Hawaii Apartments For Rent
Apartments for rent in Hawaii are more expensive than the national average. The price of a studio averages $1221 per month, which is $196 above the national average. The price of a one-bedroom averages $1267 per month, which is $406 above the national average. The reason that studio apartments for rent in Hawaii cost nearly the same as one-bedrooms is that a lot more studios tend to be rented in high-priced areas, whereas in lower-rent areas the smallest apartments you're likely to find are one-bedrooms.
Larger Hawaii apartment rentals follow the same trends. The price of a two-bedroom averages $2111 per month, which is $1055 above the national average. The price of a three-bedroom averages $2422 per month, which is $1109 above the national average.
If you're searching for a Hawaii apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive Hawaii apartments for rent are in Honolulu.
Much of Hawaii's economy is derived from tourism, which has been a major economic engine since it received statehood in 1959. Nearly 25 percent of Hawaii's economic activity comes from tourists. Government comes in a close second to tourism in terms of employment sectors, and agricultural production of crops like coffee, macadamia nuts and pineapples comes in a distant third. Hawaii's median income is the fifth highest in the United States.
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