Get the latest update on the Oahu rental market with rental statistics and the highest rentals from the last month. Click here to learn about our Hawaii property management services. Contact us to schedule a consultation to learn how we can increase the return on your rental portfolio. Subscribe to our YouTube channel to see Doug answer common property management questions, featured rental properties, and real estate sales content.
Oahu Rental Market Overview
In November, rental volume increased about 10% year-over-year but decreased over 17% from October of this year. Median price rose compared to both time periods and properties are still renting for almost the full asking price. Properties took three days longer to rent, on average, than in October and November of last year. As of 12/22, there are 625 properties available for long-term rent on Oahu, down 4.8% from last month.
The number of luxury rentals increased significantly from last year but decreased month-over-month. There was no change in median price year-over-year, but it rose over 12% from last month. 33.8% of luxury rentals had price reductions. Properties took a week longer to rent than last year but rented 4 days faster than last month. As of 12/22, there are 145 luxury properties currently available for long-term rent on Oahu, down 4.6% from October.
Long-Term Rentals Year-Over-Year: November 2025 vs. November 2024
- 423 Rented, up 10.7%
- $2,850 Median Rental Price, up 7.5%
- 31 Average Days on Market, 3 days slower
- Received 99.9% of Asking Price, no change
Long-Term Rentals Month-Over-Month: November 2025 vs. October 2025
- 423 Rented, down 17.4%
- $2,850 Median Rental Price, up 2.0%
- 31 Average Days on Market, 3 days slower
- Received 99.9% of Asking Price vs. 99.7%
Luxury Long-Term Rentals ($4,000+/mo) Year-Over-Year: November 2025 vs. November 2024
- 74 Rented, up 57.4%
- $4,500 Median Rental Price, no change
- 37 Average Days on Market, 7 days slower
- Received 99.9% of Asking Price vs. 100%
Luxury Long-Term Rentals ($4,000+/mo) Month-Over-Month: November 2025 vs. October 2025
- 74 Rented, down 11.9%
- $4,500 Median Rental Price, up 12.5%
- 37 Average Days on Market, 4 days faster
- Received 99.9% of Asking Price vs. 99.5%
Highest Rented Single-Family Home
Sunset Area, North Shore
3 bedrooms | 2.5 bathrooms | 1,947 sq ft living
Why this property is spectacular: Welcome to Stunning Sunsets and one of the Top white sand beaches on the North Shore and Oahu! This very unique North Shore beachfront home, beautifully upgraded and well appointed, is just steps to the sand. Scenic views from the luscious lawn, living room, kitchen, upstairs-loft suite, and covered lanai include seasonal surf and whale watching. Ideally located in the middle of the “Seven Mile Miracle”, close to schools, shopping, golf, snorkeling, and some of the best surf breaks in the world.
Rented for: $10,500/month after 199 days on market.
Source: State Tax Office & Bureau of Conveyances
Highest Rented Condo
Park Lane, Ala Moana
2 bedrooms | 2.5 bathrooms | 1,492 sq ft living
Why this property is spectacular: Step into elevated island living at Park Lane Ala Moana, Honolulu’s premier luxury residence. Perfectly positioned across from the picturesque Ala Moana Beach Park and directly adjacent to world-renowned Ala Moana Shopping Center, this exclusive condominium offers the ultimate blend of sophistication, convenience, and resort-style comfort.
Rented for: $11,500/month after 25 (101 CDOM) 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
