Average Rent in Urban Honolulu, HI

Current Versus Historical Urban Honolulu, HI Rents

Urban Honolulu rentals average $1,750 for a studio rental to $7,450 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $4 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $167 (10.87%) year-over-year from $1,533 to $1,700. 1-bedroom rentals prices have increased by $150 (8.11%) year-over-year from $1,850 to $2,000. 2-bedroom rentals prices have increased by $417 (17.12%) year-over-year from $2,433 to $2,850. 3-bedroom rentals prices have increased by $467 (14.66%) year-over-year from $3,183 to $3,650. 4-bedroom rentals prices have increased by $452 (8.95%) year-over-year from $5,048 to $5,500. 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 3.66% this month. 1-bedroom rents have gone up by 3.54% this month. 2-bedroom rents have gone up by 9.27% this month. 3-bedroom rents have gone up by 12.31% this month. 4-bedroom rents have gone up by 26.10% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.79	$1,700	$1,533 (10.87%)	$1,371 (24.04%)
1 BR	$3.97	$2,000	$1,850 (8.11%)	$1,458 (37.14%)
2 BR	$3.44	$2,850	$2,433 (17.12%)	$1,998 (42.62%)
3 BR	$2.93	$3,650	$3,183 (14.66%)	$2,865 (27.40%)
4+ BR	$3.11	$5,500	$5,048 (8.95%)	$5,450 (0.92%)

Historical Rents in Urban Honolulu, HI

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Urban Honolulu

There are a total of 2 cities nearby Urban Honolulu. The average rent in Urban Honolulu is currently $5,075 per month. Our records show that Kailua, HI, with an average rent of $4,500, is the most affordable city nearby. In contrast, the most expensive city near Urban Honolulu, HI is East Honolulu, HI. Monthly rents here are on average $5,650 per month.

Let's compare Urban Honolulu, HI's rent against other top cities nearby by bedroom size. Typically, rent for studios in Urban Honolulu, HI is 52.14% more expensive than other cities nearby. One bedrooms are about 2.72% more affordable. Two bedrooms in Urban Honolulu, HI are about 12.21% more affordable. Finally, rent for three bedrooms are about 36.24% more affordable. Want more information? Check out the top 2 cities near Urban Honolulu, HI in the following chart.

City	Studio	1 Bed	2 Bed	All
Kailua, HI	N/A	$2,300	$2,848	$4,500
East Honolulu, HI	$1,675	$2,425	$3,998	$5,650

Top Neighborhoods Near Urban Honolulu

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

The average rent for these 5 neighborhoods in or near Urban Honolulu, HI is currently around $3,600 per month. A total of one neighborhood has a lower average rent. Meaning, only four neighborhoods have a higher average rent than $3,600. Interestingly, the neighborhoods' average rent is higher than Urban Honolulu's average rent, which is only $2,600. Out of all the neighborhoods in or near Urban Honolulu, Waikiki has the most affordable average rent at $2,598 per month. Whereas, at $4,500 average rent per month, Kailua is the most expensive neighborhood in or near Urban Honolulu. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Waikiki, Urban Honolulu, HI	$1,900	$2,500	$3,300	$2,598
Ewa, Honolulu County, HI	N/A	$1,675	$2,400	$3,500
Makakilo - Kapolei - Honokai Hale, Makakilo, HI	N/A	N/A	$3,000	$3,600
Ala Moana - Kakaako, Urban Honolulu, HI	$2,600	$3,350	$4,800	$3,800
Kailua, Honolulu County, HI	N/A	$2,300	$2,848	$4,500

Top Counties Near Urban Honolulu

There are a total of 5 counties located by 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 Urban Honolulu, HI.

Typically, rent for studios in Urban Honolulu, HI is 2.86% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Urban Honolulu, HI is 4.35% more expensive than other counties nearby. Finally, rent for two bedrooms in Urban Honolulu, HI is 9.10% 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	$2,773	$2,800

Top Zipcodes Near Urban Honolulu

There are a total of 6 zipcodes in or near Urban Honolulu, HI. The average rent for all of these zipcodes is $3,550.

The following chart includes the top 6 zipcodes in Urban 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	$1,900	$2,500	$3,450	$2,650
96814, Urban Honolulu, HI	$2,575	$3,550	$4,800	$3,900
96734, Honolulu County, HI	N/A	$2,300	$2,848	$4,500
96707, Honolulu County, HI	N/A	N/A	$3,000	$3,600
96706, Ewa Gentry, HI	N/A	$1,675	$2,400	$3,500
96826, Urban Honolulu, HI	$1,425	$1,700	$2,150	$1,850

Frequently Asked Questions - Urban Honolulu Average Rents

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

The average monthly rental price for Urban Honolulu, HI apartments for rent is approximately $2,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Urban Honolulu, HI.

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

The average monthly rental price for studio apartments is $1,750 and an average price per square feet of $4.79. There are a total of 71 studio apartment listings currently available for rent in Urban Honolulu.

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

The average monthly rental price for one bedroom apartments is $2,300 and an average price per square feet of $3.97. There are a total of 200 one bedroom apartment listings currently available for rent in Urban Honolulu.

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

The average monthly rental price for two bedroom apartments is $3,050 and an average price per square feet of $3.44. There are a total of 146 two bedroom apartment listings currently available for rent in Urban Honolulu.

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

Rent prices for rentals in Urban Honolulu, HI can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by 0.15% year-over-year.

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

A reasonable rent price in Urban Honolulu, HI is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.