Apartments in Kalihi Valley Honolulu

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1
$3,350
2453 Naai St Honolulu, HI
3 BR | Available Now
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14
$1,750
2257 Kula Kolea Dr Honolulu, HI
Studio | Available Now
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Balcony/Deck/Patio
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0
$3,100
1620 Kilohana St Honolulu, HI
3 BR | Available Now
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0
$3,500
2315 Jennie St Honolulu, HI
5 BR | Available Now
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1
$5,800
3115 Alika Ave Honolulu, HI
4 BR | Available Now
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1
$8,000
85 Dowsett Ave Honolulu, HI
4 BR | Available Now
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Dishwasher
1
$2,750
806 Kauai St Honolulu, HI
3 BR | Available Now
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0
$3,000
2521 Waolani Ave Honolulu, HI
3 BR | Available Now
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Balcony/Deck/Patio
6
$1,400 - 1,800
1912 Kalihi St Honolulu, HI
1 - 2 BR | Available Now
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Balcony/Deck/Patio
0
$1,700
1659 Kino St Honolulu, HI
2 BR | Available Now
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Dog Friendly
Cat Friendly
19
$2,545
Honolulu, HI
3 BR | Available Now
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1
$2,545
1511 Dement St Honolulu, HI
3 BR | Available Now
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Honolulu:
December Rent Report

Welcome to the December 2024 Honolulu Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Honolulu Rent Prices Decrease From November to December

Honolulu rent prices decreased over the last month. From November to December, the city experienced a -2.4% decrease for the price of a one-bedroom apartment. The rent price for a Honolulu one-bedroom apartments currently stands at $1,750.0.

When we take a look at the two-bedroom comparison from November to December, Honolulu experienced a 0.27% increase for the price of a two-bedroom apartment. The rent price for a Honolulu two-bedroom apartments currently stands at $2,585.0.

December Prices: Honolulu vs. Surrounding Areas

Kailua, HI
Aiea, HI
Kaneohe, HI
Waipahu, HI
Ewa Beach, HI
Honolulu, HI
Waianae, HI
Wahiawa, HI
$2,139
$2,012
$1,999
$1,888
$1,876
$1,793
$1,730
$1,476
$0
$700
$1,400
$2,100
$2,800
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 1 of the Honolulu suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Waianae, HI .

  • Rent decreased in Kailua, HI, Waipahu, HI, Ewa Beach, 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.

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,793
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Honolulu, HI $1,793.0 -1.92% $2,578.0 0.78%
Kailua, HI $2,139.0 -0.28% $2,850.0 -1.76%
Waipahu, HI $1,888.0 -0.05% $2,327.0 1.00%
Waianae, HI $1,730.0 3.28% $1,940.0 -3.00%
Ewa Beach, HI $1,876.0 -5.06% $2,503.0 -0.79%
Aiea, HI $2,012.0 -1.42% $2,391.0 3.19%
Kaneohe, HI $1,999.0 -7.71% $2,684.0 7.70%
Wahiawa, HI $1,476.0 -0.67% $2,078.0 4.42%

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.