Average Rent in Urban Honolulu, HI
The Fair Market Rent for a 2-bedroom in Urban Honolulu, HI is $2,642 per month, based on HUD data. With a median household income of $104,264, a household would spend 30.4% of income on housing at Fair Market Rent. Rent has increased 17.3% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,877 |
| 1 Bedroom | $2,016 |
| 2 Bedroom | $2,642 |
| 3 Bedroom | $3,674 |
| 4 Bedroom | $4,432 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $104,264 |
| Rent Burden (2BR FMR / Income) | 30.4% |
| Income Needed for 2BR (30% rule) | $105,680/yr |