Honolulu, HI Homes For Rent

Homes for Rent in Honolulu, HI: What You Need to Know

Honolulu is the capital and the largest city in Hawaii. It’s one of the world’s most popular tourist destinations and a common item on most people’s travel bucket lists.

The Local History

A settlement in Honolulu, which means “protected bay,” might have existed as early as 1100. In 1794, Capt. William Brown of Great Britain entered what’s known today as Honolulu Harbor, making him the first European to sail there. In 1850, King Kamehameha III claimed Honolulu as the capital of the independent Kingdom of Hawaii. The United States annexed Hawaii in 1898. On Dec. 7, 1941, Japan attacked Pearl Harbor by air, prompting America’s entry into World War II. Honolulu’s city charter was adopted when Hawaii became a state in 1959.

Things to Do in Honolulu 

The hit TV shows “Hawaii Five-O” and “Magnum PI” made Waikiki Beach one of the world’s most recognizable places. Swim in the waters of Waikiki with the beautiful Diamond Head as your backdrop. While you’re at it, visit the Diamond Head State Monument, over 475 acres of park featuring hiking trails and breathtaking coastal views. Thousands of military veterans and history buffs visit the historic Pearl Harbor year-round. A tour of the area typically includes a visit to Battleship Missouri Memorial, USS Bowfin Submarine Museum and Park, USS Oklahoma Memorial, and the Pearl Harbor Aviation Museum.

The Local Population 

Hawaii is the only U.S. state with a majority of Asian Americans. Honolulu County is home to 974,563 people. In Honolulu City, 43% of the population are Asian Americans with the largest ethnic groups composed of Japanese (20%), Filipinos (13%), and Chinese (10%). Residents who claim Native Hawaiian ancestry make up 3.2% of the population. 

The Cost of Living in Honolulu

Living in paradise doesn’t come cheap. Honolulu’s cost of living rate, food, and housing costs are 58.8%, 8.5%, and 16.5% higher than the national average respectively. The median gross rent in Honolulu is $1,703, and the median rent for a two-bedroom apartment is $3,149. The Aloha State implements a progressive income tax ranging from 1.40% to 11%. Hawaii doesn’t have a sales tax. Instead, it has a general excise tax of 4% to 4.50% that businesses must pay, which they pass on to customers. 

Know Your Neighborhoods

Perfect tropical weather, gorgeous ocean views, and friendly people await those who are moving to Honolulu. More than half of all city residents are renters. Want some distance from city action? Maunawili, Kailua, and Waikele are within commuting distance of Honolulu, and they have great public schools.