Average Rent in East Honolulu, HI

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Current Versus Historical East Honolulu, HI Rents

East Honolulu rentals average $1,550 for a studio rental to $12,000 for a 4-bedroom rental. The median price of all currently available listings is $5,175, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $4,233 (-73.84%) year-over-year from $5,733 to $1,500. 1-bedroom rentals prices have increased by $18 (0.75%) year-over-year from $2,432 to $2,450. 2-bedroom rentals prices have increased by $1,775 (53.79%) year-over-year from $3,300 to $5,075. 3-bedroom rentals prices have increased by $942 (22.38%) year-over-year from $4,208 to $5,150. 4-bedroom rentals prices have decreased by $1,167 (-17.77%) year-over-year from $6,567 to $5,400. 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 up by 1.12% this month. 1-bedroom rents have gone down by 5.74% this month. 2-bedroom rents have gone up by 25.57% this month. 3-bedroom rents have gone up by 10.95% this month. 4-bedroom rents have gone down by 25.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.43 $1,500 $5,733 (-73.84%) $1,723 (-12.95%)
1 BR $3.43 $2,450 $2,432 (0.75%) $2,432 (0.75%)
2 BR $3.33 $5,075 $3,300 (53.79%) $2,667 (90.31%)
3 BR $3.22 $5,150 $4,208 (22.38%) $3,558 (44.73%)
4+ BR $4.21 $5,400 $6,567 (-17.77%) $5,550 (-2.70%)

Historical Rents in East Honolulu, HI

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near East Honolulu

There are a total of 2 cities nearby East Honolulu. The average rent in East Honolulu is currently $3,550 per month. A total of 2 cities nearby have 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 East Honolulu, HI is Kailua, HI. Monthly rents here are on average $4,500 per month.

Let's compare East Honolulu, HI's rent against other top cities nearby by bedroom size. Typically, rent for studios in East Honolulu, HI is 45.16% more expensive than other cities nearby. One bedrooms are about 6.12% more expensive. Two bedrooms in East Honolulu, HI are about 33.39% more expensive. Finally, rent for three bedrooms are about 30.51% more expensive. Want more information? Check out the top 2 cities near East 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

Top Neighborhoods Near East Honolulu

There are a total of 3 neighborhoods in or near East Honolulu. Some of these neighborhoods include Waikiki, Ala Moana - Kakaako, and Kailua. We've included all of these top 3 neighborhoods in or near East Honolulu, HI in the following chart.

The average rent for these 3 neighborhoods in or near East Honolulu, HI is currently around $3,800 per month. A total of 3 neighborhoods have a lower average rent. Out of all the neighborhoods in or near East Honolulu, 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 East Honolulu. 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
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 East Honolulu

There are a total of 3 counties located by East Honolulu, HI.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near East Honolulu

There are a total of 3 zipcodes in or near East Honolulu, HI. The average rent for all of these zipcodes is $3,950. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 96815, Urban Honolulu, HI at $2,650 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 96734, Honolulu County, HI.

Studios in these zipcodes have an average rent of $1,850. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near East Honolulu, HI is $2,500 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in East Honolulu, 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

Frequently Asked Questions - East Honolulu Average Rents

What is the average rent price in East Honolulu, HI?
The average monthly rental price for East Honolulu, HI apartments for rent is approximately $5,175. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do East 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 East Honolulu, HI.
How much is a studio apartment in East Honolulu, HI?
The average monthly rental price for studio apartments is $1,550 and an average price per square feet of $4.43. There are a total of 3 studio apartment listings currently available for rent in East Honolulu.
How much is a one bedroom apartment in East Honolulu, HI?
The average monthly rental price for one bedroom apartments is $2,450 and an average price per square feet of $3.43. There are a total of 5 one bedroom apartment listings currently available for rent in East Honolulu.
How much is a two bedroom apartment in East Honolulu, HI?
The average monthly rental price for two bedroom apartments is $4,500 and an average price per square feet of $3.33. There are a total of 21 two bedroom apartment listings currently available for rent in East Honolulu.
How have rent prices in East Honolulu, HI changed this year?
Rent prices for rentals in East Honolulu, HI can fluctuate yearly. Specifically, studio rental prices have changed by -0.74%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.54%, and three bedroom rental prices have changed by 0.22% year-over-year.
What is a reasonable rent price in East Honolulu, HI?
A reasonable rent price in East Honolulu, HI is around $4,140/month. You can search for these reasonably priced rental listings on RentHop.
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