Real Estate Investing in Makawao, Hawaii

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

1 ZIP codes • Population: 18,782 • Maui County

☆ Watch this market Free account

Should you buy in Makawao, HI? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Makawao, HI?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.3% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $1,110,641
Avg Monthly Rent $4,039
ZIP Codes 1

Investing in Makawao Real Estate

Across Makawao's 1 ZIPs, the picture is modest: $1.1M median values, $4,039/mo rents, and a population that has faced real economic pressure.

The investment case for Makawao is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rent trends and price trends in Makawao are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Hawaii.

Distressed-leaning demographics in Makawao — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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

Best ZIP codes in Kahului-Wailuku-Lahaina, HI

Makawao is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Makawao, HI. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Makawao, HI?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$1,110,641
Avg Monthly Rent
$4,039
1% Rule
✗ Below
Landlord Friendly (HI)

ZIP Codes in Makawao, HI

Screen every ZIP in Makawao

Filter Makawao’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Makawao, HI

What type of investing works in Makawao, HI?

In Makawao, HI the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $1.1M prices and $4,039/mo rents suits that approach.

Is Makawao, HI landlord-friendly?

The landlord environment in Makawao, HI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What are home prices like in Makawao, HI?

Homes in Makawao, HI typically sell near $1.1M. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

Is house hacking profitable in Makawao, HI?

For house hackers, Makawao, HI is a tougher. The $4,039/mo rent on a unit helps defray the mortgage on a $1.1M property.

What kind of vacancy should I budget for in Makawao, HI?

Rental vacancy in Makawao, HI is elevated. Investors should budget normal turnover but not chronic empty units.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Makawao, HI.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.