|Rent Price||May||vs Last Month|
|1 bed apartments||$1,988||-11.6%|
|2 bed apartments||$2,360||+2.3%|
|4+ bed apartments||$1,509||-3.4%|
Over the May 2020, the average rent for an apartment in/near Waikiki, Honolulu, HI decreased by 5.3% to $1,902.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 11.6% to $1,988. Pricing for 2-bed apartment also increased by 2.3% and a place of this size will now cost you $2,360. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 3.4% and made it down to $1,509.
|Rent Type Price||May||vs Last Month|
The median rent for an apartment in Waikiki, Honolulu, HI decreased by 8.3% to $2,400. Statistics show that house rent price decreased by 7.4% this month making it up to $750. Condos faced an upward trend these days. The median rent for a condo decreased by 5.8%, it’s now available for $1,911. The median rent for a loft faced changes as well, it increased by 8.7%, the price tag now starts at$3,300. An average room will now go for $1,000, the median rent price for a room decreased by 6.5%.