Honolulu Investment Analysis

Investment Property in Honolulu, HI

Discover Investment Performance Rent Prices Top Properties Top Neighborhoods Attractions Insights

Discover

Honolulu

It’s a city sought-after simply for its beautiful scenery. The amazing water and perfect beaches call out to tourists and make a great location for vacation rental properties and real estate investing.

While the Honolulu housing market is one of the most expensive in the U.S., homes appreciation levels are high and in the past few years, appreciation levels reached a point in which the Honolulu market was able to go back to the home prices they were at before the recession.

Luxury condominiums are becoming prominent in Honolulu, especially in Waikiki, a top tourist location. These condominiums have also contributed to the rising home prices.

Supply and demand in the Honolulu real estate market are both supported by the job sector which is equally as strong. This means the job sector is becoming parallel with rising home prices. Taking this into consideration along with low interest rates is encouraging for buyers to continue their activity in the real estate market.

Investment properties are performing very well, specifically buy-and-hold properties. The average rent for an apartment within 10 miles of Honolulu is approximately $2,800/month. Although appreciation levels are below the national average, they have significantly increased in the past few years which is a bonus for real estate investments.

Honolulu, HI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 650,000

Median

1,144

Avg/Sq.ft.

CASH ON CASH RETURN

2.00%

Traditional

3.00%

Airbnb

RENTAL INCOME

$ 2,688

Traditional

$ 3,251

Airbnb

RENTAL INCOME

$ 2,688

Traditional

$ 3,251

Airbnb

NUMBER OF PROPERTIES

1,131

Investment

4,990

Airbnb

1,192

Traditional

51%

Airbnb occupancy rate

Honolulu, HI Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 2,890	$ 5,349	$ 6,161	N/A
Traditional	$ 1,970	$ 2,677	$ 3,637	$ 4,805

Airbnb

1 ROOM	$ 2,890
2 ROOMS	$ 5,349
3 ROOMS	$ 6,161
4 ROOMS	N/A

Traditional

1 ROOM	$ 1,970
2 ROOMS	$ 2,677
3 ROOMS	$ 3,637
4 ROOMS	$ 4,805

Predict Short-Term Rental Revenue

Want to host your STR property on Airbnb?
Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.

Airbnb Calculator

Investment Properties for Sale in Honolulu, HI

$385,000

MLS 202521546

1069 Spencer Street #101, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 718 sq.ft.

CAP RATE Trad. 5.66% Airbnb 10.11%

Analyze Property

$380,000

MLS 202513407

1519 Kaumualii Street #316, Honolulu, HI 96817

Kalihi-Palama

Condo/Coop

2 beds 1 baths 609 sq.ft.

CAP RATE Trad. 4.74% Airbnb 10.09%

Analyze Property

$379,000

MLS 202518620

955 Ala Lilikoi Street #502, Honolulu, HI 96818

Aliamanu-Salt Lake-Foster Village

Condo/Coop

2 beds 1 baths 606 sq.ft.

CAP RATE Trad. 5.44% Airbnb 10.09%

Analyze Property

$380,000

MLS 202520353

780 Amana Street #707, Honolulu, HI 96814

Ala Moana

Condo/Coop

2 beds 2 baths 778 sq.ft.

CAP RATE Trad. 6.22% Airbnb 10.08%

Analyze Property

$390,000

MLS 202520433

1508 Kewalo Street #101B, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 608 sq.ft.

CAP RATE Trad. 4.48% Airbnb 10.07%

Analyze Property

$385,000

MLS 202513693

780 Amana Street #205, Honolulu, HI 96814

Ala Moana

Condo/Coop

2 beds 2 baths 838 sq.ft.

CAP RATE Trad. 6.07% Airbnb 10.03%

Analyze Property

$393,000

MLS 202514995

1099 Green Street #B209, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 633 sq.ft.

CAP RATE Trad. 4.32% Airbnb 10.00%

Analyze Property

$395,000

MLS 202515741

1535 Pensacola Street #208, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 630 sq.ft.

CAP RATE Trad. 5.04% Airbnb 10.00%

Analyze Property

Single Family Houses for Sale in Honolulu, HI

$500,000

MLS 202512457

756 Iaukea Street, Honolulu, HI 96813

Makiki-Lower Punchbowl-Tantalus

Single Family Residential

3 beds 1 baths 864 sq.ft.

CAP RATE Trad. 3.98% Airbnb 7.24%

Analyze Property

$899,000

MLS 202512466

252 Moomuku Place #4, Honolulu, HI 96821

Kuliouou-Kalani Iki

Single Family Residential

3 beds 2 baths 1,140 sq.ft.

CAP RATE Trad. 2.61% Airbnb 6.84%

Analyze Property

$615,000

MLS 202504667

708 Panui Street, Honolulu, HI 96817

Liliha-Kapalama

Single Family Residential

3 beds 1 baths 820 sq.ft.

CAP RATE Trad. 2.76% Airbnb 6.70%

Analyze Property

$580,000

MLS 202518971

2001 Kamalalehua Place, Honolulu, HI 96813

Makiki-Lower Punchbowl-Tantalus

Single Family Residential

3 beds 3 baths 1,420 sq.ft.

CAP RATE Trad. 5.33% Airbnb 6.10%

Analyze Property

$775,000

MLS 202516128

1560 Murphy Street #A, Honolulu, HI 96819

Liliha-Kapalama

Single Family Residential

3 beds 2 baths 964 sq.ft.

CAP RATE Trad. 2.69% Airbnb 5.39%

Analyze Property

$769,000

MLS 202515388

1915 Lohilani Street #B, Honolulu, HI 96819

Kalihi-Palama

Single Family Residential

3 beds 1 baths 920 sq.ft.

