161 Luxury Apartments for rent in Honolulu, HI

Last updated November 22 at 2:20am UTC
1979 Wilhelmina Rise
Kaimuki
Honolulu, HI
Updated October 26 at 10:48am UTC
2 Bedrooms
$2,450
1633 Mahani Loop
Kalihi Valley
Honolulu, HI
Updated November 9 at 10:34am UTC
4 Bedrooms
$3,000
3003 Kalakaua Ave. #3A - 1
Diamond Head - Kapahulu - St. Louis
Honolulu, HI
Updated November 21 at 11:47am UTC
3 Bedrooms
$7,500
1200 Queen Emma Street
Downtown Honolulu
Honolulu, HI
Updated November 21 at 5:32pm UTC
2 Bedrooms
$3,000
3928 Kaualio Place
Waialae - Kahala
Honolulu, HI
Updated November 16 at 10:23am UTC
4 Bedrooms
$17,000
2345 Ala Wai Boulevard
Waikiki
Honolulu, HI
Updated August 15 at 4:58am UTC
2 Bedrooms
$2,601
1910 Ala Moana Boulevard
Waikiki
Honolulu, HI
Updated November 16 at 10:21am UTC
1 Bedroom
$2,513
1118 Ala Moana Blvd., #2
Ala Moana - Kakaako
Honolulu, HI
Updated November 16 at 12:06pm UTC
4 Bedrooms
$15,000
4999 Kahala Avenue
Waialae - Kahala
Honolulu, HI
Updated November 22 at 2:20am UTC
2 Bedrooms
$5,750
317 Kapulei Street
Nuuanu - Punchbowl
Honolulu, HI
Updated November 21 at 5:34pm UTC
3 Bedrooms
$2,600
300 Wai Nani Way
Waikiki
Honolulu, HI
Updated November 22 at 2:20am UTC
1 Bedroom
$2,500
2121 Ala Wai Boulevard
Waikiki
Honolulu, HI
Updated November 22 at 2:20am UTC
2 Bedrooms
$2,950
1551 Ala Wai Boulevard
Waikiki
Honolulu, HI
Updated November 22 at 2:20am UTC
2 Bedrooms
$5,000
228 Ohua Avenue
Waikiki
Honolulu, HI
Updated October 5 at 2:12am UTC
4 Bedrooms
$3,700
1555 Kapiolani Blvd, Unit 1205
Ala Moana - Kakaako
Honolulu, HI
Updated November 9 at 12:08pm UTC
2 Bedrooms
$5,300
801 South Street
Ala Moana - Kakaako
Honolulu, HI
Updated November 22 at 2:20am UTC
2 Bedrooms
$2,500
1009 Kapiolani Boulevard
Ala Moana - Kakaako
Honolulu, HI
Updated November 21 at 1:41am UTC
2 Bedrooms
$2,995
1177 Queen Street
Ala Moana - Kakaako
Honolulu, HI
Updated October 15 at 7:34pm UTC
3 Bedrooms
$5,900
2895 Kalakaua Avenue
Diamond Head - Kapahulu - St. Louis
Honolulu, HI
Updated November 22 at 2:20am UTC
1 Bedroom
$4,612
2333 Kapiolani Blvd. #2311
Mccully - Moiliili
Honolulu, HI
Updated November 4 at 1:10pm UTC
2 Bedrooms
$2,300
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November 2017 Honolulu Rent Report

Welcome to the November 2017 Honolulu Rent Report. Honolulu rents declined over the past month. In this report, we'll evaluate trends in the Honolulu rental market, including comparisons to similar cities nationwide.

View full Honolulu Rent Report
Rent Report
Honolulu

November 2017 Honolulu Rent Report

Welcome to the November 2017 Honolulu Rent Report. Honolulu rents declined over the past month. In this report, we'll evaluate trends in the Honolulu rental market, including comparisons to similar cities nationwide.

Honolulu rents declined over the past month

Honolulu rents have declined 0.6% over the past month, but have remained steady at 0.4% in comparison to the same time last year. Currently, median rents in Honolulu stand at $1,580 for a one-bedroom apartment and $2,100 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in August. Honolulu's year-over-year rent growth lags the state average of 1.0%, as well as the national average of 2.7%.

Many large cities nationwide show more affordable rents compared to Honolulu

Rent growth in Honolulu has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Honolulu is less affordable for renters.

  • Honolulu's median two-bedroom rent of $2,100 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the stagnant growth in Honolulu.
  • While rents in Honolulu remained moderately stable this year, similar cities saw increases, including Seattle (+4.2%), Phoenix (+4.1%), and Dallas (+2.6%); note that median 2BR rents in these cities go for $1,690, $1,020, and $1,100 respectively.
  • Renters will generally find more expensive prices in Honolulu than most large cities. For example, Detroit has a median 2BR rent of $890, where Honolulu is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.