Statistics About The Average Rent In Hawaii

In this post, we will explore the average rent prices across various locations in Hawaii, shedding light on the cost of living in different areas of the state. From studio apartments to single-family homes, we will examine key statistics that paint a picture of the rental market in Hawaii, offering insights into the affordability and trends in residential rents.

Statistic 1

"The average rent for a studio apartment in Hawaii is approximately $1,673."

Statistic 2

"In Hilo, Hawaii, the average rent for a 1-bedroom apartment is $1,196."

Statistic 3

"In Kailua-Kona, the average rent for a 1-bedroom is around $1,849."

Statistic 4

"In Ewa Beach, the average rent for a 1-bedroom apartment is around $1,909."

Statistic 5

"In Waipahu, the average rent for a 1-bedroom apartment is about $1,747."

Statistic 6

"In downtown Honolulu, the average rent for a 1-bedroom is $2,095."

Statistic 7

"The median monthly residential rent in Hawaii County is about $1,375."

Statistic 8

"The median residential rent in Maui County is about $1,491 per month."

Statistic 9

"Rents for single-family homes on Oahu declined by 0.8% in 2020."

Statistic 10

"The average monthly rental price for a vacation rental in Hawaii is $3,670."

Statistic 11

"Hawaii's statewide median rent was $1900 in 2021."

In conclusion, the statistics on average rent prices across different regions of Hawaii reveal a wide range of costs for housing. From the relatively more affordable options like Hilo and Hawaii County to the pricier areas such as downtown Honolulu and Ewa Beach, potential renters in Hawaii face a significant variation in rental expenses depending on their location. Additionally, the decline in rents for single-family homes on Oahu in 2020 adds another layer to the complex rental market dynamics in the state. Overall, these statistics underscore the importance of carefully considering location and market trends when looking for rental properties in Hawaii.