CAP RATE Trad. 2.61% Airbnb 5.35%

Analyze Property

$650,000

MLS 202428131

2150 Kapahu Street, Honolulu, HI 96813

Makiki-Lower Punchbowl-Tantalus

Single Family Residential

3 beds 2 baths 1,020 sq.ft.

CAP RATE Trad. 4.27% Airbnb 5.34%

Analyze Property

$800,000

MLS 202510831

1924 Skyline Drive, Honolulu, HI 96817

Liliha-Kapalama

Single Family Residential

3 beds 2 baths 1,850 sq.ft.

CAP RATE Trad. 4.18% Airbnb 5.10%

Analyze Property

Condos for Sale in Honolulu, HI

$385,000

MLS 202521546

1069 Spencer Street #101, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 718 sq.ft.

CAP RATE Trad. 5.66% Airbnb 10.11%

Analyze Property

$380,000

MLS 202513407

1519 Kaumualii Street #316, Honolulu, HI 96817

Kalihi-Palama

Condo/Coop

2 beds 1 baths 609 sq.ft.

CAP RATE Trad. 4.74% Airbnb 10.09%

Analyze Property

$379,000

MLS 202518620

955 Ala Lilikoi Street #502, Honolulu, HI 96818

Aliamanu-Salt Lake-Foster Village

Condo/Coop

2 beds 1 baths 606 sq.ft.

CAP RATE Trad. 5.44% Airbnb 10.09%

Analyze Property

$380,000

MLS 202520353

780 Amana Street #707, Honolulu, HI 96814

Ala Moana

Condo/Coop

2 beds 2 baths 778 sq.ft.

CAP RATE Trad. 6.22% Airbnb 10.08%

Analyze Property

$390,000

MLS 202520433

1508 Kewalo Street #101B, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 608 sq.ft.

CAP RATE Trad. 4.48% Airbnb 10.07%

Analyze Property

$385,000

MLS 202513693

780 Amana Street #205, Honolulu, HI 96814

Ala Moana

Condo/Coop

2 beds 2 baths 838 sq.ft.

CAP RATE Trad. 6.07% Airbnb 10.03%

Analyze Property

$393,000

MLS 202514995

1099 Green Street #B209, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 633 sq.ft.

CAP RATE Trad. 4.32% Airbnb 10.00%

Analyze Property

$395,000

MLS 202515741

1535 Pensacola Street #208, Honolulu, HI 96822

Ala Moana

Condo/Coop

2 beds 1 baths 630 sq.ft.

CAP RATE Trad. 5.04% Airbnb 10.00%

Analyze Property

Top Honolulu, HI Neighborhoods - Real Estate Market Analysis

Kalihi-Palama

60%

60% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

2.05%

Traditional

6.78%

Airbnb

RENTAL INCOME

$ 1,865

Traditional

$ 4,002

Airbnb

73%

Airbnb occupancy rate

Analyze neighborhood

McCully-Moiliili

53%

53% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

2.73%

Traditional

4.71%

Airbnb

RENTAL INCOME

$ 2,095

Traditional

$ 3,738

Airbnb

49%

Airbnb occupancy rate

Analyze neighborhood

Aliamanu-Salt Lake-Foster Village

46%

46% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

3.25%

Traditional

1.17%

Airbnb

RENTAL INCOME

$ 2,354

Traditional

$ 1,800

Airbnb

73%

Airbnb occupancy rate

Analyze neighborhood

Downtown

45%

45% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

2.97%

Traditional

4.19%

Airbnb

RENTAL INCOME

$ 2,509

Traditional

$ 4,455

Airbnb

53%

Airbnb occupancy rate

Analyze neighborhood

Makiki-Lower Punchbowl-Tantalus

45%

45% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

1.84%

Traditional

4.18%

Airbnb

RENTAL INCOME

$ 2,085

Traditional

$ 4,630

Airbnb

69%

Airbnb occupancy rate

Analyze neighborhood

Liliha-Kapalama

45%

45% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

2.75%

Traditional

4.97%

Airbnb

RENTAL INCOME

$ 2,231

Traditional

$ 3,886

Airbnb

65%

Airbnb occupancy rate

Analyze neighborhood

Hawaii Kai

43%

43% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

2.58%

Traditional

1.39%

Airbnb

RENTAL INCOME

$ 2,820

Traditional

$ 3,314

Airbnb

43%

Airbnb occupancy rate

Analyze neighborhood

Kuliouou-Kalani Iki

41%

41% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

1.40%

Traditional

1.04%

Airbnb

RENTAL INCOME

$ 2,961

Traditional

$ 4,229

Airbnb

50%

Airbnb occupancy rate

Analyze neighborhood

Diamond Head-Kapahulu-St. Louis

39%

39% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

2.38%

Traditional

3.35%

Airbnb

RENTAL INCOME

$ 2,463

Traditional

$ 3,753

Airbnb

49%

Airbnb occupancy rate

Analyze neighborhood

Palolo

38%

38% Mashmeter

PROPERTY PRICE

$695,000

Median for city

CAP RATE

3.06%

Traditional

2.87%

Airbnb

RENTAL INCOME

$ 2,731

Traditional

$ 3,507

Airbnb

59%

Airbnb occupancy rate

Analyze neighborhood

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Kihei	$1,095,000	1%	1%	$2,961	$3,759	364	41%
Kailua Kona	$929,000	2%	1%	$3,390	$4,272	161	43%
Pahoa	$345,000	8%	3%	$3,178	$2,053	95	42%
Wailuku	$799,000	2%	2%	$3,017	$2,943	81	37%
Kailua	$1,499,000	1%	1%	$4,050	$3,515	67	47%
Hilo	$634,500	4%	2%	$3,267	$2,855	50	43%