Honolulu County

Hawaii ยท Pop. 1,016,508

Ranked #195 of 200 counties

16Crisis

Median Home Price

๐Ÿ 

$850K

2.0% YoY

Median Rent

๐Ÿ”‘

$2,400

Median Income

๐Ÿ’ฐ

$88K

Rent Burden

๐Ÿ“Š

34.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

8,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

3,500

Price-to-Income Ratio

โš–๏ธ

9.7x

Homeownership Rate

๐Ÿก

56.0%

How Honolulu County Compares

MetricHonolulu CountyHawaiiNational
Home Price$850K$846K$410K
Rent$2,400$1,940$1,500
Income$88K$95K$75K
Rent Burden34.5%42.0%30.0%
Homeownership56.0%62.0%65.0%

Key Takeaways

  • โ€ข Home prices are 107% above the national average.
  • โ€ข Rent is 60% above the national average.
  • โ€ข The county has an estimated housing shortage of 8,000 units.
  • โ€ข 3,500 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 2.0%.