Ala Moana-Kakaako renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Ala Moana-Kakaako is about $2,022 per month. This puts it in the 64th percentile compared to the city average cost of rent, which is $2,146. Households in Ala Moana-Kakaako have a median income of $6,349 per month so the average renter in Ala Moana-Kakaako is spending roughly 32% of their earnings on housing.
Nationally, and in Ala Moana-Kakaako, home values are the data point most closely correlated with the cost of rent. The median price of a home in Ala Moana-Kakaako is $718,362 right now, which is higher than nearby neighborhoods, meaning that rents in Ala Moana-Kakaako also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Ala Moana-Kakaako while lower rent rates are often available in eastern areas.
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