148 Luxury Apartments for rent in Honolulu, HI

Last updated January 18 at 7:15pm UTC
2979 Kalakaua Avenue
Diamond Head - Kapahulu - St. Louis
Honolulu, HI
Updated January 18 at 7:12pm UTC
2 Bedrooms
$4,750
2114 Houghtailing St. (downstairs) - 1
Liliha - Kapalama
Honolulu, HI
Updated January 3 at 3:34pm UTC
4 Bedrooms
$2,400
2542 Tantalus Drive
Makiki - Lower Punchbowl - Tantalu
Honolulu, HI
Updated January 18 at 10:43am UTC
4 Bedrooms
$4,300
1576 St Louis Drive
Diamond Head - Kapahulu - St. Louis
Honolulu, HI
Updated January 3 at 11:42am UTC
3 Bedrooms
$2,750
415 South Street
Ala Moana - Kakaako
Honolulu, HI
Updated January 3 at 11:40am UTC
5 Bedrooms
$10,000
60 N Beretania Street
Downtown Honolulu
Honolulu, HI
Updated January 18 at 7:14pm UTC
2 Bedrooms
$2,700
2071 9th Avenue
Palolo
Honolulu, HI
Updated January 18 at 1:56am UTC
3 Bedrooms
$2,395
1009 KAPIOLANI BLVD., #4707
Ala Moana - Kakaako
Honolulu, HI
Updated January 17 at 7:57pm UTC
3 Bedrooms
$4,600
1388 Ala Moana Boulevard
Ala Moana - Kakaako
Honolulu, HI
Updated January 18 at 7:10pm UTC
2 Bedrooms
$25,000
2979 Kalakaua Ave
Diamond Head - Kapahulu - St. Louis
Honolulu, HI
Updated January 3 at 3:40pm UTC
Studio
$4,750
738 Cedar Street
Ala Moana - Kakaako
Honolulu, HI
Updated January 18 at 1:56am UTC
3 Bedrooms
$2,900
1322 Lunalilo Street
Makiki - Lower Punchbowl - Tantalu
Honolulu, HI
Updated January 17 at 1:42am UTC
3 Bedrooms
$2,450
1199 Bishop Street Unit #28
Downtown Honolulu
Honolulu, HI
Updated January 17 at 8:03pm UTC
2 Bedrooms
$4,900
938 22nd Ave
Kaimuki
Honolulu, HI
Updated January 11 at 11:50am UTC
3 Bedrooms
$2,800
1837 Kalakaua Avenue
Waikiki
Honolulu, HI
Updated January 18 at 7:15pm UTC
2 Bedrooms
$3,560
1 KEAHOLE PLACE #1617
Hawaii Kai
Honolulu, HI
Updated January 11 at 11:57am UTC
2 Bedrooms
$2,695
1108 Auahi Street
Ala Moana - Kakaako
Honolulu, HI
Updated January 18 at 10:45am UTC
3 Bedrooms
$7,500
4302 Kahala Avenue
Waialae - Kahala
Honolulu, HI
Updated January 3 at 11:40am UTC
3 Bedrooms
$3,800
1189 Waimanu St. #3807
Ala Moana - Kakaako
Honolulu, HI
Updated January 17 at 7:59pm UTC
1 Bedroom
$2,850
2333 Kapiolani Blvd. #2311
Mccully - Moiliili
Honolulu, HI
Updated January 15 at 12:34pm UTC
2 Bedrooms
$2,300
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January 2018 Honolulu Rent Report

Welcome to the January 2018 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

January 2018 Honolulu Rent Report

Welcome to the January 2018 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 1.4% over the past month, and are down significantly by 2.1% in comparison to the same time last year. Currently, median rents in Honolulu stand at $1,550 for a one-bedroom apartment and $2,060 for a two-bedroom. This is the fourth 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 2.8%.

Many large cities nationwide show more affordable rents compared to Honolulu

As rents have fallen significantly in Honolulu, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Honolulu is less affordable for renters.

  • Honolulu's median two-bedroom rent of $2,060 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 2.1% decline in Honolulu.
  • While rents in Honolulu fell significantly over the past year, many cities nationwide saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • 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.