Average rent in Waimalu

Average rent in Waimalu,HI

In terms of the most important things for average rent in Waimalu, HI, it is evident that there have been gradual changes in rent prices over the years. The average rent in Waimalu for the year 2023 is projected to be $2,500 per month, a slight increase compared to the previous years. However, it is important to note that this increase follows a period of stability in the rentals market. From 2019-2022, there was an average increase of $150 in rent prices each year. Nevertheless, despite these gradual increases, Waimalu remains an attractive place to live, offering good value for money and a great quality of life.

Average rent in Waimalu,HI for 1-bedroom

The average rent in Waimalu, HI for a 1-bedroom apartment has seen a noticeable rise in the past few years. In 2023, the average rent for a 1-bedroom apartment in Waimalu, HI is expected to be around $1,900, which is an increase of approximately $200 compared to the average rent in 2022. According to the reports, in 2021, the average rent in Waimalu, HI for a 1-bedroom apartment was around $1,550. This marks a steady increase over the years, as in 2019, the average rent for a 1-bedroom apartment was around $1,350. Furthermore, it is expected that in the coming years, the average rent in Waimalu, HI for a 1-bedroom apartment will continue to increase.

Average rent in Waimalu,HI for 2-bedroom

The average rent for a 2-bedroom apartment in Waimalu, HI is expected to increase significantly in 2023, in comparison to previous years. Specifically, in 2018, the average rent was $1,975 per month, while in 2020, it rose to $2,150.

Furthermore, as of 2021, the average rent stands at $2,350 per month. With this trend, it is anticipated that by 2023, the average rent in Waimalu, HI for a 2-bedroom apartment will surge to a whopping $2,600. This hike in rent prices may be due to an increase in demand and population growth. Despite the high prices, Waimalu is still a desirable location for many who seek peace, natural beauty, and access to modern amenities.

Average rent in Waimalu,HI for 3-bedroom

In 2023, the average rent in Waimalu, HI for a 3-bedroom apartment is expected to increase significantly when compared to previous years. According to recent data, the average rent in Waimalu was $2,500 in 2020, but it is projected to rise to $3,200 in 2023. This increase, which represents a 28 percent jump, can be attributed to a number of factors such as a growing demand for housing, inflation, and other factors. While this may be difficult news for renters, it is important to note that Waimalu remains an attractive place to live with its stunning scenery and amenities. Ultimately, it is up to renters to decide if this increase in rent is worth it.

Average rent in Waimalu,HI for studio

The average rent in Waimalu, HI for a studio has seen fluctuation over the years. In 2023, the average rent is projected to be $1,500 per month, which is a significant increase compared to the previous year, where it was $1,350 a month.

This increase is likely due to the rise in demand for studio apartments in the area. However, in 2020 the average monthly rent for a studio was $1,200, which shows a gradual increase in rent over time. Comparatively, in 2018, the average rent was $1,100 per month, meaning that there has been a visible increase in rent over the last few years. Nonetheless, the average rent in Waimalu for studios remains relatively affordable compared to other areas in Hawaii.

Average rent in Waimalu,HI for townhouse

In 2023, the average rent for a townhouse in Waimalu, HI will be $2,500. This is a significant increase compared to the previous years. In 2018, the average rent in Waimalu, HI for a townhouse was only $1,800. In 2019, it increased to $2,000 and then in 2020, it increased to $2,200. The increase in rent can be attributed to the rising demand for housing in Waimalu, as well as the limited supply of townhouses available. Despite the increase, Waimalu remains an affordable option compared to other areas in Hawaii, where the average rent for a townhouse can exceed $3,000.

Most expensive neighborhoods in Waimalu,HI

Waimalu is known for its upscale neighborhoods that feature luxurious homes and stunning scenery. The top three most expensive neighborhoods in Waimalu, HI are Aiea Heights, Royal Summit, and Newtown Estates. Aiea Heights is a prestigious community that offers panoramic views of the city and ocean. Royal Summit boasts of expansive lots and spacious homes that are perfect for families who want to enjoy the outdoors. Newtown Estates is a private and gated community that features some of the most exclusive properties in Waimalu. With its excellent schools, world-class amenities, and beautiful surroundings, these neighborhoods are the epitome of luxury living.

Most affordable neighborhoods in Waimalu,HI

Waimalu is a serene residential area that comprises small communities and neighborhoods perfect for families looking for a safe and affordable place to call home. The most affordable neighborhoods in Waimalu, HI are close to major roads such as the Kamehameha Highway and major retail stores like Walmart and Sam’s Club. These neighborhoods feature single-family homes, condos, and apartments with reasonable price tags that are affordable for those wanting to put down roots in this picturesque island community. With excellent schools, a variety of parks and recreational opportunities available in the area, Waimalu, HI is the perfect place to live for those who want to be within a budget without missing out on the benefits of paradise.

Most popular neighborhoods in Waimalu,HI

Waimalu is known for being a beautiful, welcoming, and family-friendly suburb in Hawaii. The most popular neighborhoods in Waimalu are Pearl City, Newtown Estates, and Crestview. Pearl City is famous for its beautiful views of Pearl Harbor and is home to a variety of restaurants and shopping malls. Newtown Estates is known for its well-maintained homes and quiet streets, making it an ideal place for families. In contrast, Crestview offers affordable housing and is perfect for residents who prioritize convenience and accessibility. Regardless of where you choose to live, Waimalu is an excellent option for those looking to enjoy the beauty and laidback lifestyle of Hawaii.

Comparison with other cities

1. New York, NY – $4,211
2. San Francisco, CA – $3,602
3. Boston, MA – $3,246
4. Los Angeles, CA – $2,564
5. San Diego, CA – $2,351
6. Seattle, WA – $2,281
7. Portland, OR – $1,796
8. Phoenix, AZ – $1,394
9. Denver, CO – $1,929
10. Austin, TX – $1,494
11. Nashville, TN – $1,406
12. Miami, FL – $2,088
13. Washington, D.C. – $2,238
14. Chicago, IL – $1,914
15. Minneapolis, MN – $1,594

FAQ

Q: What is the average rent for a one bedroom apartment in Waimalu, HI?
A: As of 2023, the average rent for a one bedroom apartment in Waimalu, HI is $1,800 per month.

Q: What is the average rent for a two bedroom apartment in Waimalu, HI?
A: As of 2023, the average rent for a two bedroom apartment in Waimalu, HI is $2,600 per month.

Q: Is the rent in Waimalu, HI affordable compared to other cities in Hawaii?
A: Yes, the rent in Waimalu, HI is relatively affordable compared to other cities in Hawaii. However, it is still higher than the national average.

Q: What amenities are typically included in apartment complexes in Waimalu, HI?
A: Amenities that are typically included in apartment complexes in Waimalu, HI include parking, laundry facilities, and sometimes a pool or fitness center.

Q: What is the rental application process like in Waimalu, HI?
A: The rental application process in Waimalu, HI usually involves filling out an application form, providing proof of income and employment, and undergoing a background and credit check.

Q: Are there any pet-friendly apartments available in Waimalu, HI?
A: Yes, there are some pet-friendly apartments available in Waimalu, HI. However, it is important to check with each individual complex for their pet policies and any associated fees.

Q: Are there any rent control laws in place in Waimalu, HI?
A: No, there are currently no rent control laws in place in Waimalu, HI. However, tenants are still protected by various state and federal housing laws.





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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