Apartments in St. Louis Heights Honolulu

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$2,700

Panoramic Views Of Waikiki From The Roof Top Pool Deck Complete With Grills

400 Hobron Ln Honolulu, HI

1 BR | Available Now

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11

$1,500

Immaculate Spacious Studio At Villa On Eaton Square Waikiki

400 Hobron Ln #2204 Honolulu, HI

Studio | Ask for Availability

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$1,750

Furnished 1bd/1ba/1pkg In Rent Ala Moana/waikiki/convention Center, W/d In Unit!

1848 Kahakai Dr #2107 Honolulu, HI

1 BR | Available Now

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11

$2,950

Tastefully Designed 1 Bedroom In Waikiki

411 Hobron Ln #912 Honolulu, HI

1 BR | Nov. 25, 2024

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20

$1,700

1627 Ala Wai Blvd #202

Honolulu, HI

1 BR | Available Now

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17

$2,850

Fully-furnished 2 Bedroom, 2 Bathroom, 1 Parking At The Cove In Waikiki !

1820 Kaioo Dr Honolulu, HI

2 BR | Available Now

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$7,350

Huge 2 Bed 3 Bath Amazing Views In Ka La'i Waikiki Beach!!!

223 Saratoga Rd #3703 Honolulu, HI

2 BR | Available Now

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15

$1,965

Hobron Apartments

333 Hobron Lane Honolulu, HI

1 BR | Available Now

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28

$6,500

2bd/2ba Home W/private Pool, Upscale Decor, & Near Kahala Beach. Kahala Cottage

1420 Pueo St Honolulu, HI

2 BR | Feb. 1, 2025

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$15,000

Kala'i 3203 By Gather: Luxe Condo W/ Ocean Views

223 Saratoga Rd Honolulu, HI

3 BR | Available Now

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$4,000

3 Bedroom, 2.5 Bathroom House (pauoa Valley)

2914 Booth Rd #24 Honolulu, HI

3 BR | Available Now

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1

$9,000

Executive Kahala Home With Detached Cottage

1116 Kealaolu Ave Honolulu, HI

4 BR | Available Now

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Waialae-Kahala

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Honolulu
St. Louis Heights

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.