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Oahu Rental Market Overview
In October, rental volume increased both month-over-month and year-over-year. Median price rose slightly from a year ago but is down a little compared to September. Properties rented a couple days faster, on average, than in September and October of last year. As of 11/25, there are 657 properties available for long-term rent on Oahu, down 1.2% from last month.
The number of luxury rentals increased significantly from last year but decreased month-over-month. Median price is up 9.4% compared to both time periods. Luxury properties rented a few days slower than last month and last year. As of 11/25, there are 152 luxury properties currently available for long-term rent on Oahu, down 16% from September.
Long-Term Rentals Year-Over-Year: October 2025 vs. October 2024
- 511 Rented, up 8.7%
- $2,795 Median Rental Price, up 3.5%
- 28 Average Days on Market, 3 days faster
- Received 99.7% of Asking Price vs 99.8%
Long-Term Rentals Month-Over-Month: October 2025 vs. September 2025
- 511 Rented, up 9.2%
- $2,795 Median Rental Price, down 7.2%
- 28 Average Days on Market, 2 days faster
- Received 99.7% of Asking Price vs 99.9%
Luxury Long-Term Rentals ($4,000+/mo) Year-Over-Year: October 2025 vs. October 2024
- 84 Rented, up 27.2%
- $4,925 Median Rental Price, up 9.4%
- 41 Average Days on Market, 5 days slower
- Received 99.4% of Asking Price vs. 100%
Luxury Long-Term Rentals ($4,000+/mo) Month-Over-Month: October 2025 vs. September 2025
- 84 Rented, down 10.6%
- $4,925 Median Rental Price, up 9.4%
- 41 Average Days on Market, 2 days slower
- Received 99.4% of Asking Price vs. 100%
Highest Rented Single-Family Home
Kahala, Diamond Head
4 bedrooms | 4.5 bathrooms | 3,430 sq ft living
Why this property is spectacular: Welcome to this stunning single-level estate featuring 4 spacious en-suite bedrooms, perfectly nestled in one of Oahu’s most prestigious neighborhoods. Designed for both elegance and comfort, this custom home offers seamless indoor-outdoor living with soaring ceilings, with an expansive, open-concept space. At the heart of the home is a chef’s kitchen which flows effortlessly into the living and dining areas. Retreat to the primary suite which also offers private access to the backyard oasis.
Rented for: $14,000/month after 155 days on market.
Source: State Tax Office & Bureau of Conveyances
Highest Rented Condo
Waiea, Kaka’ako
3 bedrooms | 3.5 bathrooms | 2,621 sq ft living
Why this property is spectacular: Welcome to Waiea 2001, a gorgeous fully furnished suite with unobstructed ocean and sunset views and an expansive 336sf lanai. This amazing residence utilizes a dedicated elevator that opens to your very own private foyer. Luxurious finishes include a suite of Miele appliances, European cabinetry, Dornbracht fixtures, onyx walls, quartz countertops and wood floors throughout. Thoughtful designer furnishings by Restoration Hardware & custom art pieces. Waiea is the ultimate luxury condominium in Ward Village with exceptional residential services & amenities including a concierge, sunset bar & lounge, infinity edge pool and hot tub, pool side cabanas and more.
Rented for: $16,000/month after 74 days on market.
Source: State Tax Office & Bureau of Conveyances
We manage rental properties across Oahu, from Honolulu, to Leeward Oahu, to Kailua and the North Shore. We would be happy to answer any property management or real estate sales questions you have. Call us to schedule a private consultation at (808) 593-9826 or email concierge@caronb.com
