Urban Honolulu, HI (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the Urban Honolulu, HI Metro in February 2026 was $2,802.566. The month over month percentage change (MoM) was 0.43%, and the year over year percentage change (YoY) was 4.78%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Urban Honolulu, HI metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Urban Honolulu, HI metro.

You can see similar information for other US metros, and for the United States.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Urban Honolulu, HI (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Urban Honolulu, HI (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1895.1839070374099 NaN NaN
Feb 2015 1906.2311156668172 0.58 NaN
Mar 2015 1920.28707413568 0.74 NaN
Apr 2015 1921.327497618569 0.05 NaN
May 2015 1929.557136948113 0.43 NaN
Jun 2015 1927.1597416639563 -0.12 NaN
Jul 2015 1935.9170232287267 0.45 NaN
Aug 2015 1941.3064120574172 0.28 NaN
Sep 2015 1946.6654457116317 0.28 NaN
Oct 2015 1953.0058055553304 0.33 NaN
Nov 2015 1961.6335169875817 0.44 NaN
Dec 2015 1970.2083770161364 0.44 NaN
Jan 2016 1970.500316872264 0.02 3.97
Feb 2016 1970.0927620014472 -0.02 3.35
Mar 2016 1962.9850425329023 -0.36 2.22
Apr 2016 1966.119319597665 0.16 2.33
May 2016 1966.3199486099609 0.01 1.91
Jun 2016 1973.2843140914745 0.35 2.39
Jul 2016 1975.783673441348 0.13 2.06
Aug 2016 1975.4911429854706 -0.01 1.76
Sep 2016 1975.2316254064435 -0.01 1.47
Oct 2016 1972.9684443437932 -0.11 1.02
Nov 2016 1977.2711230147752 0.22 0.80
Dec 2016 1973.2215230657778 -0.20 0.15
Jan 2017 1981.4645595544057 0.42 0.56
Feb 2017 1990.4577441418742 0.45 1.03
Mar 2017 2003.9621207431348 0.68 2.09
Apr 2017 2017.952288560856 0.70 2.64
May 2017 2014.9717667799755 -0.15 2.47
Jun 2017 2013.7303958527941 -0.06 2.05
Jul 2017 2006.5156517400455 -0.36 1.56
Aug 2017 2011.5911369235553 0.25 1.83
Sep 2017 2015.5694247350207 0.20 2.04
Oct 2017 2023.4376970338094 0.39 2.56
Nov 2017 2026.0312145898222 0.13 2.47
Dec 2017 2037.194107969406 0.55 3.24
Jan 2018 2037.7237691896567 0.03 2.84
Feb 2018 2039.8240174916887 0.10 2.48
Mar 2018 2035.3219211043206 -0.22 1.57
Apr 2018 2032.8878641651334 -0.12 0.74
May 2018 2038.3909008572118 0.27 1.16
Jun 2018 2047.7729428696764 0.46 1.69
Jul 2018 2055.7246978975713 0.39 2.45
Aug 2018 2055.2886109925794 -0.02 2.17
Sep 2018 2056.541834560211 0.06 2.03
Oct 2018 2058.541350475447 0.10 1.74
Nov 2018 2067.1044875805355 0.42 2.03
Dec 2018 2066.773671338487 -0.02 1.45
Jan 2019 2073.1420659346772 0.31 1.74
Feb 2019 2075.4683739784723 0.11 1.75
Mar 2019 2082.469726771074 0.34 2.32
Apr 2019 2086.1793225856763 0.18 2.62
May 2019 2092.367027116065 0.30 2.65
Jun 2019 2093.733651822043 0.07 2.24
Jul 2019 2099.4999873759334 0.28 2.13
Aug 2019 2106.489554196489 0.33 2.49
Sep 2019 2112.672461515966 0.29 2.73
Oct 2019 2116.916640803098 0.20 2.84
