Housing market/Hawaii/ZIP 96734

ACS 2023 · FY2027 SAFMR

ZIP 96734 Kailua, Hawaii

Urban Honolulu, HI MSA · Hawaii. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
50,985
Households
16,854
Median HH income
$131,554
Renter share
35.6%
Median gross rent
$3,297
Vacancy
7.4%
Pop. change
+1.2%
2BR SAFMR
$3,660
SAFMR / rent
1.110×
2–49 unit stock
2,083
LIHTC proj / units
—
HUD assisted MF
2 / 27

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 96734 · HI — sent to you.

ZIP 96734 · HI

ACS median rent$3,297
2BR SAFMR$3,660
90% floor$3,294
110% ceiling$4,026

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 96734

  • 1-unit detached12,32967.7%
  • 1-unit attached3,04616.7%
  • 2–4 units1,0145.6%
  • 5–49 units1,0695.9%
  • 50+ units7374.0%
  • Mobile130.1%
TypeUnitsShare
1-unit detached12,32967.7%
1-unit attached3,04616.7%
2 units (duplex)7274.0%
3–4 units2871.6%
5–9 units3131.7%
10–19 units2271.2%
20–49 units5292.9%
50+ units7374.0%
Mobile130.1%

2–4 unit share 5.6% · 5–49 unit share 5.9% · combined 2–49 11.4%.

Units by bedrooms

Studio
481
1BR
798
2BR
2,499
3BR
8,261
4BR
4,452
5+
1,717

Rent burden

Rent ≥30% of income60.1%
Rent ≥50% of income30.8%
  • ACS median gross rent $3,297 (all bedrooms, occupied rentals).
  • Median contract rent $3,175.
  • Renters paying ≥30% of income 60.1%; ≥50% 30.8%.
  • FY2027 2BR SAFMR $3,660 (1.110× ACS median gross rent).

Population

50,985 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 2 properties, 27 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 717 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 96734 35.6% of occupied households are renters; vacancy is 7.4%; ACS median gross rent is $3,297; population increased +1.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,014 units in 2–4-unit structures and 1,069 units in 5–49-unit structures; FY2027 2BR SAFMR is $3,660 versus ACS median gross rent of $3,297. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Hawaii research

ZIP 96734 is a Census / HUD profile for Urban Honolulu, HI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Hawaii research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 96734?

ZIP 96734 (Urban Honolulu, HI MSA) has 50,985 residents, 16,854 households, a renter share of 35.6%, median household income of $131,554, and ACS 2023 median gross rent of $3,297. Vacancy is 7.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 96734?

ACS counts 727 units in 2-unit buildings, 287 in 3–4 unit buildings, 313 in 5–9, 227 in 10–19, and 529 in 20–49. Combined 2–49 unit stock is 2,083 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 96734?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,660. See the full schedule and 90–110% payment-standard band on the ZIP 96734 — Kailua, HI HUD Section 8 Payment Standards / SAFMR.

Does this Hawaii ZIP profile include Georgia listings?

No. ZIP 96734 is Census / HUD research for Urban Honolulu, HI MSA. Jeff Crowe CRE does not list Hawaii property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.