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Affordable
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These days, finding an affordable place to live in the Papaikou area can be challenging. Home prices in Papaikou are now at a median cost of $526,800, lower than the Hawaii average of $856,044.
The average cost of rent is $1,480/mo in Papaikou, primarily driven by the current value of real estate in the Papaikou area. In Papaikou, 23.01% of households rent, and 58.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Papaikou is $7,263 per month. Households that rent pay about 20.38% of their income on rent here. Papaikou’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pepeekeo, HI: equally priced homes
- Wainaku, HI: equally priced homes
- Onomea, HI: higher priced homes
- Honomu, HI: equally priced homes
- Piihonua, HI: higher priced homes
- Hilo, HI: equally priced homes
- Keaukaha, HI: less expensive homes
- Wailea, HI: equally priced homes
- Honaunau, HI: less expensive homes
- Hakalau, HI: higher priced homes
Cities with Similar Populations
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- Sugar Grove, PA: less expensive homes
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- Shattuck, OK: less expensive homes
- Searles Valley, CA: less expensive homes
- Savanna, OK: less expensive homes
- Santa Fe, TN: less expensive homes
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