Real Estate Investing in Waimea, Hawaii

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

1 ZIP codes • Population: 13,326 • Hawaii County

☆ Watch this market Free account

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

🏠 For Homebuyers
CAUTION
Grade D (40/100)

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

📈 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
1 flag
  • High vacancy: 25.1% of homes vacant — above national norms.

What’s happening in Waimea, 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

5.0% 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 $1,249,538
Avg Monthly Rent $4,225
ZIP Codes 1

Investing in Waimea Real Estate

Waimea in Hawaii is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

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

The $4,225/mo / $1.2M relationship in Waimea looks thin once vacancy and capex are incorporated into underwriting. appears to the realized yield tends to disappoint.

Distressed-leaning demographics in Waimea — 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 Hilo, HI

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

Do you own or manage rentals in Waimea, HI?

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

Avg Home Value
$1,249,538
Avg Monthly Rent
$4,225
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 Waimea, HI

Screen every ZIP in Waimea

Filter Waimea’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 Waimea, HI

Is it easy to find good tenants in Waimea, HI?

Waimea, HI offers a even-keeled renter base at the $4,225/mo rent level. Tenant turnover is reasonable for well-managed properties.

Does Waimea, HI favor landlords or tenants?

For rental operators, Waimea, HI rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

What is the rental occupancy rate in Waimea, HI?

Expect elevated vacancy in Waimea, HI. Rents at $4,225/mo are absorbed by the tenant base without meaningful lag.

How much is rent in Waimea, HI?

Rental rates in Waimea, HI average $4,225/mo. Tenant demand and $1.2M home values make the yield look reasonable by investor standards.

Can I house hack in Waimea, HI?

House hacking in Waimea, HI is a tougher. With home values around $1.2M and rents at $4,225/mo, owner-occupants can offset a meaningful share of PITI.

Community Ratings

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

Be the first to rate Waimea, HI.

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