Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Honolulu area can be challenging. Home prices in Honolulu are now at a median cost of $745,318, higher than the Hawaii average of $682,000.
The average cost of rent is $2,146/mo in Honolulu, primarily driven by the current value of real estate in the Honolulu area. While nearly 36.19% of residents own their homes outright in Honolulu, 38.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Honolulu is $8,467 per month. Households that rent pay about 25.35% of their income on rent here. Honolulu's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Halawa, HI: higher priced homes
- Hickam Housing, HI: less expensive homes
- Pearl Harbor, HI: less expensive homes
- Aiea, HI: equally priced homes
- Kaneohe, HI: higher priced homes
- East Honolulu, HI: higher priced homes
- Kailua, HI: higher priced homes
- Iroquois Point, HI: less expensive homes
- Waimanalo, HI: less expensive homes
- Pearl City, HI: less expensive homes
Cities with Similar Populations
- Auburn, WA: less expensive homes
- Allen, TX: less expensive homes
- Anchorage, AK: less expensive homes
- Baton Rouge, LA: less expensive homes
- Beaumont, TX: less expensive homes
- Bellevue, WA: higher priced homes
- Alameda, CA: higher priced homes
- Asheville, NC: less expensive homes
- Ankeny, IA: less expensive homes
- Ann Arbor, MI: less expensive homes
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