Rental market snapshot for Ala Moana-Kakaako, Honokaa

Ala Moana-Kakaako rental market summary

The rental market in Ala Moana-Kakaako, Hawaii, is showing signs of growth. In July 2023, there were 171 new listings, indicating an increase in demand for rental properties in the area. The median rent for the area also increased from $3,400 in June 2023 to $3,500 in July 2023, representing a 2.9% increase. This is a significant increase compared to the median rent of $2,800 in July 2022, which is a 25.0% increase. This suggests that the rental market in Ala Moana-Kakaako is becoming increasingly competitive, with more people looking to rent in the area.

Overall, the rental market in Ala Moana-Kakaako is showing signs of growth and increasing demand. The number of new listings and the median rent have both increased significantly over the past year, indicating that more people are looking to rent in the area. This is likely due to the area's proximity to Honolulu and its many amenities, making it an attractive place to live. As the rental market continues to grow, it is likely that the median rent will continue to increase, making it more difficult for renters to find affordable housing in the area.

Median rent for all residential properties in Ala Moana-Kakaako

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Ala Moana-Kakaako

Most Expensive Listings

AddressRent PriceBed / Bath
1388 Ala Moana Blvd$16,5002 / 2.5
1388 Ala Moana Blvd$16,0002 / 2.5
1118 Ala Moana Blvd$9,0002 / 2.0
1288 Ala Moana Blvd$9,0002 / 2.0
1000 Auahi St$7,6503 / 3.0

Top Trending Buildings

building nameavg rent price
Zillow$1,675

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Ala Moana-Kakaako

Studio
$1,500
MEDIAN RENT
1 Bedroom
$1,600
MEDIAN RENT
2 Bedroom
$2,600
MEDIAN RENT

Ala Moana-Kakaako neighborhood apartments rents

The rental market for studios in Ala Moana-Kakaako, Hawaii appears to be relatively stable, with only three new listings in April 2023 and a median rent of $1,500. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in this area.

The rental market for 1-bedroom apartments in Ala Moana-Kakaako, Hawaii, is in flux. In May 2023, there were 4 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 46.7% from April 2023 to May 2023, from $3,000 to $1,600. This suggests that the rental market is becoming more competitive, with more options available for renters.

The rental market for 2-bedroom apartments in Ala Moana-Kakaako, Hawaii is expected to be relatively stable in June 2023, with only one new listing and a median rent of $2,600. This is a 25.7% decrease from the median rent of $3,499 in April 2023. This suggests that the rental market in this area is likely to remain steady in the near future.

Explore other Honokaa Neighborhoods

Diamond Head-Kapahulu-St. Louis
Nuuanu-Punchbowl
Waikiki
McCully-Moiliili
Makiki-Lower Punchbowl-Tantalus
Hawaii Kai

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Ala Moana-Kakaako is $3,500.
Made withDataherald