Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown area can be challenging. Home prices in Downtown are now at a median cost of $537,753, lower than the Honolulu average of $745,318.
The average cost of rent is $1,493/mo in Downtown, primarily driven by the current value of real estate in the Downtown area. While nearly 43.19% of residents own their homes outright in Downtown, 64.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown is $5,301 per month. Households that rent pay about 28.17% of their income on rent here. Downtown's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- The Arts District, Honolulu, HI: higher priced homes
- Ala Moana-Kakaako, Honolulu, HI: higher priced homes
- Makiki, Honolulu, HI: less expensive homes
- Liliha-Kapalama, Honolulu, HI: higher priced homes
- Nuuanu-Punchbowl, Honolulu, HI: higher priced homes
- Kalihi-Palama, Honolulu, HI: equally priced homes
- Mxcully-Moiliili, Honolulu, HI: equally priced homes
- Kalihi Valley, Honolulu, HI: higher priced homes
- Waikiki, Honolulu, HI: equally priced homes
- Manoa, Honolulu, HI: higher priced homes
Neighborhoods with Similar Populations
- Inverness, Hoover, AL: less expensive homes
- Coomer Creek, Garland, TX: less expensive homes
- Crest Drive, Eugene, OR: less expensive homes
- South Side, Bethlehem, PA: less expensive homes
- Downtown Modesto, Modesto, CA: less expensive homes
- East End, Boise, ID: equally priced homes
- Salt Meadow Bay, Virginia Beach, VA: less expensive homes
- Riverside, Wichita, KS: less expensive homes
- Regency, Jacksonville, FL: less expensive homes
- Inglewood-Riverwood, Nashville, TN: less expensive homes
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