Urban Honolulu, HI Metro Area - Investment Guide

Metro Area • 18 Cities • 28 ZIP Codes

Avg Home Value $968,041
Avg Monthly Rent $2,854
Avg Cap Rate 2.51%
Avg Investability 2.6 ★
Cities 18
ZIP Codes 28

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🏦 30-yr Fixed Rate: 7.28% as of Oct 1 Source: Freddie Mac PMMS
❄️
COOL MARKET
Urban Honolulu, HI Metro Area
More inventory, negotiating room for buyers
70 days
Average time to sell
Slow
5.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of September 19, 2026 — updated weekly

Best ZIP codes in Urban Honolulu, HI

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Urban Honolulu, HI

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
96782 Pearl City HI $919,484 $2,483 2.11% 3.0 ★
96706 Ewa Beach HI $818,659 $3,493 3.33% 3.0 ★
96792 Waianae HI $583,003 $2,336 3.13% 3.0 ★
96730 Kaaawa HI $1,057,748 $2,016 1.49% 3.0 ★
96815 Honolulu HI $503,105 $2,820 4.37% 3.0 ★
96731 Kahuku HI $1,069,072 $1,980 1.44% 3.0 ★
96786 Wahiawa HI $826,233 $2,424 2.29% 3.0 ★
96821 Honolulu HI $1,833,930 $4,198 1.79% 3.0 ★
96707 Kapolei HI $850,766 $3,285 3.01% 3.0 ★
96712 Haleiwa HI $1,583,501 $5,133 2.53% 3.0 ★
96797 Waipahu HI $876,776 $2,876 2.56% 3.0 ★
96734 Kailua HI $1,533,038 $3,900 1.98% 3.0 ★
96817 Honolulu HI $819,265 $2,356 2.24% 3.0 ★
96789 Mililani HI $861,962 $2,673 2.42% 3.0 ★
96791 Waialua HI $990,920 $2,610 2.05% 3.0 ★
96825 Honolulu HI $1,245,131 $4,124 2.58% 3.0 ★
96717 Hauula HI $826,998 $2,511 2.37% 3.0 ★
96744 Kaneohe HI $1,087,770 $3,449 2.47% 3.0 ★
96762 Laie HI $1,260,704 $2,772 1.72% 3.0 ★
96701 Aiea HI $829,351 $2,489 2.34% 3.0 ★
96792 Waianae HI $570,200 $2,258 3.09% 3.0 ★
96730 Kaaawa HI $1,029,486 $2,016 1.53% 3.0 ★
96814 Honolulu HI $645,108 $3,316 4.01% 3.0 ★
96731 Kahuku HI $1,060,962 $1,980 1.46% 3.0 ★
96815 Honolulu HI $505,119 $2,774 4.28% 3.0 ★
96782 Pearl City HI $941,969 $2,459 2.04% 3.0 ★
96821 Honolulu HI $1,773,348 $3,195 1.41% 3.0 ★
96706 Ewa Beach HI $824,108 $3,414 3.23% 3.0 ★
96795 Waimanalo HI $1,052,129 $1,854 1.37% 3.0 ★
96707 Kapolei HI $858,116 $3,380 3.07% 3.0 ★
96797 Waipahu HI $845,656 $2,663 2.46% 3.0 ★
96734 Kailua HI $1,477,575 $3,578 1.89% 3.0 ★
96786 Wahiawa HI $850,974 $2,285 2.09% 3.0 ★
96822 Honolulu HI $652,634 $1,963 2.35% 3.0 ★
96825 Honolulu HI $1,223,372 $3,695 2.36% 3.0 ★
96712 Haleiwa HI $1,660,456 $4,267 2.00% 3.0 ★
96744 Kaneohe HI $1,053,100 $3,190 2.36% 3.0 ★
96817 Honolulu HI $827,290 $2,374 2.24% 3.0 ★
96789 Mililani HI $875,384 $2,870 2.56% 3.0 ★
96791 Waialua HI $1,038,278 $3,592 2.70% 3.0 ★
96717 Hauula HI $869,252 $2,511 2.25% 3.0 ★
96814 Honolulu HI $637,717 $2,713 3.32% 3.0 ★
96762 Laie HI $1,225,356 $2,772 1.76% 3.0 ★
96782 Pearl City HI $919,484 $2,483 2.11% 3.0 ★
96701 Aiea HI $828,177 $2,752 2.59% 3.0 ★
96792 Waianae HI $574,944 $2,239 3.04% 3.0 ★
96730 Kaaawa HI $1,074,240 $2,016 1.46% 3.0 ★
96815 Honolulu HI $501,012 $2,745 4.27% 3.0 ★
96731 Kahuku HI $1,057,882 $1,980 1.46% 3.0 ★
96816 Honolulu HI $1,239,232 $2,959 1.86% 3.0 ★
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About Urban Honolulu, HI Real Estate Market

The Urban Honolulu, HI metropolitan statistical area (MSA) encompasses 18 cities and 28 ZIP codes. The average home value across the metro is $968,041, with an average monthly rent of $2,854. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.