How much is a home worth in ZIP code 96815?

The typical home in 96815 is worth $501,922, based on the Zillow Home Value Index.

Are home values rising in 96815?

Home values in 96815 are down 0.2% over the past year, and up 2.1% a year over five years.

What is the typical rent in 96815?

A typical home in 96815 rents for about $2,824 a month, a gross rental yield of 6.8%.

What is the property tax rate in 96815?

The effective property tax rate in 96815 is 0.3% — roughly $1,604 a year on a typical home.

ZIP code 96815 has a population of 27,530 and a median household income of $77,096.

HousingHandbookReference data

…

U.S. ZIP Code · HI96815

Honolulu County · Urban Honolulu, HI

Typical home value

$501,922^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.2%
5-year / yr: +2.1%
10-year / yr: +1.5%

Relative price

vs U.S.: +76.7%
vs metro: -42.5%
vs state: -40.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 96815 is worth $501,922 — 42.5% below the Urban Honolulu, HI median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $2,824 a month — a 6.8% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,824^[2]
Gross yield: 6.8%^[2]
Cap rate: 4.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.3%^[3]
Typical annual tax: $1,604^[3]

#Climate risk

FEMA National Risk Index ratings for Honolulu County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively Moderate
Wildfire: Relatively High
Drought: Very Low
Heat wave: No Rating
Hurricane: Relatively Low
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: No Rating

#Who lives here

Population: 27,530^[3]
Median household income: $77,096^[3]

#Migration

Household moves in and out of Honolulu County over a year, from IRS tax-return data.

Net migration: -2,135^[5]
Moved in: 21,092
Moved out: 23,227

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 3
Elementary: 2
Middle: 0
High: 0

Waikiki Elementary School
Elementary · Grades PK–5 · Hawaii Department of Education
571 students
President Thomas Jefferson Elementary School
Elementary · Grades PK–5 · Hawaii Department of Education
351 students
Hawaii School for the Deaf and Blind
Other · Grades PK–12 · Hawaii Department of Education
52 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.8%

Net yield (after ~40% expenses)4.1%

Annual rent$33,892

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,538

Loan principal$401,538

Down payment$100,384

Total interest paid$512,139

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.09

Monthly cost to own$3,090

Monthly rent$2,824

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 11th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 67th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for highest rental yield in HIView list →

Frequently asked

How much is a home worth in ZIP code 96815?: The typical home in 96815 is worth $501,922, based on the Zillow Home Value Index.
Are home values rising in 96815?: Home values in 96815 are down 0.2% over the past year, and up 2.1% a year over five years.
What is the typical rent in 96815?: A typical home in 96815 rents for about $2,824 a month, a gross rental yield of 6.8%.
What is the property tax rate in 96815?: The effective property tax rate in 96815 is 0.3% — roughly $1,604 a year on a typical home.
Who lives in 96815?: ZIP code 96815 has a population of 27,530 and a median household income of $77,096.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

96818 vs 96815 →
Hickam Housing CDP, HI
Typical home
$525,358
Gross yield
5.7%
96826 vs 96815 →
Urban Honolulu CDP, HI
Typical home
$469,283
Gross yield
4.7%
96792
Waianae CDP, HI
Typical home
$576,398
Gross yield
4.5%
96814
Urban Honolulu CDP, HI
Typical home
$638,033
Gross yield
5.8%
96822
Urban Honolulu CDP, HI
Typical home
$653,635
Gross yield
3.8%
96813
Urban Honolulu CDP, HI
Typical home
$654,528
Gross yield
5.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 96815 against any other ZIP — full side-by-side table.

Compare 96815 →

#Articles featuring this ZIP

Explainers, guides, and lists that use 96815 as an example.

Listicle
Property Taxes by State: Where Homeowners Pay Most and Least in 2026
Effective property tax rates vary 7.5x across US states, but the dollar bills vary 21x because home values vary too. Where every state ranks, why low rates aren't always cheap, and the no-income-tax trade-off.

#Jump to section

U.S. ZIP Code · HI96815

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