Most Affordable ZIP Codes in Urban Honolulu, HI (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 96815 | Honolulu, HI | $502,243 | $2,711 | 4.21% | 1.6% |
| 2 | 96814 | Honolulu, HI | $651,128 | $3,340 | 4.00% | 1.8% |
| 3 | 96701 | Aiea, HI | $828,177 | $2,752 | 2.59% | 2.3% |
| 4 | 96706 | Ewa Beach, HI | $829,708 | $3,573 | 3.36% | 2.0% |
| 5 | 96786 | Wahiawa, HI | $855,603 | $2,410 | 2.20% | 3.0% |
| 6 | 96707 | Kapolei, HI | $857,408 | $3,467 | 3.15% | 2.7% |
| 7 | 96717 | Hauula, HI | $859,056 | $2,511 | 2.28% | 3.3% |
| 8 | 96797 | Waipahu, HI | $870,324 | $2,897 | 2.60% | 3.1% |
| 9 | 96789 | Mililani, HI | $876,347 | $3,078 | 2.74% | 3.4% |
| 10 | 96782 | Pearl City, HI | $940,406 | $2,591 | 2.15% | 2.7% |
| 11 | 96791 | Waialua, HI | $1,037,306 | $2,871 | 2.16% | 3.8% |
| 12 | 96730 | Kaaawa, HI | $1,062,165 | $2,016 | 1.48% | 4.5% |
| 13 | 96731 | Kahuku, HI | $1,071,059 | $1,980 | 1.44% | 5.0% |
| 14 | 96744 | Kaneohe, HI | $1,088,808 | $3,593 | 2.57% | 2.9% |
| 15 | 96825 | Honolulu, HI | $1,245,131 | $4,124 | 2.58% | 4.3% |
| 16 | 96734 | Kailua, HI | $1,533,177 | $4,015 | 2.04% | 4.7% |
| 17 | 96821 | Honolulu, HI | $1,833,930 | $4,198 | 1.79% | 5.0% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Urban Honolulu, HI · Appreciation in Urban Honolulu, HI
Or see the full Urban Honolulu, HI metro profile.