Average Rent in Honolulu, HI

Honolulu rentals average $1,795 for a 1-bedroom rental to $5,995 for a 4-bedroom rental. The median price of all currently available listings is $2,795, or roughly $48 per square feet.

For the apartment units and housing in August 2026, median rents have fallen over the last year. Studio rentals prices have decreased by $119 (-7.38%) year-over-year from $1,614 to $1,495. 1-bedroom rentals prices have decreased by $142 (-7.93%) year-over-year from $1,787 to $1,645. 2-bedroom rentals prices have decreased by $180 (-7.58%) year-over-year from $2,375 to $2,195. 3-bedroom rentals prices have decreased by $71 (-1.55%) year-over-year from $4,566 to $4,495. 4-bedroom rentals prices have increased by $714 (13.52%) year-over-year from $5,281 to $5,995. 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 3.34% this month. 1-bedroom rents have gone down by 4.36% this month. 2-bedroom rents have gone down by 17.01% this month. 3-bedroom rents have gone down by 0.02% this month. 4-bedroom rents have gone down by 4.80% this month.