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.


Economy:

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.