Urban Honolulu, HI · Hawaii
Honolulu County
ZIP 96848
1.0M residents1,433 permits TTM$104,264 median HHI38 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$873,000
ACS 5-Year
Cap rate proxy
3.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
23.6%
HUD FMR ÷ ACS HHI
Net migration
+1.46%
IRS SOI
Permits (TTM)
1,433
Census BPS
Climate risk
98.8
FEMA NRI (0–100)
ZIP 96848
Median home value
$873,000
Gross yield
3.5%
Buy Box score
—
Section 8 gap
22.2%
Affordability
P/I: 8.4R/I: —
Section 8 detail
SAFMR: $2,510Rent: $2,054Gap: 22.2%
ZIP code breakdown38 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 96815 | $873,000 | $3,050 | 4.2% | 6.7% | 7.5% |
| 96818 | $873,000 | $3,410 | 4.7% | 5.8% | 24.8% |
| 96814 | $873,000 | $2,770 | 3.8% | 5.6% | -7.4% |
| 96813 | $873,000 | $2,290 | 3.1% | 4.9% | -18.3% |
| 96706 | $873,000 | $3,160 | 4.3% | 4.9% | -6.0% |
| 96826 | $873,000 | $2,400 | 3.3% | 4.8% | 21.0% |
| 96707 | $873,000 | $3,240 | 4.5% | 4.8% | -4.3% |
| 96792 | $873,000 | $2,360 | 3.2% | 4.5% | 8.8% |
| 96797 | $873,000 | $2,430 | 3.3% | 3.8% | -11.0% |
| 96789 | $873,000 | $2,720 | 3.7% | 3.7% | 0.8% |
| 96825 | $873,000 | $3,960 | 5.4% | 3.6% | 6.7% |
| 96822 | $873,000 | $2,510 | 3.5% | 3.6% | 21.8% |
| 96701 | $873,000 | $2,460 | 3.4% | 3.6% | 1.6% |
| 96791 | $873,000 | $2,900 | 4.0% | 3.5% | -2.5% |
| 96744 | $873,000 | $2,850 | 3.9% | 3.5% | -9.0% |
| 96817 | $873,000 | $2,170 | 3.0% | 3.5% | -8.6% |
| 96786 | $873,000 | $2,970 | 4.1% | 3.3% | 23.0% |
| 96782 | $873,000 | $2,710 | 3.7% | 3.2% | 8.5% |
| 96819 | $873,000 | $2,320 | 3.2% | 3.1% | -15.2% |
| 96734 | $873,000 | $3,610 | 5.0% | 3.0% | -3.2% |
| 96717 | $873,000 | $2,790 | 3.8% | 2.9% | 26.4% |
| 96759 | $873,000county est. | $2,820 | 3.9% | 2.8% | 27.2% |
| 96820 | $873,000county est. | $2,640 | 3.6% | 2.8% | 22.2% |
| 96848 | $873,000county est. | $2,510 | 3.5% | 2.8% | 18.2% |
| 96850 | $873,000county est. | $2,640 | 3.6% | 2.8% | 22.2% |
| 96853 | $873,000county est. | $3,410 | 4.7% | 2.8% | 39.8% |
| 96857 | $873,000county est. | $2,970 | 4.1% | 2.8% | 30.8% |
| 96858 | $873,000county est. | $2,320 | 3.2% | 2.8% | 11.5% |
| 96859 | $873,000county est. | $2,640 | 3.6% | 2.8% | 22.2% |
| 96860 | $873,000county est. | $3,180 | 4.4% | 2.8% | 35.4% |
| 96863 | $873,000county est. | $3,610 | 5.0% | 2.8% | 43.1% |
| 96816 | $873,000 | $2,480 | 3.4% | 2.8% | -16.9% |
| 96712 | $873,000 | $2,710 | 3.7% | 2.5% | -24.8% |
| 96730 | $873,000 | $2,240 | 3.1% | 2.4% | 8.3% |
| 96731 | $873,000 | $2,200 | 3.0% | 2.3% | 6.6% |
| 96795 | $873,000 | $2,060 | 2.8% | 2.3% | 0.3% |
| 96762 | $873,000 | $3,080 | 4.2% | 2.0% | 33.3% |
| 96821 | $873,000 | $3,550 | 4.9% | 1.4% | 42.1% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
59.5%
Census ACS
Vacancy rate
9.5%
Census ACS
Bachelor's degree +
37.7%
Census ACS
Rent burdened
53.9%
Census ACS (>30% income)
Median age
39.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026