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Honolulu County/Honolulu/96826

96826

ZIPSAFMR
Honolulu County, HI
Zillow

ZIP Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$1,750$1,910
1 BR$1,860$2,040
2 BR$2,420$2,490
3 BR$3,350$3,330
4 BR$4,040$3,380
5 BR$4,646Not available
6 BR$5,343Not available
7 BR$6,144Not available
8 BR$7,066Not available

Purchase Price Calculator

Maximum purchase price
$308,096

Cost breakdown

+Likely effective rent$2,490
HUD FMR$2,420
Market rent$2,530
Est. payment standard (103%)Used$2,490
-Principal and interest-$1,558
Loan amount$246,477
Down payment$61,619
Rate6.50%
Term30 years
-Operating costs-$732
Property taxes-$308
Insurance-$175
Utilities$0
HOA$0
Management-$249
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,720(64.5% ROI)
Projected value
$331,786
Return breakdown
Property appreciation+$23,690
Loan principal paid down+$8,831
Rental cash flow+$7,200
5-year hold
+$68,234(110.7% ROI)
Projected value
$348,583
Return breakdown
Property appreciation+$40,486
Loan principal paid down+$15,747
Rental cash flow+$12,000
10-year hold
+$147,816(239.9% ROI)
Projected value
$394,390
Return breakdown
Property appreciation+$86,293
Loan principal paid down+$37,523
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.88
1 BR
0.87
2 BR
0.96
3 BR
1.01
4 BR
1.20
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 96826 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 96826 (Honolulu, HI) is $2,420 a month. That is up 0.8% from $2,400 in FY 2026. Honolulu is in the Urban Honolulu, HI MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 60 ZIP codes in Honolulu County, 96826 has the 53rd-highest two-bedroom rent (county range $2,080–$3,810). The median county two-bedroom FMR in Hawaii is $2,326, so ZIP 96826 is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 96826
BedroomsFY 2027Change90–110% range
Studio$1,750+2.9%$1,575–$1,925
1BR$1,860+1.6%$1,674–$2,046
2BR$2,420+0.8%$2,178–$2,662
3BR$3,350+0.3%$3,015–$3,685
4BR$4,040+0.2%$3,636–$4,444

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 96826
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,750$1,860$2,420$3,350$4,040
FY 2026$1,700$1,830$2,400$3,340$4,030
FY 2025$1,730$1,890$2,470$3,460$4,150
FY 2024$1,550$1,700$2,220$3,130$3,770
FY 2023$1,480$1,630$2,130$3,030$3,630

Two-bedroom rent in nearby Honolulu County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 96826
96817$2,200−9.1%
96818$3,450+42.6%
96819$2,460+1.7%
96820$2,540+5.0%
96821$3,450+42.6%
96822$2,520+4.1%
96823$2,540+5.0%
96824$2,540+5.0%
96825$3,810+57.4%
96826Current$2,420—
96828$2,540+5.0%
96830$2,540+5.0%

Questions about ZIP 96826 rents

How much will Section 8 pay for a two-bedroom in ZIP 96826?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,420, that basic range is $2,178 to $2,662 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 96826 in?

ZIP 96826 is in the Urban Honolulu, HI MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 96826 for FY 2027?

The two-bedroom FMR rose 0.8%, from $2,400 in FY 2026 to $2,420 in FY 2027. Since FY 2023 it has risen 13.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentHonolulu, HI fair market rentHI statewide rentsWhat is SAFMR?Data sources