Apartments in Diamond Head Honolulu

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17
$2,850
1820 Kaioo Dr Honolulu, HI
2 BR | Available Now
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1
$5,500
1548 Halekoa Dr Honolulu, HI
4 BR | Dec. 6, 2024
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0
$2,745
1778 Ala Moana Blvd #3013 Honolulu, HI
1 BR | Available Now
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Fitness Center
Pool
15
$1,965
333 Hobron Lane Honolulu, HI
1 BR | Available Now
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21
$3,950
Honolulu, HI
2 BR | Available Now
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Pool
1
$2,750
411 Hobron Ln #912 Honolulu, HI
1 BR | Nov. 25, 2024
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0
$2,700
400 Hobron Ln Honolulu, HI
1 BR | Available Now
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Dishwasher
11
$1,500
400 Hobron Ln #2204 Honolulu, HI
Studio | Ask for Availability
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0
$2,000
1765 Ala Moana Blvd Honolulu, HI
Studio | Available Now
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0
$2,800
1765 Ala Moana Blvd #1694 Honolulu, HI
1 BR | Available Now
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0
$2,000
1765 Ala Moana Blvd Honolulu, HI
Studio | Available Now
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26
$3,100
Honolulu, HI
1 BR | Dec. 4, 2024
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Air Conditioning
Balcony/Deck/Patio
Dishwasher
21
$4,000
Honolulu, HI
3 BR | Available Now
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Storage
20
$1,700
Honolulu, HI
1 BR | Available Now
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Air Conditioning
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29
$4,250
1636 Halekoa Pl Honolulu, HI
3 BR | Available Now
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Disability Access
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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
$0
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
$0
$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
$0
$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.