The Most Affordable Neighborhoods in Kaneohe Bay, HI by Home Value

 

Kaneohe Bay, HI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kaneohe Bay area can be challenging. Home prices in Kaneohe Bay are now at a median cost of $1,367,600, higher than the Hawaii average of $856,044.

The average cost of rent is $3,185/mo in Kaneohe Bay, primarily driven by the current value of real estate in the Kaneohe Bay area. In Kaneohe Bay, 95.53% of households rent, and 49.02% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Kaneohe Bay is $4,279 per month. Households that rent pay about 74.44% of their income on rent here. Kaneohe Bay’s most expensive areas are in the central 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.


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