Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hawaii area can be challenging. Home prices in Hawaii are now at a median cost of $682,000, higher than the the United States average of $313,691.
The average cost of rent is $1,920/mo in Hawaii, primarily driven by the current value of real estate in the Hawaii area. While nearly 38.21% of residents own their homes outright in Hawaii, 36.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hawaii is $7,775 per month. Households that rent pay about 24.70% of their income on rent here. Hawaii's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the state.
Nearby States
States with Similar Populations
- Arkansas: less expensive homes
- California: equally priced homes
- Florida: less expensive homes
- Georgia: less expensive homes
- Alaska: less expensive homes
- North Carolina: less expensive homes
- South Carolina: less expensive homes
- North Dakota: less expensive homes
- Ohio: less expensive homes
- Oklahoma: less expensive homes
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