U.S. · Housing FY2027

Hawaii fair market rent FY2027.

HUD fair market rents by bedroom count for every Hawaii county, effective October 1, 2026.

HUD's FY2027 fair market rent for a two-bedroom unit in Hawaii is $2,542 a month in Honolulu County, $2,656 in Maui County, $2,105 in Kauai County and $2,081 in Hawaii County. Honolulu's two-bedroom rent is $100 lower than FY2026. FY2027 rents take effect October 1, 2026.

HUD FY2027 file, read November 2, 2026

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Searches the table below.

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What fair market rent is

A fair market rent (FMR) is HUD's estimate of the 40th percentile gross rent, meaning rent plus utilities, paid by recent movers into standard-quality units in each area. In the Housing Choice Voucher program, the FMR is the basis for the payment standard that sets the maximum monthly subsidy for an assisted family. It is a program benchmark, not a listing price: a market-rate apartment can rent for more or less than the FMR.

The FY2027 FMRs were published in the Federal Register on September 1, 2026 and take effect on October 1, 2026, unless HUD receives a valid request for reevaluation of a specific area's FMRs.

Of the five Hawaii counties in HUD's file, 2 have a higher two-bedroom FMR than in FY2026 and 3 have a lower one. Maui and Kalawao are separate county rows but share one HUD metro area (Kahului-Wailuku-Lahaina); Kalawao has a population of about 67, so Maui is the figure that matters for rentals.

Worked example

A two-bedroom in Honolulu County. The FY2027 FMR for Honolulu County (HUD area: Urban Honolulu, HI MSA) is $2,542 a month, or $30,504 a year. FY2026 was $2,642, a change of -3.8%. Against the 2020–2024 ACS median household income of $106,195 for the county, a year of that rent is 29% of the median. This is simple arithmetic on two published figures, not a measure of any household's rent burden.

All Hawaii counties

Every county in HUD's file is listed. Rents are dollars per month for FY2027 (October 2026 to September 2027). The last two columns use the Census Bureau's 2020–2024 American Community Survey 5-year median household income.

CountyStudio1 BR2 BR3 BR4 BR2 BR change from FY20262 BR over a year2 BR rent for a year as a share of county median household income
Hawaii County$1,605$1,615$2,081$2,620$2,910+0.2%$24,97232% of $78,639
Honolulu County$1,836$1,951$2,542$3,520$4,249-3.8%$30,50429% of $106,195
Kalawao County$1,621$1,778$2,326$2,932$3,630-6.7%$27,91238% of $73,750
Kauai County$1,599$1,609$2,105$2,588$2,952-9.7%$25,26026% of $97,668
Maui County$1,850$2,030$2,656$3,351$4,143+1.2%$31,87233% of $97,161

Using the table

FMRs are set for each HUD area, and several counties can share an area, so neighboring counties may show the same figures. Housing agencies set their own payment standards from the FMR, so what a voucher actually pays can differ. For rents by ZIP code, see HUD's small area FMRs on the SAFMR guide and the ZIP code lookup.

Sources

Primary sources opened and checked on November 2, 2026. Figures are as published by the source on that date.

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Frequently asked questions

What is the fair market rent for a two-bedroom in Hawaii?

$2,542 in Honolulu County, $2,656 in Maui County, $2,105 in Kauai County and $2,081 in Hawaii County for FY2027.

When do the FY2027 fair market rents take effect?

October 1, 2026, unless HUD receives a valid request for reevaluation of an area's FMRs, per the Federal Register notice.

Is fair market rent what a landlord charges?

No. It is HUD's estimate of the 40th percentile gross rent (rent plus utilities) for standard-quality units in the area, used for housing assistance programs.

Does the FMR include utilities?

Yes. HUD describes the FMR as the gross rent, which is shelter rent plus utilities.

Where do I find rents by ZIP code?

HUD also publishes small area fair market rents by ZIP code for metropolitan areas that use them; see the ZIP code lookup linked above.

Reference data, not housing advice

Figures are copied from the HUD FY2027 FMR file linked above. FMRs are program benchmarks, not market listings or a guarantee of what a voucher pays. Contact your local housing agency for the payment standard that applies to you.