Analysis: Hot housing market continues to drive up Honolulu rents
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Updated: Mar. 31, 2017 at 1:44 PM HST
HONOLULU (HawaiiNewsNow) - Rents in Honolulu are up nearly 6 percent from last year, according to new analysis from Apartment List.
The findings come amid growing calls to find solutions to Hawaii's dearth of affordable housing.
Apartment List said Honolulu's rents were flat for much of 2016, but increased over the last three months.
Meanwhile, rents are down year-over-year in some of the nation's most expensive cities, including Miami and San Francisco.
The median rent for a one-bedroom apartment in Honolulu is $1,700, according to Apartment List, while the median rent for a two-bedroom is $2,360.
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