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These days, finding an affordable place to live in the Honokowai area can be challenging. Home prices in Honokowai are now at a median cost of $1,852,921, higher than the Hawaii average of $856,044.
The average cost of rent is $3,417/mo in Honokowai, primarily driven by the current value of real estate in the Honokowai area. In Honokowai, 14.57% of households rent, and 43.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Honokowai is $10,343 per month. Households that rent pay about 33.04% of their income on rent here. Honokowai’s most expensive areas are in the southern 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
- Lahaina, HI: less expensive homes
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- Olowalu, HI: equally priced homes
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Cities with Similar Populations
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- Fort Defiance, NM: less expensive homes
- Fortsonia, GA: less expensive homes
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