Real Estate Investing in Hawaii

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

10 counties • 80 cities • Landlord Friendliness: 4/5

Investability

Top ZIPs average

Appreciation

5.4% 5yr CAGR

Landlord Climate

Regulatory friendliness

Landlord Friendliness: Hawaii

★ ★ ★ ★ ★ 4/5

Eviction Speed Fast 5 days

Rent Control No rent control (none statewide)

Security Deposit No limit

📊 Hawaii Market Overview

Median Home Value $824,731

1-Year CAGR -2.8%

5-Year CAGR +5.4%

10-Year CAGR +4.7%

Investing in Hawaii Real Estate

clearly Hawaii (HI) shows the kind of soft fundamentals that keep most out-of-state capital on the sidelines — material structural challenges rather than temporary rough patches.

Statewide, Hawaii market conditions have been modest. Days-on-market has stretched, rent growth has slowed, and the 0.0% 5-year CAGR understates how uneven the underlying counties really are.

For investors in Hawaii's weaker markets, the landlord environment is one more variable to underwrite carefully. less favorable for courts can be slow, and enforcement costs real money.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.

Open the Market Finder →

Free to search · investor plans from $19/mo

Avg Home Value $824,731

Cities Tracked 80

ZIP Codes 123

Market Trends — Hawaii

Statewide Home Value History

Statewide Rent History

Top ZIP Codes in Hawaii

🎓 Education in Hawaii

🏫 Top K-12 Schools

A+

Lahaina Intermediate School

Lahaina

A+

Makaha Elementary School

Waianae

A+

Waimalu Elementary School

Aiea

A+

Kaala Elementary School

Wahiawa

A+

Helemano Elementary School

Wahiawa

A+

President George Washington Middle School

Honolulu

View all schools in Hawaii →

🎓 Top Colleges & Universities

University of Hawaii at Manoa

Honolulu · 19,256 students

Brigham Young University-Hawaii

Laie · 2,836 students

C+

Pacific Rim Christian University

Honolulu · 169 students

C+

University of Hawaii at Hilo

Hilo · 2,781 students

C+

Hawaii Community College

Hilo · 2,260 students

University of Phoenix-Hawaii

Kapolei · 10 students

View all colleges in Hawaii →

📊 Explore More for Hawaii

🏠 Landlord-Friendly States 💰 Lowest Property Tax States 📈 Best States for Investing 💼 Career Paths & Salaries 📚 Degree Programs 🎓 Hawaii Colleges

Counties in Hawaii

Honolulu County (28 ZIPs) Hawaii County (24 ZIPs) Maui County (13 ZIPs) Kauai County (11 ZIPs) Honolulu (10 ZIPs) Kauai (5 ZIPs) Hawaii (4 ZIPs) Maui (1 ZIPs) Kalawao (1 ZIPs)

Major Cities in Hawaii

Honolulu (14 ZIPs) Ewa Beach (1 ZIPs) Waipahu (1 ZIPs) Kaneohe (1 ZIPs) Mililani (1 ZIPs) Kailua (1 ZIPs) Hilo (1 ZIPs) Waianae (1 ZIPs) Kapolei (1 ZIPs) Wahiawa (1 ZIPs) Kailua Kona (1 ZIPs) Aiea (1 ZIPs) Pearl City (1 ZIPs) Wailuku (1 ZIPs) Kihei (1 ZIPs) Kahului (1 ZIPs) Lahaina (1 ZIPs) Kapaa (1 ZIPs) Keaau (1 ZIPs) Makawao (1 ZIPs) Lihue (1 ZIPs) Pahoa (1 ZIPs) Waimea (1 ZIPs) Haiku (1 ZIPs) Waimanalo (1 ZIPs) Kilauea (3 ZIPs) Kula (1 ZIPs) Haleiwa (1 ZIPs) Captain Cook (1 ZIPs) Mountain View (1 ZIPs) Waikoloa (1 ZIPs) Waialua (1 ZIPs) Honokaa (2 ZIPs) Kalaheo (1 ZIPs) Koloa (1 ZIPs) Kaunakakai (2 ZIPs) Laie (1 ZIPs) Jbphh (2 ZIPs) Holualoa (1 ZIPs) Hauula (1 ZIPs)

40 more cities available

Don’t scroll every ZIP in this state by hand — filter the whole state by cap rate, vacancy and appreciation with Pro Search ($19/mo), and get a weekly alert when your shortlist moves (Investor Pro+). See plans →

Not planning to self-manage? We list 4 property management companies in Hawaii — searchable by county, with focus and specialties. Browse property managers →

Popular Neighborhoods in Hawaii

Downtown Honolulu (14 ZIPs) Kaimuki Honolulu (14 ZIPs) Manoa Honolulu (14 ZIPs) Palolo Honolulu (14 ZIPs) Waikiki Honolulu (14 ZIPs)

Frequently Asked Questions About Hawaii Real Estate

How tight is the rental market in, HI?

Vacancy risk in, HI is elevated. That supports measured cash flow for typical rental holds.

What price range are homes in, HI?

Median home price in, HI is near $825K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.

Is real estate in, HI a good investment right now?

, HI rates /5 for investability. With median values at $825K and rents near, the market offers reasonable fundamentals for rental investors.

Does, HI favor landlords or tenants?

Rental owners in, HI deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Find Your Next Investment in Hawaii

Use our advanced search to filter by appreciation, cap rate, vacancy, and more.

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