Apartments in Lower Punchbowl Honolulu

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$1,500
903 Hausten St Honolulu, HI
1 BR | Available Now
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$2,100
909 Coolidge St #603 Honolulu, HI
1 BR | Available Now
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$1,500 - 1,575
824 University Ave Honolulu, HI
1 BR | Available Now
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$4,000
2914 Booth Rd #24 Honolulu, HI
3 BR | Available Now
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$2,000 - 2,100
Honolulu, HI
2 BR | Available Now
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$2,000
456
1920 Young St Honolulu, HI
2 BR | Available Now
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$1,550
Honolulu, HI
1 BR | Available Now
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1828 Young St Honolulu, HI
1 BR | Ask for Availability
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12
$1,550
Honolulu, HI
2 BR | Available Now
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$2,200
2623 Nahaku St Honolulu, HI
2 BR | Available Now
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$2,000
702 University Ave Building Honolulu Honolulu, HI
2 BR | Available Now
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$1,350
Honolulu, HI
1 BR | Dec. 2, 2024
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10
$1,400
2525 Date St Honolulu, HI
Studio | Available Now
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24
$2,700
2249 Date St #3 Honolulu, HI
3 BR | Available Now
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$1,700
2255 Date St #402 Honolulu, HI
1 BR | Available Now
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$1,750
2255 Date St #304 Honolulu, HI
1 BR | Available Now
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$1,450
Honolulu, HI
1 BR | Available Now
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$1,650
1757 Algaroba St Honolulu, HI
1 BR | Available Now
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$2,000
810 Mccully St Honolulu, HI
2 BR | Available Now
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$2,000
582 Lauiki Street Cmn Honolulu, HI
2 BR | Available Now
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$1,425
552 Lauiki St #10 Honolulu, HI
2 BR | Dec. 2, 2024
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6
$2,000
Honolulu, HI
1 BR | Available Now
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$1,350
528 Lauiki St Honolulu, HI
1 BR | Available Now
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13
$1,325
Honolulu, HI
1 BR | Available Now
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$1,325
Honolulu, HI
1 BR | Available Now
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16
$4,400
2333 Kapiolani Blvd #3509 Honolulu, HI
2 BR | Available Now
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$1,350
1923 Fern St Honolulu, HI
1 BR | Available Now
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$2,095
Ala Wai Plz Honolulu, HI
1 BR | Available Now
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$1,500
Honolulu, HI
1 BR | Available Now
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$2,300
Honolulu, HI
2 BR | Available Now
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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.