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Oahu Rental Market Overview
In July, rental volume hit 580, the highest number since August 2023. Median price in July was up from last year but down slightly from June. Properties rented in the same amount of time as in June but 4 days faster than last July. As of 8/26, there are 622 properties available for long-term rent on Oahu, down 3.5% from last month.
The number of luxury rentals continued their upward trend since last November, reaching 111, the highest in our records dating back to June 2022. Median price was down slightly from last year but unchanged from last month. Luxury properties rented a couple days faster than last year but nearly a week slower than in June. As of 8/26, there are 182 luxury properties currently available for long-term rent on Oahu, up 10.9% from July.
Long-Term Rentals Year-Over-Year: July 2025 vs. July 2024
- 580 Rented, up 2.3%
- $2,800 Median Rental Price, up 7.7%
- 26 Average Days on Market, 4 days faster
- Received 100% of Asking Price vs. 99.9%
Long-Term Rentals Month-Over-Month: July 2025 vs. June 2025
- 580 Rented, up 17.6%
- $2,800 Median Rental Price, down 3.2%
- 26 Average Days on Market, no change
- Received 100% of Asking Price, no change
Luxury Long-Term Rentals ($4,000+/mo) Year-Over-Year: July 2025 vs. July 2024
- 111 Rented, up 46%
- $4,500 Median Rental Price, no change
- 34 Average Days on Market, 2 days faster
- Received 100% of Asking Price, no change
Luxury Long-Term Rentals ($4,000+/mo) Month-Over-Month: July 2025 vs. June 2025
- 111 Rented, up 6.3%
- $4,500 Median Rental Price, down 2.1%
- 34 Average Days on Market, 6 days slower
- Received 100% of Asking Price, no change
Highest Rented Single-Family Home
Koko Kai, Hawaii Kai
5 bedrooms | 3.5 bathrooms | 3,300 sq ft living
Why this property is spectacular: You’ll love the gorgeous panoramic vistas that stretch from the ocean to Diamond Head to Koko Crater Trail from this huge over a half-acre property including mature mango, papaya, and dragon fruit. Sub-Zero and Wolf appliances show off the elegant and expansive kitchen & dining area! The primary suite offers the ideal retreat with an ensuite that features a deep soaking tub, two person shower with rain shower head, and a massive custom closet. Located in the prestigious Koko Kai and Portlock neighborhoods it is near wonderful dining, shopping, hiking, boating, and ocean activities!
Rented for: $15,000/month after 6 days on market.
Source: State Tax Office & Bureau of Conveyances
Highest Rented Condo
Hokua, Kaka’ako
3 bedrooms | 2.5 bathrooms | 2,325 sq ft living
Why this property is spectacular: Hokua 35A is a stunning 3BR/2.5 bath residence that has been upgraded with wood floors throughout, custom wall-paneling, entertainment system, closet systems, lighting, window coverings and counter tops. This spacious residence has been meticulously maintained and affords 2325sf of interior living space, floor-to-ceiling glass windows and 10’ ceilings. Stunning unobstructed ocean, mountain and sunset views from the comforts of your home. Live in the premier location of Kakaako where restaurants, boutique shops, entertainment and Ala Moana Beach are steps away.
Rented for: $9,500/month after 14 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
