Is Urban Honolulu, HI a good place to invest in rental property?

Urban Honolulu, HI has a median modeled monthly cash flow of $-2,765 and a median cap rate of 1.5%, on a median sold price of $714,000. Prices changed +23.6% year over year.

What is the average cap rate in Urban Honolulu, HI?

The median cap rate across recently sold homes in Urban Honolulu, HI is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Urban Honolulu, HI?

The median sold price in Urban Honolulu, HI is $714,000 (about $897 per square foot).

Investing in Urban Honolulu, HI Real Estate

A data-driven snapshot of the Urban Honolulu, HI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$714,000Median sold price

$897Median $/sqft

1.5%Median cap rate

$-2,765Modeled cash flow / mo

+23.6%Appreciation YoY

19.3Months of supply

3,094Active listings

1,928Sold (last 12 mo)

What the Urban Honolulu numbers say

In Urban Honolulu, HI, the median home sold for $714,000 (about $897 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,765 of monthly cash flow. Sold prices moved +23.6% over the past year. Inventory sits at about 19.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 10 fix-and-flip deals in Urban Honolulu — listings where the estimated after-repair value beats list price + rehab.

Other Hawaii markets to compare

See Urban Honolulu cash-flowing listings

CashFlowRE ranks every for-sale home in Urban Honolulu, HI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Urban Honolulu deals, or browse the national market data.