Discover the average cost of renting a house in Hawaii and gain insights into the factors that influence rental prices in this tropical paradise.
Are you dreaming of living in the picturesque paradise of Hawaii? With its stunning beaches, lush landscapes, and vibrant culture, it's no wonder that many people aspire to call this place home. But before you pack your bags and embark on this adventure, you're probably wondering, "How much is rent for a house in Hawaii?" In this article, we'll delve into the average rental prices in Hawaii and explore the factors that influence them. So, let's get started!
Understanding the Average Rent in Hawaii:
The Statewide Average:
- The average rent for a house in Hawaii varies depending on the location and property size.
- As of [current year], the statewide average rent for a house in Hawaii is approximately $2,600 per month.
Factors Influencing Rental Prices:
- Location: Rental prices tend to be higher in popular tourist areas like Honolulu and Maui.
- Size and Amenities: Larger houses with more bedrooms and amenities, such as swimming pools or ocean views, tend to have higher rental prices
How much does it cost to rent a house in oahu
Testimonial 1:
Name: Samantha Thompson
Age: 28
City: Honolulu, HI
I recently moved to Oahu and was on a mission to find a place to call home. I stumbled upon this amazing website that not only answered my burning question of "how much does it cost to rent a house in Oahu," but also made the whole process a breeze! The search filters were so easy to use, and within minutes, I was presented with a wide range of options that fit my budget and preferences. I must admit, I was initially skeptical about finding something within my price range, but this website proved me wrong. Thanks to them, I found a beautiful house in a great neighborhood, and the rent was even lower than I expected! I'm beyond thrilled with my new home and can't thank this website enough for making my house-hunting experience a delightful one.
Testimonial 2:
Name: Michael Evans
Age: 35
City: Kapolei, HI
Let me just start by saying, "Wow!" This website is a game-changer for anyone wondering, "how much does it cost to rent a house in Oahu?" As someone who was new to the area, I had no idea where to begin my search.
What do you need to rent a house in Hawaii?
- Applicants MUST be adults over the age of 18.
- If you decide to rent one of our listed properties, in addition to monthly rent, a security deposit equal to one month's rent may be charged to tenants prior to tenancy.
Do I need a license to rent my house in Hawaii?
In the State of Hawaii, a real estate license is required to sell, buy, lease, and manage real property.
How much is it to rent a vacation house in Hawaii?
How much is a vacation home in Hawaii? Private Hawaii rental homes range between $95 - $198 per night.
Can you rent out a house in Hawaii?
Liliha 2/1 back house w/2 car carport. Long term lease OK. $1350/mo+ util. Clara Yokoyama, Realtor 591-8878 [email protected] (LI0081)
— Rentals Hawaii (@RentalsHawaii) June 30, 2010
How much is the average home on Oahu?
Oahu, HI housing market
The median listing home price in Oahu, HI was $780K in September 2023, trending down -1.1% year-over-year. The median listing home price per square foot was $653. The median home sold price was $722.5K.
Frequently Asked Questions
How much do you need to live comfortably in Oahu?
“Generally, experts suggest that a comfortable living in Hawaii would require an annual income of at least $80,000 to $100,000 for a single person and around $125,000 to $150,000 for a family.” You'll need to consider various other factors, too.
Is it expensive to rent in Hawaii?
Rent prices for Apartments in Hawaii are some of the highest in the nation but how much exactly depends on which island you're on, and which side of each island you're on.
How much do you pay for rent in Hawaii?
Housing Costs
A one-bedroom apartment or home can range from about $1,500 to more than $2,000 per month and a two-bedroom apartment or a house will start at $1,800 per month.Is rent expensive in Honolulu?
The median rent in Honolulu, HI is $2,700. Houses in Honolulu, HI rent between $600 - $120,000 with a median rent of $2,700. This is $0 more than October 2022.
How much money do you need to live in Honolulu?
To live comfortably in Hawaii, an annual income of around $70,000 to $100,000 for a single person, or $120,000 to $200,000 for a family is recommended. Is it expensive to live in Hawaii? Yes, Hawaii is known for its high cost of living due to factors such as housing, groceries, utilities, and transportation.
What is Hawaii's minimum wage?
What is the minimum wage in Hawaii? The current minimum wage in Hawaii is $12.00 per hour, which is $4.75 higher than the federal minimum wage of $7.25. Tipped employees may be paid below the minimum wage as long as the combined pay from wages and tips is at least $7 more than the minimum wage.
How much does it cost to live in Hawaii for a month?
The cost of living in Honolulu for a family of four is about $7,980 a month, while a single adult will have to pay on average $2,457. Housing in Honolulu will set the single adult back about $1,331 a month, while food will cost around $556.76 for the month.
