The Most Affordable Neighborhoods in Ala Moana-Kakaako, Honolulu, HI by Home Value

 

Ala Moana-Kakaako, Honolulu, HI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ala Moana-Kakaako area can be challenging. Home prices in Ala Moana-Kakaako are now at a median cost of $718,362, lower than the Honolulu average of $745,318.

The average cost of rent is $2,022/mo in Ala Moana-Kakaako, primarily driven by the current value of real estate in the Ala Moana-Kakaako area. While nearly 44.54% of residents own their homes outright in Ala Moana-Kakaako, 54.09% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ala Moana-Kakaako is $6,349 per month. Households that rent pay about 31.84% of their income on rent here. Ala Moana-Kakaako's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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