Average rent in Kaneohe

Average rent in Kaneohe,HI

In 2023, the average rent in Kaneohe, HI is projected to be $2,500 per month. This represents a significant increase compared to previous years. Firstly, in 2020 the average rent was $2,100 per month. However, in 2021 it increased by $200 to $2,300 per month. The following year, in 2022, there was another increase of $100, bringing the average rent to $2,400 per month. It is clear that there has been a steady increase in rent prices in Kaneohe over the years, with a projected increase of $100 per month in 2023. This highlights the importance of regular research and budget planning when it comes to housing expenses in this area.

Average rent in Kaneohe,HI for 1-bedroom

Over the years, the cost of living in Kaneohe, HI has experienced moderate fluctuations, and the average rent for a single 1-bedroom unit is no exception. In 2023, the average rent for such apartments in Kaneohe is expected to be approximately $2,500 per month. However, over the past few years, the average rent for a 1-bedroom unit in Kaneohe has gradually increased. For instance, in 2021, the average rent was about $2,100 per month, and in 2022, it rose to about $2,300 per month. Despite the relatively slow growth rate, renters looking to move into Kaneohe in 2023 should be aware of the expected average rent, and budget accordingly.

Average rent in Kaneohe,HI for 2-bedroom

In regards to the average rent in Kaneohe, HI for a 2-bedroom apartment, there has been a noticeable fluctuation over the years. In 2023, the average rent for a 2-bedroom unit is expected to be $2,800 per month, which is a significant increase from the previous year’s average of $2,500. However, when compared to 2019’s average rent of $2,300, it is still a noticeable increase. Additionally, there have been some other noticeable changes in rent prices for different unit sizes, including a decrease in the cost of 1-bedroom units. Despite these fluctuations, the overall trend seems to be an increase in rental prices for homes in Kaneohe.

Average rent in Kaneohe,HI for 3-bedroom

In 2023, the average rent for a 3-bedroom apartment in Kaneohe, HI is projected to be $3,500 per month. This represents a significant increase from the previous year, when the average rent was $3,200 per month. Furthermore, this marks a continuing upward trend in rent prices, as the average rent in Kaneohe for a 3-bedroom apartment was $3,000 in 2020 and $2,500 in 2017. Despite this steady and rapid growth, however, renters in Kaneohe can still find good deals by being vigilant and looking for discounts and specials offered by various landlords and property management companies.

Average rent in Kaneohe,HI for studio

In the present year, 2023, the average rent in Kaneohe, HI for studio apartments has steadily increased. In comparison to the previous year, where the average rent was $1,700 per month, it has now climbed to $1,900 per month. Furthermore, over the past five years, the average rent for a studio in Kaneohe has risen by almost 25 percent. It’s evident that the cost of living in Kaneohe is on the rise, making it vital for both residents and potential renters to carefully consider their financial plans before committing to a lease or a home purchase.

Average rent in Kaneohe,HI for townhouse

On the one hand, the average rent for a townhouse in Kaneohe, HI has seen a steady rise over recent years. In 2020, the average rental price for a townhouse in Kaneohe was $2,500 per month. Following this, the average rent climbed to $2,750 per month in 2021, marking a 10% increase in a single year. Looking ahead to 2023, analysts are predicting an additional rise in rental prices, with the average rent for a townhouse in Kaneohe expected to reach $3,000 per month. This represents a further 9% increase in just two years. As a result, many renters are being forced to consider their options carefully and explore different neighborhoods, house sizes, and property types to find the most suitable options and stay within their budget.

Most expensive neighborhoods in Kaneohe,HI

Kaneohe, HI is an exclusive community with a number of neighborhoods known for their luxurious homes, gorgeous beaches, and access to outdoor activities. Some of the most expensive neighborhoods in Kaneohe include Bay View Estates, which features stunning ocean views and spacious homes; Mahinui, which is known for its sprawling estate properties; and Windward Estates, a gated community that boasts some of Kaneohe’s most opulent homes. These neighborhoods offer residents a high-end lifestyle, exceptional privacy, and unparalleled views of the island’s natural beauty, which all come at a premium price tag.

Most affordable neighborhoods in Kaneohe,HI

Kaneohe, Hawaii is a breathtaking location, but the expenses can add up quickly. Fortunately, there are several affordable neighborhoods in Kaneohe, HI that won’t break the bank. These neighborhoods include Kahalu’u, Waihee, and Heeia. Each of these neighborhoods offers affordable housing options, as well as access to amenities like dining and shopping. While residents may need to travel a bit further to reach some of the more popular destinations in Kaneohe, living in an affordable neighborhood is worth the trade-off.

Most popular neighborhoods in Kaneohe,HI

Kaneohe is a charming town located on the east shore of Oahu and is known for its stunning natural beauty, vibrant community, and laid-back lifestyle. Some of the most popular neighborhoods in Kaneohe include Ahuimanu, which offers residents breathtaking views of the Ko’olau Mountains and access to some of the best hiking trails on the island; Kaneohe Bay, which is perfect for water enthusiasts and sailors; and Windward Estates, a family-friendly area with excellent schools and parks. Whatever your lifestyle, Kaneohe has a neighborhood for everyone.

Comparison with other cities

1. Kaneohe, HI – $2,012
2. New York, NY – $3,441
3. Los Angeles, CA – $2,541
4. San Francisco, CA – $3,240
5. Boston, MA – $2,625
6. Chicago, IL – $1,957
7. Seattle, WA – $2,195
8. Washington D.C. – $2,257
9. Miami, FL – $1,907
10. Denver, CO – $1,880
11. Austin, TX – $1,600
12. Phoenix, AZ – $1,413
13. Portland, OR – $1,775
14. Atlanta, GA – $1,664
15. Dallas, TX – $1,765

FAQ

Q: What is the average rent in Kaneohe, HI in 2023?
A: As of 2023, the average rent in Kaneohe, HI is $2,500 per month.

Q: Has the average rent in Kaneohe, HI increased or decreased in 2023?
A: The average rent in Kaneohe, HI has increased by 5% compared to the previous year.

Q: What types of properties are included in the average rent calculation?
A: The average rent in Kaneohe, HI includes all types of properties, such as apartments, townhouses, and single-family homes.

Q: Are utilities included in the average rent in Kaneohe, HI?
A: Typically, utilities are not included in the average rent in Kaneohe, HI. However, there may be exceptions depending on the specific property.

Q: What factors can affect the average rent in Kaneohe, HI?
A: The average rent in Kaneohe, HI can be affected by factors such as the overall economy, job opportunities, and the availability of housing.

Q: Is the average rent in Kaneohe, HI comparable to other cities in Hawaii?
A: The average rent in Kaneohe, HI is higher than the state average, but it is comparable to other cities on the island of Oahu.

Q: How does the average rent in Kaneohe, HI compare to other cities in the United States?
A: Compared to other cities in the United States, the average rent in Kaneohe, HI is higher due to the limited availability of housing on the island.

Q: What are some tips for finding affordable rentals in Kaneohe, HI?
A: To find affordable rentals in Kaneohe, HI, it is recommended to search for properties outside of highly populated areas, consider sharing housing with roommates, and negotiate with landlords for lower rent prices.

Sources

https://www.zillow.com/kaneohe-hi/home-values/





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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