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HONOLULU, HI

CitySAFMR
Honolulu County
Found 33 ZIPs
BRFMR
Eff. Rent
0 BR$1,540 – $2,810$1,690 – $2,520
1 BR$1,660 – $3,020$1,830 – $2,760
2 BR$2,170 – $3,960$2,360 – $3,460
3 BR$3,020 – $5,510$3,190 – $4,520
4 BR$3,640 – $6,640$3,170 – $6,210
5 BR$5,095
6 BR$5,859
7 BR$6,737
8 BR$7,748

Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
0.67ratio
FMR$1,970
Market$2,960
vs market-$990

FMR is below market; voucher rent may lag private rents.

Studio- 1 ZIP
0.78ratio
FMR$1,880
Market$2,410
vs market-$530

FMR is below market; voucher rent may lag private rents.

Studio- 2 ZIPs
0.81-0.85ratio range
Median FMR$1,620
Median Market$1,945
vs market-$325

FMR is below market; voucher rent may lag private rents.

Studio- 2 ZIPs
0.86ratio range
Median FMR$1,975
Median Market$2,290
vs market-$315

FMR is below market; voucher rent may lag private rents.

Studio- 23 ZIPs
0.91-0.93ratio range
Median FMR$1,880
Median Market$2,060
vs market-$180

FMR is near market; voucher and private rents are aligned.

23
Studio- 1 ZIP
0.99ratio
FMR$1,780
Market$1,800
vs market-$20

FMR is near market; voucher and private rents are aligned.

Studio- 1 ZIP
1.12ratio
FMR$2,810
Market$2,520
vs market+$290

FMR is above market; underwrite to market rent.

Studio- 1 ZIP
1.22ratio
FMR$2,520
Market$2,060
vs market+$460

FMR is above market; underwrite to market rent.

Studio- 1 ZIP
1.32ratio
FMR$2,420
Market$1,830
vs market+$590

FMR is above market; underwrite to market rent.

0.67-1.32
1 BR
1 BR- 1 ZIP
0.65ratio
FMR$2,110
Market$3,270
vs market-$1,160

FMR is below market; voucher rent may lag private rents.

1 BR- 1 ZIP
0.69ratio
FMR$2,010
Market$2,920
vs market-$910

FMR is below market; voucher rent may lag private rents.

1 BR- 1 ZIP
0.74ratio
FMR$1,660
Market$2,240
vs market-$580

FMR is below market; voucher rent may lag private rents.

1 BR- 3 ZIPs
0.83-0.86ratio range
Median FMR$1,920
Median Market$2,240
vs market-$320

FMR is below market; voucher rent may lag private rents.

1 BR- 23 ZIPs
0.86-0.90ratio range
Median FMR$2,010
Median Market$2,240
vs market-$230

FMR is below market; voucher rent may lag private rents.

23
1 BR- 1 ZIP
0.92ratio
FMR$1,750
Market$1,910
vs market-$160

FMR is near market; voucher and private rents are aligned.

1 BR- 1 ZIP
1.09ratio
FMR$3,020
Market$2,760
vs market+$260

FMR is near market; voucher and private rents are aligned.

1 BR- 2 ZIPs
1.12-1.15ratio range
Median FMR$2,655
Median Market$2,350
vs market+$305

FMR is above market; underwrite to market rent.

0.65-1.15
2 BR
2 BR- 1 ZIP
0.64ratio
FMR$2,770
Market$4,330
vs market-$1,560

FMR is below market; voucher rent may lag private rents.

2 BR- 2 ZIPs
0.71-0.73ratio range
Median FMR$2,405
Median Market$3,360
vs market-$955

FMR is below market; voucher rent may lag private rents.

2 BR- 1 ZIP
0.74ratio
FMR$2,510
Market$3,370
vs market-$860

FMR is below market; voucher rent may lag private rents.

2 BR- 22 ZIPs
0.77-0.81ratio range
Median FMR$2,640
Median Market$3,250
vs market-$610

FMR is below market; voucher rent may lag private rents.

22
2 BR- 1 ZIP
0.91ratio
FMR$3,050
Market$3,340
vs market-$290

FMR is near market; voucher and private rents are aligned.

