Honolulu is the 109th largest multifamily market with 22,300 completed units and 7,349 units in development, 1,237 of which have already broken ground, as of December 2021.
Honolulu Multifamily Market Summary – December 2021
New lease asking rents are at $2,362, up 13.6%▲
from the previous year placing Honolulu at 41st
overall in year-over-year rent growth.
