BRRRR ★ MARKETS
27STAR SCORE

Urban Honolulu, HI rental market data (2026)

As of September 2026, the typical home in the Urban Honolulu metro costs $855,973 and typical rent is $3,015/month — a price-to-rent ratio of 24 and a gross rental yield of 4.2%. Urban Honolulu scores 27/100 on the Star Score index, ranking #174 of 174 tracked US rental markets.

The Urban Honolulu metro posts a price-to-rent ratio of 24 on a typical home value of $855,973 and typical rent of $3,015/month — a gross rental yield of 4.2% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.

New to this? The price-to-rent ratio is the home price divided by a year of rent — lower means rents are big relative to prices, which favors landlords. Gross yield is a year of rent as a % of the price, before expenses. BRRRR = Buy, Rehab, Rent, Refinance, Repeat: buy below market, fix it, rent it, then refinance to pull your cash back out and buy the next one. Full walkthrough in the beginner's guide.

Key numbers

MetricValue
Typical home value (ZHVI)$855,973
Typical rent (ZORI)$3,015/mo
Price-to-rent ratio24
Gross rental yield4.2%
Star Score27/100 ★½☆☆☆
Rank among tracked markets#174 of 174
Your buying power in Urban Honolulu

Why Urban Honolulu scores 27

FactorScoreWeight
Gross yield035%
Entry price (vs $100K reference budget)015%
Landlord-friendliness5015%
Equity growth2115%
Property-tax drag (inverted)10010%
Climate & insurance risk (inverted)6010%

More context: Living in Urban Honolulu — economy, industries & affordability

See how it stacks up in the full rankings — head-to-head pages cover the top 15 markets.

Investor-friendly agent working Urban Honolulu? Become this market's Featured Agent →

Assumable-mortgage pocket: 22.4% of HI's 2019-21 mortgage originations were government-backed (FHA/VA/USDA) — assumable by law, mostly at ~3% rates. VA loans can be assumed by non-veterans, including for investment purchases. The Assumability Index →

What would a rehab cost here?

National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:

Scope$/sq ftTypical house
Paint & refresh (cosmetic light)$15–25$21K–35K
Cosmetic full (floors, kitchen refresh, baths)$25–45$35K–63K
Full renovation (systems + finishes)$45–75$63K–105K
Gut / structural$75–120$105K–168K

Run your own numbers for Urban Honolulu in the BRRRR & rehab calculator. Run a rehab crew in Urban Honolulu? Founding crews list free →

Frequently asked questions

Is Urban Honolulu a good market for rental property in 2026?

Urban Honolulu scores 27/100 on the Star Score index (#174 of 174 tracked markets), with a gross rental yield of 4.2% at September 2026 prices. At current prices it works better as a place to live than a place to snowball rental equity.

What is the price-to-rent ratio in Urban Honolulu?

24 — the typical home value ($855,973) divided by a year of typical rent ($3,015/month × 12). Ratios under about 15 generally favor buying and landlording.

Is Urban Honolulu a good BRRRR market in 2026?

With a typical home at $855,973 and rent of $3,015/month (4.2% gross yield), Urban Honolulu can work for BRRRR in select submarkets, but higher prices or thinner yields mean deals need bigger discounts to snowball.

How much rent does the typical Urban Honolulu home earn?

Typical asking rent in the Urban Honolulu metro is $3,015 per month as of September 2026, per Zillow's Observed Rent Index.

Home values and rents: Zillow ZHVI / ZORI, September 2026 metro figures. Factor scores are editorial estimates on public data. Last reviewed October 2026. Not investment advice — verify locally before acting. Methodology & sources.