HONOLULU (HawaiiNewsNow) - Honolulu rents are cooling off, but still well above the national average, a new analysis finds.
In April, Honolulu was ranked the 11th most expensive rental market in the nation, according to the analysis from rental website Zumper.
The median rent for a one-bedroom is at $1,700, while a two-bedroom will set you back $2,200.
While rents are still high, Zumper notes that the median rent for a two-bedroom unit in Honolulu is down about 8 percent compared to the same time last year.
The median rent for a one-bedroom is down about 4.5 percent.
Across the nation's 100 largest metros, the median rent for a one-bedroom was down 9 percent in April compared to a year ago.
San Francisco came in as the priciest city this month. The median rent for a one-bedroom is $3,400.
New York ($2,900) was at no. 2, while San Jose ($2,470) rounded out the top three.
Among the nation's 100 largest metros, Toledo was the most affordable. The median rent for a one-bedroom in April is $530.