Real Estate Investing in Honolulu, Hawaii (96825)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96825 (Honolulu, HI)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.2 — hard to cash-flow at these prices.
What’s happening in Honolulu, HI (96825)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 96825 Honolulu
ZIP 96825 inside Honolulu County looks affordable on the surface — median value of $1.2M — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 96825 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 96825 sits on the difficult end of the HI spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 96825 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 96825 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Honolulu:
Property Strategy for 96825
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $545,180 | $3,020 | 4.0% | +2.6% | $545,180 |
| 2BR | $793,379 | $3,960 | 3.6% | +4.0% | $396,690 |
| 3BR | $1,207,578 | $5,510 | 3.3% | +6.1% | $402,526 |
| 4BR | $1,480,897 | $6,640 | 3.2% | +6.9% | $370,224 |
| 5BR | $1,731,748 | — | — | +7.4% | $346,350 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 96825 Compare?
| Metric | 96825 | Honolulu | Urban Honolulu, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $1,245,131 | $695,893 | N/A | $824,731 |
| 5-Year CAGR | 4.3% | 1.9% | N/A | 5.4% |
| Avg Rent | $4,124 | $2,903 | N/A | - |
| Cap Rate | 2.6% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 96825 (Honolulu, HI). Anonymous, moderated, never written by AI.
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Property managers serving Honolulu County
Manage rentals here? List your business →HappyDoors Property Management offers services in Honolulu, Oahu, Hawaii, HI. summary from their website
Oishi's Property Management, founded in 1977 in Honolulu, Hawaii, provides quality management services to owners and condominium associations, also serving Las Vegas. summary from their website
Real Property Management Honolulu is a property management company in Honolulu, Hawaii. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,245,131 |
| Monthly Rent | $4,124 |
| Price-to-Rent | 25.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 96825
Population: 30,904
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 96825
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,900 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Honolulu, HI a good investment right now?
With a 3.0/5 investability score, Honolulu, HI ranks as a solid market for rental property investors. Median prices of $1.2M and rents of $4,124/mo drive the underlying numbers.
What approach is best for Honolulu, HI real estate?
Investors usually favor careful cash-flow rentals with hands-on management in Honolulu, HI. With home values at $1.2M and rents near $4,124/mo, other strategies can work but produce steady rather than outsized returns.
How tight is the rental market in Honolulu, HI?
Expect elevated vacancy in Honolulu, HI. Rents at $4,124/mo are absorbed by the tenant base without meaningful lag.
How do landlord-tenant laws work in Honolulu, HI?
Honolulu, HI falls under HI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What is the typical renter like in Honolulu, HI?
Honolulu, HI draws a reliable base of working renters. Demand at the $4,124/mo rent level is reasonable for standard single-family and small multi rentals.
You know 96825 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 96825 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 96825 ranks in Urban Honolulu, HI
Every ZIP in this metro, ranked. Free.
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