Real Estate Investing in Papaaloa, Hawaii

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

1 ZIP codes • Population: 425 • Hawaii County

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

🏠 For Homebuyers
CAUTION
Grade D (42/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
3 flags
  • Elevated poverty: 45.3% poverty rate — can affect rent collection.
  • Higher unemployment: 7.8% unemployment — tenant risk signal.
  • Lower household income: $35,221 median — tenant affordability is tighter.

What’s happening in Papaaloa, HI?

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2.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.8% 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 $840,548
Avg Monthly Rent $1,683
ZIP Codes 1

Investing in Papaaloa Real Estate

Across Papaaloa's 1 ZIPs, the picture is muted: $841K median values, $1,683/mo rents, and a population that has faced real economic pressure.

firmly Papaaloa's aggregate rating of ★★☆☆☆ reflects lackluster investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

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

A an established population with $N/AK household income profile is what makes Papaaloa a challenging rental market — the tenant base is present, but the affordability math is tight.

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

Papaaloa 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 Papaaloa, HI. Anonymous, moderated, never written by AI.

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Avg Home Value
$840,548
Avg Monthly Rent
$1,683
1% Rule
✗ Below
Landlord Friendly (HI)

📉 Market Crash Risk Index

Based on Hilo, HI metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
68%
Days Pending
2/2
87 days

View all metro crash risk rankings →

❄️ Cool Market — Hilo, HI metro
87
Days to pending
6.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Papaaloa, HI

Screen every ZIP in Papaaloa

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

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Frequently Asked Questions About Papaaloa, HI

What is the typical home price in Papaaloa, HI?

Homes in Papaaloa, HI typically sell near $841K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

Are landlord laws favorable in Papaaloa, HI?

Papaaloa, HI operates under HI law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.

What is the investability score for Papaaloa, HI?

Papaaloa, HI comes in at an investability rating of 2.0/5, with median home values near $841K and average rents around $1,683/mo. That combination puts it in the sturdy tier for investor interest.

Does house hacking work in Papaaloa, HI?

House hacking works a challenging in Papaaloa, HI. Rents of $1,683/mo against $841K acquisition make the strategy solid for owner-occupants.

What is the renter demographic in Papaaloa, HI?

Papaaloa, HI offers a reliable renter base at the $1,683/mo rent level. Tenant turnover is reasonable for well-managed properties.

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