Mortgage Payment Calculator for Honolulu, HI
Updated 2026 · Local data pre-filled
The median home price in Honolulu, HI is $900,000, with an effective property tax rate of 0.31% — below the national average of 1.10%. We've pre-filled the calculator with local figures so your estimate reflects what buyers actually pay in Honolulu.
✓ Calculator below is pre-filled with Honolulu local data
How Honolulu Compares to the National Average
Understanding how Honolulu stacks up helps you calibrate your financial planning.
| Metric | Honolulu, HI | US Average | Difference |
|---|---|---|---|
| Median Home Price | $900,000 | $420,800 | +113.9% |
| Median Monthly Rent | $1,975 | $1,713 | +15.3% |
| Median Household Income | $88,800 | $74,580 | +19.1% |
| Property Tax Rate | 0.31% | 1.10% | -71.8% |
| Cost of Living Index | 193 | 100 | +93.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Honolulu Financial Snapshot
- Population (Metro)
- 1,010,000
- Unemployment
- 2.9%
- Avg Commute
- 27 min
- Median Age
- 43
- Price-to-Rent Ratio
- 38.0x
- Annual Property Tax
- $2,790
Frequently Asked Questions — Honolulu
What is the median home price in Honolulu, HI?
The median home price in Honolulu is $900,000 as of 2025–2026. This is above the national median of $420,800.
What is the average rent in Honolulu?
Median monthly rent in Honolulu is $1,975. That works out to $23,700/year, or 27% of the median household income — within the commonly recommended 30% of income guideline.
Is Honolulu affordable?
Honolulu's cost of living index is 193 vs. the national average of 100. With a median household income of $88,800/year and a median home price of $900,000, the price-to-income ratio is 10.1x. This makes homeownership a significant stretch for the typical Honolulu household.
What is the property tax rate in Honolulu?
The effective property tax rate in Honolulu is 0.31% of assessed value. On the median home of $900,000, that's roughly $2,790/year ($233/month).