2 BR- 3 ZIPs
0.95-0.96ratio range
Median FMR$2,320
Median Market$2,440
vs market-$120

FMR is near market; voucher and private rents are aligned.

2 BR- 1 ZIP
1.08ratio
FMR$3,550
Market$3,280
vs market+$270

FMR is near market; voucher and private rents are aligned.

2 BR- 1 ZIP
1.14ratio
FMR$3,960
Market$3,460
vs market+$500

FMR is above market; underwrite to market rent.

2 BR- 1 ZIP
1.26ratio
FMR$3,410
Market$2,700
vs market+$710

FMR is above market; underwrite to market rent.

0.64-1.26
3 BR
3 BR- 1 ZIP
0.69ratio
FMR$3,850
Market$5,600
vs market-$1,750

FMR is below market; voucher rent may lag private rents.

3 BR- 3 ZIPs
0.83-0.85ratio range
Median FMR$3,490
Median Market$4,170
vs market-$680

FMR is below market; voucher rent may lag private rents.

3 BR- 2 ZIPs
0.86-0.90ratio range
Median FMR$3,470
Median Market$3,945
vs market-$475

FMR is below market; voucher rent may lag private rents.

3 BR- 21 ZIPs
0.95-0.96ratio range
Median FMR$3,670
Median Market$3,880
vs market-$210

FMR is near market; voucher and private rents are aligned.

21
3 BR- 2 ZIPs
1.00-1.01ratio range
Median FMR$3,285
Median Market$3,260
vs market+$25

FMR is near market; voucher and private rents are aligned.

3 BR- 1 ZIP
1.09ratio
FMR$4,940
Market$4,520
vs market+$420

FMR is near market; voucher and private rents are aligned.

3 BR- 1 ZIP
1.17ratio
FMR$4,240
Market$3,630
vs market+$610

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP
1.32ratio
FMR$5,510
Market$4,170
vs market+$1,340

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP
1.43ratio
FMR$4,740
Market$3,310
vs market+$1,430

FMR is above market; underwrite to market rent.

0.69-1.43
4 BR
4 BR- 1 ZIP
0.67ratio
FMR$4,650
Market$6,970
vs market-$2,320

FMR is below market; voucher rent may lag private rents.

4 BR- 1 ZIP
0.73ratio
FMR$3,640
Market$5,010
vs market-$1,370

FMR is below market; voucher rent may lag private rents.

4 BR- 1 ZIP
0.73ratio
FMR$4,160
Market$5,690
vs market-$1,530

FMR is below market; voucher rent may lag private rents.

4 BR- 1 ZIP
0.86ratio
FMR$4,210
Market$4,920
vs market-$710

FMR is below market; voucher rent may lag private rents.

4 BR- 2 ZIPs
0.94-0.95ratio range
Median FMR$5,195
Median Market$5,500
vs market-$305

FMR is near market; voucher and private rents are aligned.

4 BR- 1 ZIP
1.10ratio
FMR$3,890
Market$3,530
vs market+$360

FMR is above market; underwrite to market rent.

4 BR- 2 ZIPs
1.16-1.19ratio range
Median FMR$4,120
Median Market$3,505
vs market+$615

FMR is above market; underwrite to market rent.

4 BR- 22 ZIPs
1.21-1.24ratio range
Median FMR$4,430
Median Market$3,630
vs market+$800

FMR is above market; underwrite to market rent.

22
4 BR- 1 ZIP
1.32ratio
FMR$5,720
Market$4,340
vs market+$1,380

FMR is above market; underwrite to market rent.

4 BR- 1 ZIP
1.36ratio
FMR$5,120
Market$3,760
vs market+$1,360

FMR is above market; underwrite to market rent.

0.67-1.36
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for HONOLULU, HI (HI) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

HONOLULU, HI fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for HONOLULU, HI shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,640 and the 4 bedroom fair market rent is $4,430.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for HONOLULU, HI
Bedroom sizeHUD FMR
Studio$1,880
1 bedroom$2,010
2 bedroom$2,640
3 bedroom$3,670
4 bedroom$4,430