ZIP reports / HI / 96706
ZIP rental intelligence · 2026-06

ZIP 96706, Ewa Beach, HI

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 96706?

The latest Zillow ZORI for ZIP 96706 is $3,573 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$3,5732026-06 · up 6.4% year over year
ACS median gross rent$2,779ACS 2024 5-year survey · ±$180 margin of error
HUD two-bedroom standard$3,160Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 96706
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$2,533ZORI scaled by the local HUD bedroom ladder$2,240HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$2,725ZORI scaled by the local HUD bedroom ladder$2,410HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$3,573ZORI scaled by the local HUD bedroom ladder$3,160HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$4,964ZORI scaled by the local HUD bedroom ladder$4,390HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$5,993ZORI scaled by the local HUD bedroom ladder$5,300HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$129,456ACS 2024 5-year · ±$2,751 MOE
Renter share30.6%7,390 renter households
Rent burden 30%+58.6%4,331 observed households
Housing vacancy3.7%924 of 25,063 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 96706Zillow asking-rent index$3,573ACS median gross rent$2,779HUD two-bedroom standard$3,160

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 96706ACS median household income$129,456Income at 30% of ZIP ZORI$142,920

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 96706Studio$2,533One bedroom$2,725Two bedrooms$3,573Three bedrooms$4,964Four bedrooms$5,993

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 9670630% or more of income4,331 householdsBelow 30%3,059 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 96706ZIP 96706$3,573Ewa Beach city$3,572Honolulu County county$3,038Urban Honolulu, HI metro$3,038

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 96706; missing months remain gaps$3,662$3,390$3,117$2,8452021-062024-012026-06
Five-year change
21.8%exact same-month endpoints
Largest observed drawdown
4.3%peak to a later observed month
Annualized monthly variability
2.9%132 consecutive returns
Monthly coverage
98.5%135 of 137 months
Decision brief

What the evidence says for ZIP 96706

The central decision in 96706 is whether a specific offer sits near a higher current asking benchmark and whether its full monthly cost fits the renter’s own budget. The five-digit label is used here both as a Zillow ZIP market identifier and as the matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. Zillow’s June 2026 ZORI is $3,573 per month, up 6.4% year over year. ZORI is a typical observed asking-rent index blended across rental types, not a quote for every home. At that monthly index, the arithmetic required income is $142,920 under a 30% screen. That calculation is a comparison tool, not advice, an affordability verdict, or an applicant qualification rule.

Bedroom size materially changes the modelled screening range. The modelled monthly estimates are $2,533 for a studio, $2,725 for one bedroom, $3,573 for two bedrooms, $4,964 for three bedrooms, and $5,993 for four bedrooms. These are modelled estimates, not measured bedroom rents: they scale the ZIP ZORI using the relative steps in the supplied local HUD ladder. The supplied HUD two-bedroom standard is $3,160, leaving the ZIP ZORI 13.1% above that administrative benchmark. The sequence can help compare asking prices across bedroom counts, but its shape reflects HUD ladder ratios rather than direct observations of how much local landlords charge for each additional bedroom.

Different evidence universes answer different questions. The matched ZCTA’s ACS 2024 five-year median gross rent is $2,779, with a survey margin of error of $180. Gross rent covers occupied renter homes and includes selected utilities, while Zillow ZORI tracks typical observed asking rent across rental types. ZORI stands 28.6% above the ACS measure, but that gap is not a same-home rent increase: the sources differ in timing, housing population, rent concept, and utility treatment. The HUD FY2026 FMR/SAFMR ladder is separate again. It is an administrative, bedroom-specific standard that may be ZIP-based or county-derived, not a survey median and not evidence of the asking price for an available unit.

The ACS median household income is $129,456, with a survey margin of error of $2,751, and it describes all households rather than renter applicants specifically. The $142,920 income screen is above that median, while annualized ZORI equals 33.1% of the median; both comparisons combine separate datasets and remain arithmetic screens. The ZCTA has 7,390 renter-occupied homes, representing 30.6% of occupied homes, with a renter-count margin of error of 651. Within the ACS burden universe, 4,331 renter households spent at least the burden threshold on gross rent, a 58.6% share, and that count has a margin of error of 666. This observed burden indicates a broad household pattern, not the affordability or condition of any particular listing.

The housing-stock evidence helps frame availability without establishing what can be leased today. ACS reports 25,063 housing units, of which 24,139 were occupied and 924 were vacant, producing a 3.7% overall vacancy rate. Vacancy composition includes 335 units classified as for rent, 123 for sale, and 139 for seasonal use; other vacant units fall into remaining ACS categories. The structure count includes 18,795 single-family units and 832 units in large multifamily structures. Structure is not tenure, so single-family stock should not be treated as owner-only, and the multifamily count is not a current apartment inventory. Likewise, an ACS for-rent vacancy count does not prove that a unit remains marketed, habitable, appropriately sized, or available on a renter’s timetable.