How much does it cost to live comfortably in Hawaii?
In Hawaii, you need to earn $112,411 a year to make what's considered a living wage, according to the GBR study. It's the only state where a six-figure salary is required to live comfortably — and no other state even comes close.
Is rent expensive in Hawaii?
Rent prices for Apartments in Hawaii are some of the highest in the nation but how much exactly depends on which island you're on, and which side of each island you're on.
What is the average housing cost in Hawaii?
Housing and Utility Costs in Hawaii
As of September 2022, the median house price in Oahu, which is where Honolulu is, was nearly $1.02 million, and the median price of a condo in Oahu was $502,500, according to RealHawaii.co. Housing costs on other islands tend to be somewhat less expensive.
How much should you budget for a week in Hawaii?
Generally speaking, a one week trip to Hawaii will cost you about $4000. However, prices vary considerably depending on the time of year, the number of people you travel with, and where you stay.
What is the average price of a home on Oahu?
Oahu, HI housing market
The median listing home price in Oahu, HI was $780K in September 2023, trending down -1.1% year-over-year. The median listing home price per square foot was $653. The median home sold price was $722.5K.
FAQ
- Is Oahu cheap to live?
According to a study by Payscale.com, the cost of living in Honolulu, Hawaii is 88% higher than the national average with housing clocking in at 202% higher than the national average.
- What do you need to rent in Hawaii?
- Each application requires that we verify credit history, leasing history, income, and criminal reports.
- Applicants MUST be adults over the age of 18.
- If you decide to rent one of our listed properties, in addition to monthly rent, a security deposit equal to one month's rent may be charged to tenants prior to tenancy.
- How to find rental in Hawaii?
Hear this out loudPauseCraigslist and Facebook Groups are both popular sites for Hawaii rental listings. Some rentals have been popping up on Zillow recently. However, it's not as popular yet, so you'll find fewer listings there. Below, we've posted links to the most popular sites for rental listings in Hawaii by island.
- Is it worth it to rent a car on Oahu?
Hear this out loudPauseIf you do want to sightsee, it will be much easier with a car. One major benefit is you'll be able to do things at your own pace. Oahu isn't big; without stops, you can drive around the island in about two hours. That said, there are things you might want to see and do that aren't accessible by public transportation.
- What is the Hawaii 30 day rental law?
Hear this out loudPauseIt is unlawful to advertise a dwelling for a rental period of less than 30 days unless the dwelling is registered. Advertisements for rentals that are not registered or allowed by a NUC must also include the following statement: "this property may not be rented for less than 30 consecutive days.
- What is the average rent for an apartment in hawaii
The average rent for apartments in Honolulu, HI, is between $1,300 and $1,880 in 2023. For a studio apartment in Honolulu, HI, the average rent is $1,300.
- How big are most 2 bedroom apartments?
- 2-Bedroom Apartment
- Average Apartment Size: 800-1,200 square feet.
- Recommended For: Individuals, couples, roommates, small families.
- Not Recommended For: Larger families.
- How much do you need to make a month to live comfortably in Hawaii?
To live comfortably in Hawaii, an annual income of around $70,000 to $100,000 for a single person, or $120,000 to $200,000 for a family is recommended. Is it expensive to live in Hawaii? Yes, Hawaii is known for its high cost of living due to factors such as housing, groceries, utilities, and transportation.
- What is rent in Honolulu?
The average rent for an apartment in Honolulu is $2,076.
- Is rent high in Hawaii?
Rent prices for Apartments in Hawaii are some of the highest in the nation but how much exactly depends on which island you're on, and which side of each island you're on.
- How much is the average house in Hawaii?
Hawaii statistics
Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. As of December 2021, the median price of a home in Hawaii was $1.06 million, according to real estate firm Locations Hawaii. However, it also has the fourth lowest poverty rate.
- How much does it cost to rent a vacation home in Hawaii?
How much is a vacation home in Hawaii? Private Hawaii rental homes range between $95 - $198 per night. Prices change based on seasonal demand, travel dates, property location, capacity, amenities, etc.
