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Oahu Rental Market Overview
In September, rental volume decreased month-over-month but there was no change year-over-year. Median price in September rose compared to both time periods. Properties rented a few days, on average, in September than in August and September of last year. As of 10/24, there are 669 properties available for long-term rent on Oahu, down 0.74% from last month.
The number of luxury rentals increased from July both month-over-month and year-over-year, up 63.1% from last September. There was no change in median price compared to both time periods. Luxury properties rented several days slower than last year but there was no change from August. As of 10/24, there are 181 luxury properties currently available for long-term rent on Oahu, down 3.2% from September.
Long-Term Rentals Year-Over-Year: September 2025 vs. September 2024
- 467 Rented, no change
- $3,000 Median Rental Price, up 13.2%
- 29 Average Days on Market, 3 days slower
- Received 99.9% of Asking Price vs 99.8%
Long-Term Rentals Month-Over-Month: September 2025 vs. August 2025
- 467 Rented, down 5.6%
- $3,000 Median Rental Price, up 11.3%
- 29 Average Days on Market, 4 days slower
- Received 99.9% of Asking Price vs 99.8%
Luxury Long-Term Rentals ($4,000+/mo) Year-Over-Year: September 2025 vs. September 2024
- 93 Rented, up 63.1%
- $4,500 Median Rental Price, no change
- 33 Average Days on Market, 5 days slower
- Received 100% of Asking Price vs. 99.8%
Luxury Long-Term Rentals ($4,000+/mo) Month-Over-Month: September 2025 vs. August 2025
- 93 Rented, up 9.4%
- $4,500 Median Rental Price, no change
- 33 Average Days on Market, no change
- Received 100% of Asking Price vs. 99.7%
Highest Rented Single-Family Home
Kahala, Diamond Head
4 bedrooms | 4.5 bathrooms | 4,438 sq ft living
Why this property is spectacular: This spacious residence offers over 4,000 square feet of living space for everyone to enjoy. This residence offers a two car private garage and enough parking for up to 7 cars. Spacious kitchen has everything you need including storage, Bosch gas stove, full size oven, microwave range, wine coolers, granite counters, and marble floors. A large dining area seats 8 comfortably or dine al-fresco on the lanai with the gas BBQ. The second level includes 3 additional large bedrooms, all ensuite. Primary suite offers jacuzzi soaking tub and walk in closets.
Rented for: $12,000/month after 28 days on market.
Source: State Tax Office & Bureau of Conveyances
Highest Rented Condo
Waiea, Kaka’ako
3 bedroom | 3.5 bathrooms | 2,377 sq ft living
Why this property is spectacular: This fully furnished residence with 2 parking stalls offers 2,377 sq. ft. of living space featuring hardwood floors, a gourmet Miele-equipped kitchen, ample storage, laundry room, and a spacious lanai with breathtaking views of the ocean, Diamond Head, Magic Island, harbor, and sunsets. Residents enjoy world-class concierge services and resort-style amenities including 5 guest suites, infinity-edge pool, fitness center, golf simulator, sauna, steam room, BBQ pavilions, movie theater, Sunset Bar, dining room, and more. Ideally located near Ala Moana Shopping Center, Ward Village, and beach parks, the neighborhood offers endless opportunities for swimming, stand-up paddling, surfing, shopping, dining, and entertainment.
Rented for: $16,300/month after 21 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
