The Most Affordable Neighborhoods in Kalihi-Palama, Honolulu, HI by Home Value

 

Kalihi-Palama, Honolulu, HI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kalihi-Palama area can be challenging. Home prices in Kalihi-Palama are now at a median cost of $683,180, lower than the Honolulu average of $903,830.

The average cost of rent is $1,466/mo in Kalihi-Palama, primarily driven by the current value of real estate in the Kalihi-Palama area. In Kalihi-Palama, 66.86% of households rent, and 39.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Kalihi-Palama is $7,394 per month. Households that rent pay about 19.82% of their income on rent here. Kalihi-Palama’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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