The average apartment rent in Urban Honolulu, HI: December 2022

Honolulu is the capital of the state of Hawaii and the largest city with a population of about 350,000 people. The city of Honolulu is located on the island of Oahu. Honolulu is a delightful paradise with a rich culture, great beaches, white sands, a comfortable climate and a vibrant nightlife. The main life takes place in the city center, where many restaurants, shops, clubs, etc. are located. In this article, we look at the average rental prices for one and two-bedroom apartments in Urban Honolulu, HI as of December 2022.

The cost of living in Urban Honolulu, HI is quite high. This is explained by high rental rates. For example, the average rental price for an apartment in Urban Honolulu, HI is $2,030 per month as of December. Over the past year, apartments in Urban Honolulu, HI have risen in price by 7%. The average rental price for a one-bedroom apartment is $1,800 per month (+10.40% year on year) and for a two-bedroom apartment $2,400 per month (+6.70% year on year). Studios remain the cheapest type of housing to rent. You can rent a studio in Urban Honolulu, HI for an average of $1,560 per month.

The most expensive neighborhoods in Urban Honolulu include Ala Moana – Kakaako ($3,000/month for one-bedroom apartment), Waikiki ($2,300/month), Moanalua ($2,165/month).

The cheapest neighborhoods in Urban Honolulu, HI include Kaimuki ($1,200/month for one-bedroom apartment), Liliha – Kapalama ($1,375/month) and Palolo ($1,395/ month).