For Ewa Beach city scope, the context asking-rent value is $3,572.26 and median gross rent is $2,522; for Honolulu County scope, context asking rent is $3,038 and the two-bedroom HUD standard is $2,642; for Urban Honolulu, HI metro scope, context asking rent is $3,038, median household income is $106,195, and rent-to-income is 34.3%. The ZIP ZORI is essentially level with the city asking context and above the county and metro asking contexts. Even so, these wider geographies are context rather than substitutes for ZIP evidence. Their asking-rent, gross-rent, HUD, income, and ratio values retain their original universes and cannot be combined as though they measured the same homes or households.

Limits begin with geography, timing, and source design: a statistical ZCTA can differ from a delivery ZIP, Zillow represents an index period, ACS pools survey responses across years, and HUD publishes a fiscal administrative standard. Before evaluating a property, confirm the address’s actual delivery ZIP and its treatment by the relevant source. Check the advertised face rent, effective rent after concessions, bedroom count, lease length, move-in date, deposits, application charges, recurring fees, parking, pet costs, furnishings, and renewal terms. Verify which utilities are included, how separately metered services are billed, and whether the unit’s condition and availability match the advertisement. If rental assistance is relevant, confirm the operative payment standard and utility allowance with the administering agency rather than assuming the supplied HUD ladder controls.

Decision signals

What deserves a closer property-level check

Current asking benchmark is above survey rent

Zillow places typical observed ZIP asking rent at $3,573, with 6.4% year-over-year growth. That index is 28.6% above the ACS five-year median gross rent of $2,779. The difference is decision-relevant but not a same-unit increase: Zillow represents current asking conditions across rental types, whereas ACS describes occupied renter homes and includes selected utilities.

Bedroom figures are scaled estimates

The modelled ladder spans $2,533 for a studio through $5,993 for four bedrooms. Each value scales ZIP ZORI using the relative pattern of the local HUD ladder; none is a measured bedroom-specific asking rent. The two-bedroom model equals $3,573, compared with a $3,160 HUD administrative standard, so actual listings should be checked against the appropriate modelled size rather than treated as observations.

Income screens and burden show different pressures

The 30% arithmetic screen requires $142,920 in annual income at current ZORI, above the ZCTA median household income of $129,456. Separately, ACS reports that 58.6% of renter households met its gross-rent burden threshold. The first result combines an asking index with median income; the second is an observed five-year survey measure. Neither determines whether a particular household will qualify.

Vacancy is limited evidence of live supply

The ZCTA’s 924 vacant units imply a 3.7% overall vacancy rate, but only 335 were classified as for rent in the ACS categories. Those survey counts do not establish current listing status, price, condition, or bedroom fit. The stock is predominantly represented by 18,795 single-family units, yet structure type does not reveal whether a unit is owner-occupied, renter-occupied, or presently offered.

  • The matched ZCTA is a Census statistical area rather than an exact USPS delivery geography, so an individual address may not align with every ZIP-level source used here.
  • Zillow asking rent, ACS median gross rent, and HUD FMR or SAFMR standards measure different populations and purposes; substituting one for another can misstate a property comparison.
  • The bedroom ladder inherits the shape of HUD administrative standards, so it may miss property-specific premiums, concessions, condition differences, utility arrangements, or unusual layouts.
  • ACS vacancy and burden figures are pooled survey estimates with uncertainty and cannot establish whether a current unit is available, suitable, affordable, or likely to accept an applicant.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 96706

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$819,815+0.6% year over year
Homes sold221rolling three-month observation
Median days on market69 daysfor-sale listing absorption
Months of supply5.1resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 96706Active listings607Inventory371Pending sales292Homes sold221

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

371 observed inventory · +4.2% year over year.

Price realization

99.7% average sale-to-list ratio · 26.5% sold above original list.

Early absorption

32.8% went off market within two weeks; compare this with 69 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Honolulu County listing conditions

3,448 active Realtor.com listings · 68 median days on market · 13.0% price-reduced share · 2026-06.

Urban Honolulu, HI resale supply

6.5 months of supply · 78 median days on market · 15.1% listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

n/a reported apartment vacancy · n/a. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 96706. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

Why is Zillow ZORI higher than ACS median gross rent?

The sources do not measure the same universe. ZORI is a typical observed asking-rent index for the ZIP market and blends rental types. ACS median gross rent is a five-year survey statistic for occupied renter homes and includes selected utilities. Timing, occupancy status, housing mix, and rent definitions can all produce a gap without showing a same-unit increase.

Are the bedroom amounts observed local rents?

No. They are modelled estimates created by scaling the ZIP ZORI according to the relative studio-through-four-bedroom steps in the supplied local HUD ladder. The estimates provide a consistent screening framework, but the packet contains no direct measurement of asking rents separately by bedroom count.

Does the required-income figure determine renter qualification?

No. The $142,920 figure is simple arithmetic that annualizes the $3,573 monthly index and applies a 30% rent-to-income screen. It is not advice, a legal standard, or an applicant rule. Owners and programs may use different income definitions, ratios, documentation, allowances, or eligibility criteria.

What should be verified for a specific property?

Confirm the exact address and delivery ZIP, advertised and effective rent, bedroom count, lease term, availability date, concessions, deposits, recurring fees, utility responsibility, metering, parking, pet charges, furnishings, condition, and renewal terms. If assistance is involved, also verify the operative payment standard, utility allowance, inspection requirements, and program treatment with the administering agency.