Nov 2019 2117.3259624439925 0.02 2.43
Dec 2019 2122.2458392173453 0.23 2.68
Jan 2020 2125.040129437386 0.13 2.50
Feb 2020 2130.1436052998465 0.24 2.63
Mar 2020 2119.0367469273206 -0.52 1.76
Apr 2020 2107.949491227759 -0.52 1.04
May 2020 2099.8959889965954 -0.38 0.36
Jun 2020 2102.1236499393976 0.11 0.40
Jul 2020 2102.1755226214373 0.00 0.13
Aug 2020 2098.751339927348 -0.16 -0.37
Sep 2020 2100.047077335686 0.06 -0.60
Oct 2020 2103.6855933113993 0.17 -0.62
Nov 2020 2119.787101118672 0.77 0.12
Dec 2020 2132.72853989011 0.61 0.49
Jan 2021 2145.8982264896395 0.62 0.98
Feb 2021 2158.6263587563058 0.59 1.34
Mar 2021 2174.6774697098494 0.74 2.63
Apr 2021 2200.914550126163 1.21 4.41
May 2021 2224.03349745317 1.05 5.91
Jun 2021 2243.638199087717 0.88 6.73
Jul 2021 2269.1041075971793 1.14 7.94
Aug 2021 2294.421665415433 1.12 9.32
Sep 2021 2322.0522897860396 1.20 10.57
Oct 2021 2336.953813485329 0.64 11.09
Nov 2021 2346.615754078965 0.41 10.70
Dec 2021 2356.442963961796 0.42 10.49
Jan 2022 2360.0720388513873 0.15 9.98
Feb 2022 2380.572342260838 0.87 10.28
Mar 2022 2391.8531329685707 0.47 9.99
Apr 2022 2402.0465702472734 0.43 9.14
May 2022 2406.9674308131384 0.21 8.23
Jun 2022 2412.2464218915275 0.22 7.52
Jul 2022 2420.3458983146716 0.34 6.67
Aug 2022 2427.9543741593593 0.31 5.82
Sep 2022 2428.3726073239873 0.02 4.58
Oct 2022 2432.497473008706 0.17 4.09
Nov 2022 2431.413541615785 -0.04 3.61
Dec 2022 2446.134295160543 0.61 3.81
Jan 2023 2463.771546383689 0.72 4.39
Feb 2023 2469.6679570355154 0.24 3.74
Mar 2023 2479.7048928407476 0.41 3.67
Apr 2023 2487.2132308484547 0.30 3.55
May 2023 2496.8248364097603 0.39 3.73
Jun 2023 2496.7356918176533 0.00 3.50
Jul 2023 2499.20903108908 0.10 3.26
Aug 2023 2502.2592275054926 0.12 3.06
Sep 2023 2513.6029946910385 0.45 3.51
Oct 2023 2523.0388102998763 0.38 3.72
Nov 2023 2534.695740170814 0.46 4.25
Dec 2023 2535.367742406005 0.03 3.65
Jan 2024 2546.362606838012 0.43 3.35
Feb 2024 2550.947427205548 0.18 3.29
Mar 2024 2568.959678822055 0.71 3.60
Apr 2024 2573.975034487747 0.20 3.49
May 2024 2584.685038412565 0.42 3.52
Jun 2024 2592.4715001957024 0.30 3.83
Jul 2024 2602.5952515264853 0.39 4.14
Aug 2024 2613.1885480863098 0.41 4.43
Sep 2024 2620.8780176766118 0.29 4.27
Oct 2024 2633.660276837987 0.49 4.38
Nov 2024 2642.593916743133 0.34 4.26
Dec 2024 2656.695550064071 0.53 4.79
Jan 2025 2663.0590592049725 0.24 4.58
Feb 2025 2674.7746539163836 0.44 4.85
Mar 2025 2676.242994942843 0.06 4.18
Apr 2025 2689.2123255195506 0.49 4.48
May 2025 2698.0202360386315 0.33 4.39
Jun 2025 2714.1705184373855 0.60 4.69
Jul 2025 2726.558119868862 0.46 4.76
Aug 2025 2738.45425653268 0.44 4.79
Sep 2025 2750.0072932389717 0.42 4.93
Oct 2025 2758.2186892990867 0.30 4.73
Nov 2025 2769.8242008282346 0.42 4.82
Dec 2025 2779.7959018381052 0.36 4.63
Jan 2026 2790.47255333515 0.38 4.78
Feb 2026 2802.5657205452458 0.43 4.78