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Affordable
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These days, finding an affordable place to live in the Volcano area can be challenging. Home prices in Volcano are now at a median cost of $422,393, lower than the Hawaii average of $856,044.
The average cost of rent is $1,867/mo in Volcano, primarily driven by the current value of real estate in the Volcano area. In Volcano, 19.01% of households rent, and 51.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Volcano is $6,253 per month. Households that rent pay about 29.86% of their income on rent here. Volcano’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
- Fern Forest, HI: less expensive homes
- Mountain View, HI: less expensive homes
- Kalapana, HI: less expensive homes
- Kurtistown, HI: equally priced homes
- Kukui, HI: higher priced homes
- Keaau, HI: less expensive homes
- Ainaloa, HI: less expensive homes
- Hawaiian Paradise Park, HI: equally priced homes
- Pahoa, HI: less expensive homes
- Paauhau, HI: higher priced homes
Cities with Similar Populations
- Vermontville, MI: less expensive homes
- Adrian, MO: less expensive homes
- Kapaau, HI: higher priced homes
- Jane Lew, WV: less expensive homes
- Inez, TX: less expensive homes
- Hickman, KY: less expensive homes
- Ponce de Leon, FL: less expensive homes
- Goodman, MO: less expensive homes
- Washington Grove, MD: higher priced homes
- Delavan Lake, WI: less expensive homes
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