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These days, finding an affordable place to live in the Hanalei area can be challenging. Home prices in Hanalei are now at a median cost of $1,289,428, higher than the Hawaii average of $856,044.
The average cost of rent is $1,478/mo in Hanalei, primarily driven by the current value of real estate in the Hanalei area. In Hanalei, 41.03% of households rent, and 45.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hanalei is $11,303 per month. Households that rent pay about 13.08% of their income on rent here. Hanalei’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wainiha, HI: less expensive homes
- Princeville, HI: equally priced homes
- Kilauea, HI: equally priced homes
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- Anahola, HI: less expensive homes
- Kumukumu, HI: equally priced homes
- Kealia, HI: equally priced homes
- Kapaia, HI: less expensive homes
- Hanapepe Heights, HI: less expensive homes
Cities with Similar Populations
- Fairfield, KY: less expensive homes
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- Forty Four, AR: less expensive homes
- Fort Hancock, TX: less expensive homes
- Flackville, NY: less expensive homes
- Figsboro, VA: less expensive homes
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