How many apartments are available in Ala Moana on Rentable.co?

Rentable.co has over 240 apartments available near Ala Moana.

What is the average rent for a studio apartment in Ala Moana?

The average rent for a studio apartment near Ala Moana is around $1,650 per month.

What is the average rent for a one-bedroom apartment in Ala Moana?

The average rent for a one-bedroom apartment near Ala Moana is around $1,800 per month.

What is the average rent for a two-bedroom apartment in Ala Moana?

The average rent for a two-bedroom apartment near Ala Moana is around $2,800 per month.

How many apartments are available in Honolulu, HI on Rentable.co?

Rentable.co has over 9,726 apartments available in Honolulu.

What is the average rent for a studio apartment in Honolulu, HI?

The average rent for a <a href='/honolulu-hi/studio-apartments-for-rent' >studio apartment</a> in Honolulu is around $1,600 per month.

What is the average rent for a one-bedroom apartment in Honolulu, HI?

The average rent for a <a href='/honolulu-hi/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Honolulu is around $1,950 per month.

What is the average rent for a two-bedroom apartment in Honolulu, HI?

The average rent for a <a href='/honolulu-hi/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Honolulu is around $2,780 per month.

How expensive is it to rent an apartment in Honolulu, HI?

For a two-bedroom apartment in Honolulu, the average rent price is $2,780 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Honolulu, HI?

Based on average rent prices in Honolulu, to afford a <a href='/honolulu-hi/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $64,000 to live comfortably.

Apartments in Ala Moana Honolulu

Honolulu:
November Rent Report

Welcome to the November 2024 Honolulu Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Honolulu rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Honolulu and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Honolulu average rent prices in the chart below.

Monthly Rent Report

$2,650

$1,990

$1,330

$660

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Honolulu Rent Prices Decrease From October to November

Honolulu rent prices decreased over the last month. From October to November, the city experienced a -1.91% decrease for the price of a one-bedroom apartment. The rent price for a Honolulu one-bedroom apartments currently stands at $1,793.0.

When we take a look at the two-bedroom comparison from October to November, Honolulu experienced a 0.78% increase for the price of a two-bedroom apartment. The rent price for a Honolulu two-bedroom apartments currently stands at $2,578.0.

November Prices: Honolulu vs. Surrounding Areas

Kaneohe, HI

Kailua, HI

Aiea, HI

Ewa Beach, HI

Waipahu, HI

Honolulu, HI

Waianae, HI

Wahiawa, HI

$2,166

$2,145

$2,041

$1,976

$1,889

$1,828

$1,675

$1,486

$750

$1,500

$2,250

$3,000

Median 1 BR Rent

Rent Prices in Honolulu and Surrounding Areas

Rent prices have decreased in Honolulu over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Honolulu suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Waianae, HI, Ewa Beach, HI .
Rent decreased in Waipahu, HI, Kailua, HI, Aiea, HI, Kaneohe, HI, Wahiawa, HI.
5 suburbs are currently priced higher than the city of Honolulu.
2 suburbs are currently priced lower than the city of Honolulu.

November 2024 Pricing Trends: Honolulu vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Honolulu, HI

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,828

$1,338

$1,246

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

Honolulu Rent Prices More Affordable Than Major Cities

Rent growth in Honolulu over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Honolulu average rent prices appear to be relatively affordable for local residents.

The price for a Honolulu one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Honolulu and surrounding area rent prices, take a look at the complete data set below.

Data set for Honolulu and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Honolulu, HI	$1,828.0	-1.51%	$2,558.0	2.40%
Waipahu, HI	$1,889.0	-1.51%	$2,304.0	3.00%
Kailua, HI	$2,145.0	-10.74%	$2,901.0	0.66%
Waianae, HI	$1,675.0	2.64%	$2,000.0	-2.25%
Ewa Beach, HI	$1,976.0	0.71%	$2,523.0	1.57%
Aiea, HI	$2,041.0	-1.97%	$2,317.0	-0.22%
Kaneohe, HI	$2,166.0	-0.32%	$2,492.0	1.30%
Wahiawa, HI	$1,486.0	-2.62%	$1,990.0	1.90%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.