Rental numbers for Hawaii County, HI
The typical home here runs -$1,707 a month at 7.78% with 25% down, breaking even at about 1.0%. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.3%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 4.3%
- 4 ZIPs with full data
- Cash flow
- -$1,707/mo
- at 7.78%, 25% down
- Typical price
- $571,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,442/mo
- Zillow ZORI, Aug 2026
ZIP codes in Hawaii County
24 with published figures
| 96778Pahoa | $288,000 | $1,883 | 7.8% | 5.0% | -$357 | n/a |
| 96777Pahala | $291,000 | $1,870* | 7.7% | 4.8% | -$397 | n/a |
| 96771Mountain View | $324,000 | $1,940* | 7.2% | 4.5% | -$545 | n/a |
| 96704Captain Cook | $453,000 | $2,550* | 6.8% | 4.1% | -$882 | n/a |
| 96760Kurtistown | $361,000 | $1,870* | 6.2% | 3.6% | -$850 | n/a |
| 96785Volcano | $364,000 | $1,870* | 6.2% | 3.6% | -$854 | n/a |
| 96772Naalehu | $402,000 | $1,870* | 5.6% | 3.2% | -$1,105 | n/a |
| 96728Honomu | $522,000 | $2,310* | 5.3% | 3.0% | -$1,522 | n/a |
| 96781Papaikou | $532,000 | $2,280* | 5.1% | 2.9% | -$1,582 | n/a |
| 96749Keaau | $467,000 | $1,870* | 4.8% | 2.5% | -$1,538 | n/a |
| 96720Hilo | $551,000 | $2,131 | 4.6% | 2.4% | -$1,847 | n/a |
| 96783Pepeekeo | $553,000 | $2,020* | 4.4% | 2.2% | -$1,953 | n/a |
| 96776Honokaa | $538,000 | $1,950* | 4.3% | 2.1% | -$1,978 | n/a |
| 96738Waikoloa | $833,000 | $2,830* | 4.1% | 2.1% | -$3,019 | n/a |
| 96740Kailua Kona | $873,000 | $2,806 | 3.9% | 1.8% | -$3,379 | n/a |
| 96755Kapaau | $635,000 | $1,970* | 3.7% | 1.7% | -$2,510 | n/a |
| 96727Honokaa | $650,000 | $1,980* | 3.6% | 1.7% | -$2,589 | n/a |
| 96764Laupahoehoe | $626,000 | $1,870* | 3.6% | 1.7% | -$2,470 | n/a |
| 96719Hawi | $847,000 | $2,350* | 3.3% | 1.5% | -$3,544 | n/a |
| 96743Waimea | $1,260,000 | $3,500 | 3.3% | 1.4% | -$5,304 | n/a |
| 96750Kealakekua | $778,000 | $1,870* | 2.9% | 1.1% | -$3,500 | n/a |
| 96710Honomu | $960,000 | $2,280* | 2.9% | 1.0% | -$4,388 | n/a |
| 96725Holualoa | $1,028,000 | $2,390* | 2.8% | 0.9% | -$4,763 | n/a |
| 96780Papaaloa | $827,000 | $1,870* | 2.7% | 1.1% | -$3,713 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.6%
- Rent, 12 months
- +7.8%
- Rent minus price growth
- +6.2 pts
- Property tax
- 0.28%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $469,184 | $1,646 |
| Aug 2022 | $581,285 | $1,900 |
| Aug 2023 | $563,572 | $2,015 |
| Aug 2024 | $579,922 | $2,171 |
| Aug 2025 | $561,910 | $2,266 |
| Aug 2026 | $570,916 | $2,442 |
HUD Fair Market Rent
FY2027, Hawaii County, HI
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,605 | $1,615 | $2,081 | $2,620 | $2,910 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 14.4
- 1,066 units, last 12 months
- National percentile
- 82th
- among US counties
Tools
Questions
- Is Hawaii County good for rental property?
- The typical home here runs -$1,707 a month at 7.78% with 25% down, breaking even at about 1.0%. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Hawaii County?
- About 0.28% of value, from Census ACS median taxes paid over median home value. On a $571,000 home that is about $1,604 a year.
- What is Fair Market Rent in Hawaii County?
- HUD's FY2027 Fair Market Rent here is $1,615 for a 1-bedroom, $2,081 for a 2-bedroom and $2,620 for a 3-bedroom. Typical cash flow at today's rate is -$1,707 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.