Apartments for Rent in Waikiki, Urban Honolulu, HI

Waikiki, Urban Honolulu apartment availability

Waikiki's rental market offers a very strong selection of listings, with an average of 313 rentals available each month in 2024. The majority of rentals are studios and 1-bedroom apartments, making up about 73% of the total listings. Many of these apartments offer desirable amenities, including in-unit laundry, swimming pools, and air conditioning. Specifically, about 35% of apartments have in-unit laundry, 48% have access to a swimming pool, and 35% have air conditioning. With its high concentration of rentals and range of amenities, Waikiki is a popular choice for renters in Urban Honolulu.

Waikiki, Urban Honolulu rental market trends

The Waikiki rental market experienced a 5.55% year-over-year increase, with the average monthly rent reaching $2,888. 1-bedrooms averaged $2,727 per month, a 5.87% annual increase, while 2-bedrooms saw a more significant jump of 7.49% to $4,038. Studios averaged $2,137, a 7.63% increase. Conversely, 3-bedrooms experienced a 6.29% decrease, averaging $6,230.

Rents in Waikiki tend to be highest in January, with a 9.75% increase compared to May, the month with the lowest average rent. This suggests that renters may find better deals during the spring. In terms of competition, understanding the market's fluctuations can help renters navigate the area's rental landscape. By considering these trends, renters can make informed decisions about their housing search in Waikiki.

Waikiki, Urban Honolulu architectural style

Waikiki's skyline is characterized by a prevalence of high-rise buildings, which make up the majority of the neighborhood's architectural landscape. These towering structures offer residents a unique blend of urban convenience and stunning ocean views. Living in a Waikiki high-rise means enjoying modern amenities, such as elevators, secure entry systems, and sleek designs, all within walking distance to world-famous beaches, restaurants, and entertainment venues. With many high-rises offering luxurious finishes and resort-style amenities, residents can experience the best of urban living in one of Honolulu's most iconic neighborhoods. Architectural style in Waikiki,Urban Honolulu is representative of a subset of listings available on Zumper over the last few years.

Why Waikiki, Urban Honolulu is a great place to live

Waikiki is a top choice for renters who prioritize pet friendliness and social living. According to data, apartments in Waikiki often feature pet-friendly amenities such as pet waste stations, designated pet spaces, pet-safe windows, and pet grooming services. Additionally, many buildings allow pets without restrictions, and there are nearby dog parks for convenient exercise and socialization. Waikiki's social scene is also thriving, with a high walk score, well-developed street infrastructure, and a range of restaurants to choose from. With its strong safety record and frequent transit options, Waikiki is an ideal neighborhood for renters who value community and convenience.