Apartments for Rent in Makiki - Lower Punchbowl - Tantalu, Urban Honolulu, HI

Makiki - Lower Punchbowl - Tantalu, Urban Honolulu apartment availability

Makiki - Lower Punchbowl - Tantalu offers a strong selection of rental listings, with an average of 124 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom units. Many of these apartments offer convenient amenities, including on-site laundry (available in 34.6% of apartments), air conditioning (available in 23.1% of apartments), and in-unit laundry (available in 38.7% of apartments). With its diverse range of rentals and amenities, Makiki - Lower Punchbowl - Tantalu is a popular neighborhood for renters in Urban Honolulu.

Makiki - Lower Punchbowl - Tantalu, Urban Honolulu rental market trends

The Makiki - Lower Punchbowl - Tantalu neighborhood in Urban Honolulu saw a significant increase in rent prices last year, with an average monthly rent of $1,855, reflecting a 10.5% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,564 per month, a 3.9% increase from the previous year, while 2-bedrooms averaged $2,348, a 4.3% increase. Studios, on the other hand, remained relatively stable, with a slight decrease of 0.05% to $1,406 per month.

Summer is peak season in Makiki - Lower Punchbowl - Tantalu, with July typically seeing the highest rent prices, 15.6% higher than January, the month with the lowest rent. If you're looking for a new apartment, be prepared for more competition during the summer months. Conversely, if you're searching during the winter, you may find more affordable options, with January offering the lowest rent prices. Keep in mind that the rental market can fluctuate, but overall, Makiki - Lower Punchbowl - Tantalu remains a desirable neighborhood with a competitive rental market.

Why Makiki - Lower Punchbowl - Tantalu, Urban Honolulu is a great place to live

Makiki - Lower Punchbowl - Tantalu is a top choice for renters prioritizing social living in Urban Honolulu. According to 2024 data, the neighborhood's high walk score, abundance of restaurants, and well-developed street infrastructure make it an ideal spot for those who value being out and about. Additionally, its transit frequency and safety features contribute to its appeal for social enthusiasts. With these amenities, Makiki - Lower Punchbowl - Tantalu offers a convenient and enjoyable lifestyle for renters looking to stay connected and engaged with their community.