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RentData.org Logo Urban Honolulu Fair Market Rent FY 2021 Urban Honolulu, HI MSA Rental Data

Fair Market Rent Prices in Urban Honolulu, HI :
$1,433 $1,577 $2,073 $2,967 $3,589
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Urban Honolulu are very high compared to the national average. This FMR area is more expensive than 99% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Urban Honolulu is $2,073 per month.

The previous year, rent for a two-bedroom home was $2,160 per month. This is a 4.03% decrease year-over-year.

This FMR rate applies to Fort Shafter, HI, Camp H M Smith, HI, Wake Island, HI, Tripler Army Medical Center, HI, Wheeler Army Airfield, HI, Kunia, HI, Schofield Barracks, HI, Kaaawa, HI, J B P H H, HI, Kahuku, HI and other cities within the region. The Metro Code or CBSA code for this region is METRO46520M46520.

Additionally, This Fair Market Rent (FMR) area Urban Honolulu, HI MSA spans one county or city in Hawaii which is listed in the table below. Estimated population of Urban Honolulu, HI MSA FMR area is 990,060 people based on latest Census data.

Compared to the rest of Hawaii, the Urban Honolulu FMR area is more expensive than 100% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Urban Honolulu. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Urban Honolulu

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1579
1-BR 1-Bedroom $ 1738
2-BR 2-Bedroom $ 2285
3-BR 3-Bedroom $ 3270
4-BR 4-Bedroom $ 3956
Change Year:

There is just one county (listed below) within the Urban Honolulu, HI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Honolulu.

County / Region Est. Population
Urban Honolulu, HI Metro 990,060
Zip Codes in Urban Honolulu, HI MSA

There are 61 unique zip codes in this Fair Market Rent (FMR) area:

96701, 96706, 96707, 96709, 96712, 96717, 96730, 96731, 96734, 96744, 96759, 96762, 96782, 96786, 96789, 96791, 96792, 96795, 96797, 96801, 96802, 96803, 96804, 96805, 96806, 96807, 96808, 96809, 96810, 96811, 96812, 96813, 96814, 96815, 96816, 96817, 96818, 96819, 96820, 96821, 96822, 96823, 96824, 96825, 96826, 96828, 96830, 96836, 96837, 96839, 96848, 96850, 96853, 96854, 96857, 96858, 96859, 96860, 96861, 96863 and 96898

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