Rental market snapshot for Diamond Head-Kapahulu-St. Louis, Honokaa

Diamond Head-Kapahulu-St. Louis rental market summary

The rental market in Diamond Head-Kapahulu-St. Louis, Hawaii is showing signs of growth. In July of 2023, there were 58 new listings, a 10.7% increase from the same time last year. The median rent for the area also increased 4.7% from June of 2023 to July of 2023, and 10.7% from July of 2022 to July of 2023. This indicates that the rental market in the area is growing, and that demand for rental properties is increasing.

The increasing demand for rental properties in Diamond Head-Kapahulu-St. Louis, Hawaii is likely due to the area's desirable location. The area is close to beaches, restaurants, and other attractions, making it a desirable place to live. The increasing median rent is also likely due to the area's desirable location, as people are willing to pay more to live in a desirable area. The increasing number of new listings is also likely due to the area's desirable location, as more people are looking to rent in the area.

Median rent for all residential properties in Diamond Head-Kapahulu-St. Louis

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The most expensive listings and top trending buildings in Diamond Head-Kapahulu-St. Louis

Most Expensive Listings

AddressRent PriceBed / Bath
1638A Alencastre St$5,0003 / 1.5
2547 Ala Wai Blvd$3,5002 / 2.5
3128 Monsarrat Ave$3,2502 / 1.5
2211 Ala Wai Blvd$2,8501 / 1.0
320 Ainakea Way$2,8002 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$4,500

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Bedroom Breakdown in Diamond Head-Kapahulu-St. Louis

Studio
$1,200
MEDIAN RENT
1 Bedroom
$4,500
MEDIAN RENT
2 Bedroom
$3,425
MEDIAN RENT

Diamond Head-Kapahulu-St. Louis neighborhood apartments rents

The rental market for studios in Diamond Head-Kapahulu-St. Louis, Hawaii, is showing signs of a slight decrease in rent prices. In January 2023, there was only one new studio listing, and the median rent for studios was $1,200, which is 11.0% lower than the median rent in December 2022, which was $1,349. This suggests that the rental market in this area is cooling off, and renters may be able to find more affordable options in the near future.

The rental market for 1-bedroom apartments in Diamond Head-Kapahulu-St. Louis, Hawaii is experiencing a significant increase in rent prices. In June 2023, there was only one new 1-bedroom listing, and the median rent for 1-bedroom apartments was $4,500, a 168.7% increase from the median rent of $1,675 in May 2023. This indicates that the rental market in this area is becoming increasingly competitive, and renters should be prepared to pay higher prices for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Diamond Head-Kapahulu-St. Louis, Hawaii is showing signs of growth. In May 2023, there were 4 new 2-bedroom listings, indicating an increase in demand for rental units. The median rent for 2-bedroom apartments in May 2023 was $3,425, an 8.7% increase from the median rent in April 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their asking prices.

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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 Diamond Head-Kapahulu-St. Louis is $2,500.
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