FairRentWize

Honolulu vs Raleigh-Cary

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Raleigh-Cary is 77% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,937/mo in Honolulu — saving $10,080/year.

Rent by Unit Size

Unit SizeHonoluluRaleigh-CaryDifference
Studio$1,256$760$496
1 Bedroom$1,543$928$615
2 Bedrooms$1,937$1,097$840
3 Bedrooms$2,397$1,435$962
4 Bedrooms$2,745$1,556$1,189
Median Income$116,677$70,678$45,999

Honolulu

Studio
$1,256/mo
1 BR
$1,543/mo
2 BR
$1,937/mo
3 BR
$2,397/mo
4 BR
$2,745/mo
Median Income
$116,677/yr
Full Honolulu profile →

Raleigh-Cary

Studio
$760/mo
1 BR
$928/mo
2 BR
$1,097/mo
3 BR
$1,435/mo
4 BR
$1,556/mo
Median Income
$70,678/yr
Full Raleigh-Cary profile →

Frequently Asked Questions

Is Honolulu or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,937/mo in Honolulu. That's $840/mo or $10,080/year more expensive in Honolulu (77% higher).
What is the 2-bedroom rent in Honolulu vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Honolulu and Raleigh-Cary?
The median household income in Honolulu is $116,677/year. In Raleigh-Cary it is $70,678/year. Honolulu has the higher median income.
What is the studio rent in Honolulu vs Raleigh-Cary?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In Raleigh-Cary it is $760/mo.