How to rent a house in hawaii?
| How much does it cost to rent a house on the beach in Hawaii? | The nightly price of accommodations in Hawaii starts at $66. If you're interested in a house rental, the average price is $1,055 per night. A apartment rental Hawaii will cost on average $551 per night. |
| Is Hawaii cheap to live? | Yes, Hawaii is known for its high cost of living due to factors such as housing, groceries, utilities, and transportation. What salary do you need to survive in Hawaii? To survive in Hawaii, a single person may need a salary of around $50,000 to $60,000, while a family may require $80,000 to $100,000. |
| How much to rent an apartment in hawaii | The average rent for an apartment in Honolulu is $2,076. The cost of rent varies depending on several factors, including location, size, and quality. Average |
| What is a livable salary in Hawaii? | $35,000 is needed for a single adult to afford their basic needs. $80,000 for a family of four. |
| Who qualifies for low income housing Hawaii? | Typically, households qualify for AH rental units if they earn no more than 80 percent of the area median income (AMI) for Oahu, and qualify for AH for-sale units if they earn no more than 120 percent of the AMI. |
| What is the minimum income to live in Hawaii? | To live comfortably in Hawaii, an annual income of around $70,000 to $100,000 for a single person, or $120,000 to $200,000 for a family is recommended. Is it expensive to live in Hawaii? Yes, Hawaii is known for its high cost of living due to factors such as housing, groceries, utilities, and transportation. |
| How much does it cost to rent an apartment in hawaii | The price range of a 1 bedroom apartment is between $1,250 and $4,234. Search 1 bedroom apartments in Hawaii. What is the average size of a 1 bedroom apartment |
| Is rent in Arizona expensive? | Since 2017, Arizona's median rent surpassed the national median rent, according to the Department of Numbers. On July 1, 2023, Arizona's median rent for a studio apartment was about $1,163 at the low end and about $2,600 for a 4-bedroom apartment on the high end, according to Zumper. |
| How much do you have to make to rent an apartment in Arizona? | Verifiable employment through pay stubs and / or tax returns. Minimum income requirements are as follows: Monthly income must be 3 times the monthly rent amount. Example: Monthly rent is $800.00 = Monthly income must be a minimum of $2400. |
| Is it expensive to live in Arizona? | Arizona is not one of the more affordable states to live in. U.S. News & World Report's Affordability Rankings found Arizona to be the 29th most affordable state. That ranking measures the average cost of living in each state against the average amount of money most households in that state have. |
| How much do you have to make to rent in AZ? | Gross monthly income must be three (3) times the amount of the monthly rent. |
- Is Texas or Arizona cheaper?
Cost of Living
Before you move to another state, you need to ask yourself one important question, "How much more or less will it cost to live in the new state?" At 93.9, the cost of basic items in Texas is cheaper than in Arizona which is 6% more at 100. However, the property taxes in Texas can be exorbitant.
- What is average cost of a house in Oahu?
Hear this out loudPauseOahu, HI housing market
The median listing home price in Oahu, HI was $780K in September 2023, trending down -1.1% year-over-year. The median listing home price per square foot was $653. The median home sold price was $722.5K.
- How much money do I need to live in Oahu?
Typical Expenses
1 ADULT 2 ADULTS (BOTH WORKING) 0 Children 2 Children Required annual income after taxes $39,172 $103,807 Annual taxes $8,168 $22,312 Required annual income before taxes $47,339 $126,119
- What is the average rent for a one-bedroom apartment in honolulu
As of November 2023, the average rent in Honolulu, HI was $1,665/month. When you rent an apartment in Honolulu, you can expect to pay as little as $1,394 to as
- How much does it cost to live in an apartment in Hawaii?
In Honolulu county, the average single-family home price was $1.15 million for a single-family house and $515,500 for a condo. The average rent in Hawaii is around $1,630 for a one-bedroom apartment and $2,180 for a two-bedroom apartment.
- What is the cost of a home in Hawaii?
Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. As of December 2021, the median price of a home in Hawaii was $1.06 million, according to real estate firm Locations Hawaii. However, it also has the fourth lowest poverty rate.
- What does it cost to rent a house in hawaii
Browse 56 available homes for rent in Hawaii. View photos. Filter for price and location. Find your best fit with Homes.com.
- What is the average cost of a house in Hawaii?
Hawaii statistics
Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. As of December 2021, the median price of a home in Hawaii was $1.06 million, according to real estate firm Locations Hawaii. However, it also has the fourth lowest poverty rate.
- What is the average price for a house in Hawaii?
Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. As of December 2021, the median price of a home in Hawaii was $1.06 million, according to real estate firm Locations Hawaii. However, it also has the fourth lowest poverty rate.
- What is the average price of a single-family home in Honolulu?
- $798,149. The average Honolulu home value is $798,149, down 2.4% over the past year and goes to pending in around 21 days.
- What is the average price of a single-family home in Hawaii?
As of Q1 of 2022, the median home price in the United States was $428,700. In Hawaii, the median home price was $1.04 million. In Honolulu county, the average single-family home price was $1.15 million for a single-family house and $515,500 for a condo.
