Average Rent in Honolulu, HI

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Current Versus Historical Honolulu, HI Rents

Honolulu rentals average $1,445 for a studio rental to $5,498 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $42 per square feet.
For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have decreased by $134 (-9.39%) year-over-year from $1,429 to $1,295. 1-bedroom rentals prices have increased by $153 (8.80%) year-over-year from $1,742 to $1,895. 2-bedroom rentals prices have increased by $738 (31.22%) year-over-year from $2,363 to $3,100. 3-bedroom rentals prices have decreased by $518 (-10.77%) year-over-year from $4,813 to $4,295. 4-bedroom rentals prices have increased by $225 (4.71%) year-over-year from $4,775 to $5,000. 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 7.72% this month. 1-bedroom rents have gone up by 4.60% this month. 2-bedroom rents have gone up by 14.96% this month. 3-bedroom rents have gone up by 6.20% this month. 4-bedroom rents have gone down by 15.22% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $64.00 $1,295 $1,429 (-9.39%) $1,628 (-20.47%)
1 BR $44.91 $1,895 $1,742 (8.80%) $1,833 (3.36%)
2 BR $39.40 $3,100 $2,363 (31.22%) $2,408 (28.72%)
3 BR $39.77 $4,295 $4,813 (-10.77%) $3,300 (30.15%)
4+ BR $28.52 $5,000 $4,775 (4.71%) $4,100 (21.95%)

Historical Rents in Honolulu, HI

Studio
1 Bed
2 Bed
3 Bed
4 Bed

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Neighborhood Studio 1 Bed 2 Bed All

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Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Honolulu Average Rents

What is the average rent price in Honolulu, HI?
The average monthly rental price for Honolulu, HI apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Honolulu, HI.
How much is a studio apartment in Honolulu, HI?
The average monthly rental price for studio apartments is $1,445 and an average price per square feet of $64.00. There are a total of 5 studio apartment listings currently available for rent in Honolulu.
How much is a one bedroom apartment in Honolulu, HI?
The average monthly rental price for one bedroom apartments is $1,895 and an average price per square feet of $44.91. There are a total of 25 one bedroom apartment listings currently available for rent in Honolulu.
How much is a two bedroom apartment in Honolulu, HI?
The average monthly rental price for two bedroom apartments is $3,098 and an average price per square feet of $39.40. There are a total of 18 two bedroom apartment listings currently available for rent in Honolulu.
How have rent prices in Honolulu, HI changed this year?
Rent prices for rentals in Honolulu, HI can fluctuate yearly. Specifically, studio rental prices have changed by -0.09%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.31%, three bedroom rental prices have changed by -0.11% year-over-year.
What is a reasonable rent price in Honolulu, HI?
A reasonable rent price in Honolulu, HI is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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