Rental Benchmark Overview
2-Bedroom Benchmark Rent
$2,642$31,704 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Honolulu County, HI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Honolulu County, HI
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,877 | $22,524 | $75,080 | $36.10/hr |
| 1-Bedroom Apartment | $2,016 | $24,192 | $80,640 | $38.77/hr |
| 2-Bedroom ApartmentStandard Benchmark | $2,642 | $31,704 | $105,680 | $50.81/hr |
| 3-Bedroom Home | $3,674 | $44,088 | $146,960 | $70.65/hr |
| 4-Bedroom Home | $4,432 | $53,184 | $177,280 | $85.23/hr |
See comprehensive cost of living profile for Honolulu County, HI →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Hawaii:
Frequently Asked Questions About Rent in Honolulu County, HI
What is the Fair Market Rent for a 2-bedroom in Honolulu County, HI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Honolulu County, HI is $2,642 per month ($31,704 per year).
What hourly wage is needed to afford rent in Honolulu County, HI?
To comfortably afford a 2-bedroom apartment at $2,642/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $50.81 per hour ($105,680/year).
What are the HUD Fair Market Rents by bedroom count in Honolulu County, HI?
Official 2026 HUD rents in Honolulu County, HI are: Studio: $1,877/mo, 1-Bedroom: $2,016/mo, 2-Bedroom: $2,642/mo, 3-Bedroom: $3,674/mo, and 4-Bedroom: $4,432/mo.
How do HUD Fair Market Rents compare to local incomes in Honolulu County, HI?
At the local Census ACS median household income of $106,195/year ($8,850/month), the benchmark 2-bedroom Fair Market Rent represents 29.9% of monthly income.
How is the 30% housing affordability standard calculated in Honolulu County, HI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $2,642/month, the required minimum annual gross income is calculated as ($2,642 × 12) ÷ 0.30 = $105,680 per year.