Urban Honolulu, HI Fair Market Rent (FY2026)
Urban Honolulu, HI MSA · HI · 1 county · pop. 1,010,100 (2023)
The FY2026 Fair Market Rent for a 2-bedroom in Urban Honolulu, HI is $2,642/month. Across bedroom sizes the HUD FMR runs from $1,877 (studio) to $4,432 (4-bedroom). That 2-bedroom figure is $1,667 above the US national median FMR of $975 — far above the national median FMR — and ranks #11 of 75 among the largest metros (1 = most expensive). FMR is the federal voucher rent standard, not the market median.
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Urban Honolulu, HI FMR by bedroom size
| Unit size | Monthly FMR | ≈ Weekly | Annual |
|---|---|---|---|
| Studio / efficiency | $1,877 | $433 | $22,524 |
| 1-bedroom | $2,016 | $466 | $24,192 |
| 2-bedroom | $2,642 | $610 | $31,704 |
| 3-bedroom | $3,674 | $848 | $44,088 |
| 4-bedroom | $4,432 | $1,024 | $53,184 |
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Weekly and annual figures are simple conversions of the monthly FMR (÷4.33 and ×12). The monthly FMR is HUD's published value. Verify on huduser.gov.
What this FMR means
Fair Market Rent is HUD's estimate of the 40th-percentile gross rent — contract rent plus tenant-paid utilities — for a modest, non-luxury unit in Urban Honolulu, HI. It is recalculated each fiscal year from American Community Survey rent data and a current-year inflation factor. Public housing agencies use the FMR to set Housing Choice Voucher (Section 8) payment standards, typically 90–110% of the FMR. A higher FMR means the program will cover a higher rent in this area; it does not mean landlords charge exactly this much.
Urban Honolulu, HI vs its state and the US
| Benchmark | 2-bedroom FMR |
|---|---|
| Urban Honolulu, HI | $2,642 |
| Hawaii state median | $2,492 |
| US national median | $975 |
Urban Honolulu, HI sits in Hawaii, where the median area's 2-bedroom FMR is $2,492 and areas range from $2,076 to $2,642.
Metro areas with a similar FMR
The five areas closest to Urban Honolulu, HI on the 2-bedroom FMR scale:
| Metro area | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Urban Honolulu, HI (this area) | $1,877 | $2,016 | $2,642 | $3,674 | $4,432 |
| Oxnard-Thousand Oaks-Ventura, CA | $1,998 | $2,250 | $2,693 | $3,652 | $4,240 |
| Nassau-Suffolk, NY | $1,992 | $2,379 | $2,747 | $3,563 | $3,768 |
| Bridgeport-Stamford-Danbury, CT | $1,731 | $2,100 | $2,511 | $3,036 | $3,598 |
| Seattle-Bellevue, WA | $2,074 | $2,146 | $2,501 | $3,272 | $3,847 |
| Middlesex-Somerset-Hunterdon, NJ | $1,804 | $1,978 | $2,486 | $2,981 | $3,296 |
Frequently asked questions
What is the FY2026 Fair Market Rent for a 2-bedroom in Urban Honolulu, HI?
The FY2026 HUD Fair Market Rent for a two-bedroom unit in the Urban Honolulu, HI MSA is $2,642 per month. FMR is the 40th-percentile gross rent (including utilities) HUD uses to set Housing Choice Voucher payment standards — it is not the local market median. Verify the current figure at huduser.gov.
What are the FMRs for other bedroom sizes in Urban Honolulu, HI?
In FY2026 the FMRs are $1,877 (studio), $2,016 (1-bedroom), $2,642 (2-bedroom), $3,674 (3-bedroom) and $4,432 (4-bedroom) per month. Larger units have higher FMRs because they assume more bedrooms and occupants.
Is rent in Urban Honolulu, HI high compared with the rest of the US?
Its 2-bedroom FMR of $2,642 is $1,667 above the national median FMR of $975 (+171%) — far above the national median FMR. Among the 75 largest metros it ranks #11 of 75 by 2-bedroom FMR (1 = most expensive).
Does the FMR mean my voucher will cover that much rent?
Not exactly. The local public housing agency (PHA) sets a "payment standard" usually between 90% and 110% of the FMR, and your subsidy is based on that standard minus roughly 30% of your adjusted income. The FMR is the benchmark, not a guaranteed amount — check with the PHA that serves Urban Honolulu, HI.
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Source & accuracy
FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). FMR is the federal voucher rent standard, not the market median. Figures are a June 2026 snapshot of HUD's revised final FY2026 file; verify the current value on huduser.gov before relying on it.
Last updated: 2026-06-20