HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Kalawao County, Hawaii (FY 2027)
$2,326 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Kalawao County, and it's the baseline every voucher in Kalawao is measured against.
Two-bedroom FMR
$2,326
-6.7% from FY 2026
Payment standard
$2,093–$2,559
90% to 110% of the FMR, two-bedroom
Income to afford
$93,040
a year, with rent at 30% of income
Rank in Hawaii
3rd of 5
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,621 | $1,459–$1,783 | $64,840 | $31.17/hr | -10.0% |
| 1 bedroom | $1,778 | $1,600–$1,956 | $71,120 | $34.19/hr | -6.4% |
| 2 bedroom | $2,326 | $2,093–$2,559 | $93,040 | $44.73/hr | -6.7% |
| 3 bedroom | $2,932 | $2,639–$3,225 | $117,280 | $56.38/hr | -9.1% |
| 4 bedroom | $3,630 | $3,267–$3,993 | $145,200 | $69.81/hr | -9.8% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $4,175 | $3,758–$4,593 |
| 6 bedroom Estimate | $4,719 | $4,247–$5,191 |
| 7 bedroom Estimate | $5,264 | $4,738–$5,790 |
| 8 bedroom Estimate | $5,808 | $5,227–$6,389 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Kalawao actually rent for?
Search any address in Kalawao for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Kalawao somewhere between $2,093 and $2,559. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$2,326 a month is affordable, by HUD's 30% rule, on an income of roughly $93,040 a year. Put another way, $45 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$2,093 | Voucher pays at 100%$2,326 | Voucher pays at 110%$2,559 |
|---|---|---|---|---|
| $2,500 | $750 | $1,343 | $1,576 | $1,809 |
| $4,000 | $1,200 | $893 | $1,126 | $1,359 |
Rate history
The two-bedroom rate went down 7% from FY 2026 ($2,492) to FY 2027 ($2,326). Since FY 2020 it's up 32% in total, about 4.1% a year. The Hawaii median moved down 7% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $1,275 | $1,394 | $1,759 | $2,496 | $2,846 | — |
| FY 2021 | $1,321 | $1,408 | $1,772 | $2,461 | $2,724 | +0.7% |
| FY 2022 | $1,189 | $1,303 | $1,714 | $2,247 | $2,452 | -3.3% |
| FY 2023 | $1,148 | $1,304 | $1,717 | $2,224 | $2,450 | +0.2% |
| FY 2024 | $1,208 | $1,296 | $1,703 | $2,197 | $2,485 | -0.8% |
| FY 2025 | $1,339 | $1,370 | $1,797 | $2,325 | $2,643 | +5.5% |
| FY 2026 | $1,801 | $1,899 | $2,492 | $3,227 | $4,024 | +38.7% |
| FY 2027In effect | $1,621 | $1,778 | $2,326 | $2,932 | $3,630 | -6.7% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Kalawao, that runs from $1,621 for a studio up to $3,630 for four bedrooms, all five rates in the table above.
Kalawao is its own HUD metro area (Kalawao County, HI), so the rate here is set from rents inside the county rather than a wider region.
Among Hawaii's 5 counties, Kalawao ranks 3rd for two-bedroom FMR. That's within a couple percent of the state median of $2,326 and about 119% above the national median county at $1,063. About 67 people live here, 5th in the state.
Questions people ask
$2,326 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,621 for a studio, $1,778 for one bedroom, $2,932 for three and $3,630 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Kalawao actually go for?
HUD's number is one input. Search any address in Kalawao for a rent estimate built from nearby comps. Free to start, no card.
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