Housing market/Hawaii/ZIP 96707

ACS 2023 · FY2027 SAFMR

ZIP 96707 Kapolei, 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
49,316
Households
15,054
Median HH income
$121,409
Renter share
26.5%
Median gross rent
$2,551
Vacancy
9.1%
Pop. change
+2.8%
2BR SAFMR
$3,130
SAFMR / rent
1.227×
2–49 unit stock
4,457
LIHTC proj / units
8 / 714
HUD assisted MF
2 / 79

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 96707 · HI — sent to you.

ZIP 96707 · HI

ACS median rent$2,551
2BR SAFMR$3,130
90% floor$2,817
110% ceiling$3,443

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

Housing stock

ACS 2023 units-in-structure · ZCTA 96707

  • 1-unit detached8,65752.3%
  • 1-unit attached2,14813.0%
  • 2–4 units1,3808.3%
  • 5–49 units3,07718.6%
  • 50+ units1,1747.1%
  • Mobile1180.7%
TypeUnitsShare
1-unit detached8,65752.3%
1-unit attached2,14813.0%
2 units (duplex)1621.0%
3–4 units1,2187.4%
5–9 units2,14312.9%
10–19 units7054.3%
20–49 units2291.4%
50+ units1,1747.1%
Mobile1180.7%

2–4 unit share 8.3% · 5–49 unit share 18.6% · combined 2–49 26.9%.

Units by bedrooms

Studio
316
1BR
626
2BR
4,140
3BR
6,833
4BR
3,962
5+
677

Rent burden

Rent ≥30% of income65.5%
Rent ≥50% of income29.3%
  • ACS median gross rent $2,551 (all bedrooms, occupied rentals).
  • Median contract rent $2,287.
  • Renters paying ≥30% of income 65.5%; ≥50% 29.3%.
  • FY2027 2BR SAFMR $3,130 (1.227× ACS median gross rent).

Population

49,316 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.8%.

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

Assisted inventory

  • LIHTC: 8 projects, 714 units.
  • HUD project-based assisted MF: 2 properties, 79 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 96707 26.5% of occupied households are renters; vacancy is 9.1%; ACS median gross rent is $2,551; population increased +2.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,380 units in 2–4-unit structures and 3,077 units in 5–49-unit structures; 8 LIHTC projects totaling 714 units; FY2027 2BR SAFMR is $3,130 versus ACS median gross rent of $2,551. 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 96707 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 96707?

ZIP 96707 (Urban Honolulu, HI MSA) has 49,316 residents, 15,054 households, a renter share of 26.5%, median household income of $121,409, and ACS 2023 median gross rent of $2,551. Vacancy is 9.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 96707?

ACS counts 162 units in 2-unit buildings, 1,218 in 3–4 unit buildings, 2,143 in 5–9, 705 in 10–19, and 229 in 20–49. Combined 2–49 unit stock is 4,457 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 96707?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,130. See the full schedule and 90–110% payment-standard band on the ZIP 96707 — Kapolei, HI HUD Section 8 Payment Standards / SAFMR.

Does this Hawaii ZIP profile include Georgia listings?

No. ZIP 96707 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.