is $3,500 and an average price per square feet of $3.44. There are a total of 44 two bedroom apartment listings currently available for rent in 96815.

How have rent prices in 96815, Urban Honolulu, HI changed this year?

Rent prices for rentals in 96815, Urban Honolulu, HI can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.32%, and three bedroom rental prices have changed by 0.73% year-over-year.

What is a reasonable rent price in 96815, Urban Honolulu, HI?

A reasonable rent price in 96815, Urban Honolulu, HI is around $2,120/month. You can search for these reasonably priced rental listings on RentHop.