Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
Recent-lease rent$2,5832026-07 · +4.8% year over year
Rental vacancyn/an/a
Time on marketn/an/a
FIPS 15003 · population 1,001,146 · part of Urban Honolulu, HI
The latest county-level Zillow ZORI is $3,038 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,877 | Honolulu County, HI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $2,016 | Honolulu County, HI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $2,642 | Honolulu County, HI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $3,674 | Honolulu County, HI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $4,432 | Honolulu County, HI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 15003. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Honolulu County’s decision tension is a high entry price against a moderate pre-cost income return: Zillow’s county median home value of $858,250 and median asking rent of $3,038 per month produce the supplied 4.25% gross yield. Investors able to verify building-level expenses should investigate; buyers relying on yield alone should be cautious. HUD’s two-bedroom Fair Market Rent is a payment standard, not an asking-rent estimate, so it is not used to calculate yield.
At Zillow’s county vintage, asking rent rose 5.22% year over year while home value rose 0.97%. That spread supports the current gross-income comparison, but it neither establishes operating margin nor proves continued rent growth. FHFA’s annual repeat-transaction HPI increased 1.40%; it confirms a positive price direction but is not a dollar home value and cannot be merged with Zillow’s different-vintage measure. The effective property-tax rate is 0.28%, with a median annual tax of $2,553; insurance, maintenance, and association charges are not published, preventing a net-yield conclusion.
Realtor.com’s MLS evidence shows 3,448 active listings and 12.99% of listings with price reductions—visible asking supply and seller concessions, not closed-sale prices or standalone proof of buyer demand. QCEW’s annual data show covered workplace employment and average weekly wage increased; they are neither resident employment nor unemployment measures. Trade, transportation, and utilities is the largest disclosed private supersector by employment, not the whole economy. Tax-return movers produced net migration of negative 2,232 households, although arriving movers averaged $2,731 more income than departing movers. Investor purchase mortgages were 693 of 6,027, or 11.5%, indicating nonoccupant participation but not cash-buyer activity or all purchase competition.
Inland flood is the dominant hazard, and modeled expected annual building-value loss is 0.31%; that model is not a parcel-level flood or insurance quote. Achieved rents, vacancy, lease concessions, sales comps, and transaction volume are not published, preventing a test of rent durability and price realization. Property insurance, flood-zone and elevation data, association obligations, and financing terms are not published, preventing site-level resilience, net-operating-income, and debt-service underwriting. These county-level indicators require asset and neighborhood verification.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Across the selected direct-evidence ZIP set, Zillow's 2026-06 ZORI, a typical observed asking-rent index, runs from $2,026 in 96826 to $4,006 in 96734, a $1,980 spread, with a $2,687 median. The county ZORI is $3,038. That county figure falls inside the selected range but is not a substitute for a ZIP-level comparison. The practical question is therefore not whether Honolulu County has one rent level, but which current asking-rent band fits the required unit configuration and lease terms. The low and high endpoints make the spread concrete, but do not represent a full county ranking or equivalent properties.
Do not substitute ACS gross rent or HUD standards for ZORI. ACS 2024 five-year ZCTA median gross rent is a survey estimate with different timing and construction; it ranges from $1,445 to $3,316. It describes reported gross rent for surveyed households rather than current asking terms for a specific vacant unit, whereas ZORI is an asking-rent index reported for 2026-06. HUD FY2026 two-bedroom FMR is an administrative standard, not an asking-rent estimate, and ranges from $2,170 to $3,610 in the shown ZIPs. It is presented here as an administrative reference. The ZORI-to-FMR diagnostic runs from 73.6% to 119.7%, expressing difference between measures rather than a bedroom-matched market-rent comparison.
ACS burden and vacancy data portray trade-offs but do not measure live listings. In selected ZCTAs, 45.5%–72.3% of renter households paid 30% or more of income toward rent, versus 57.7% countywide; ACS vacancy ranged from 3.7% to 34.1%, compared with 9.5% countywide. At the high-vacancy end, the corresponding burden figure is 52.6% and ZORI is $2,774; at the low-vacancy end, ZORI is $3,573 and burden is 58.6%. These paired observations do not establish that vacancy sets rent or burden, nor do they identify vacant rental units, concessions, or lease availability. Use the measures as separate screens when comparing current choices.
Coverage and crosswalk limits constrain conclusions. The selection shows 12 of 21 eligible direct-ZORI ZIP/ZCTA matches, covering 97,659 renter households, and is ordered by renter households; it is not a countywide inventory. ZIP display assignment follows the county with the greatest HUD residential-address share, even though ZIPs can cross county boundaries; all shown entries have 100% share. Census ZCTAs are statistical areas, not the same as USPS delivery ZIPs. Before acting, verify exact delivery ZIP and county, current comparable listings, bedrooms and bathrooms, whether utilities, parking, and fees are included, lease length, occupancy rules, unit condition, and the applicable bedroom-specific HUD standard.
21 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 96818 | $2,511 | $3,190 | $3,410 | 66.4% | 6.5% | $100k | 100.0% |
| 96817 | $2,374 | $1,445 | $2,170 | 48.7% | 7.6% | $95k | 100.0% |
| 96826 | $2,026 | $1,606 | $2,400 | 49.8% | 11.1% | $81k | 100.0% |
| 96786 | $2,385 | $2,787 | $2,970 | 72.3% | 8.0% | $95k | 100.0% |
| 96822 | $2,208 | $1,764 | $2,510 | 47.5% | 7.2% | $88k | 100.0% |
| 96815 | $2,774 | $1,958 | $3,050 | 52.6% | 34.1% | $111k | 100.0% |
| 96706 → | $3,573 | $2,779 | $3,160 | 58.6% | 3.7% | $143k | 100.0% |
| 96797 → | $2,876 | $1,997 | $2,430 | 53.5% | 4.7% | $115k | 100.0% |
| 96816 | $2,861 | $1,922 | $2,480 | 49.4% | 9.1% | $114k | 100.0% |
| 96814 | $3,316 | $1,824 | $2,770 | 50.0% | 18.1% | $133k | 100.0% |
| 96734 | $4,006 | $3,316 | $3,610 | 58.5% | 7.6% | $160k | 100.0% |
| 96819 | $2,600 | $1,900 | $2,320 | 45.5% | 7.3% | $104k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 96706 rental reportHonolulu County | Ewa Beach, HI | $3,573 | ▲ 6.4% | 58.6% | 83,692 |
| ZIP 96744 rental reportHonolulu County | Kaneohe, HI | $3,558 | ▲ 5.3% | 42.6% | 57,620 |
| ZIP 96707 rental reportHonolulu County | Kapolei, HI | $3,406 | ▲ 4.7% | 62.4% | 48,807 |
| ZIP 96797 rental reportHonolulu County | Waipahu, HI | $2,876 | ▲ 5.4% | 53.5% | 72,435 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.305% of building value expected lost per year
$2,553 median annual bill
19,803 in · 22,035 out
$73,090 arriving · $70,359 leaving
693 of 6,027 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
No. It is a payment standard, while the published Zillow asking rent is the market-rent measure used for the supplied gross yield.
No. It is a repeat-transaction appreciation index and should be read separately from Zillow’s median home-value measure.
No. Insurance, maintenance, association charges, vacancy, and other operating-cost evidence are not published.