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These days, finding an affordable place to live in the Waimea area can be challenging. Home prices in Waimea are now at a median cost of $712,118, lower than the Hawaii average of $856,044.
The average cost of rent is $1,928/mo in Waimea, primarily driven by the current value of real estate in the Waimea area. In Waimea, 25.78% of households rent, and 26.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waimea is $8,292 per month. Households that rent pay about 23.25% of their income on rent here. Waimea’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
- Kuhio Village, HI: higher priced homes
- Waipio, HI: equally priced homes
- Kukuihaele, HI: equally priced homes
- Kapulena, HI: equally priced homes
- Honokaa, HI: less expensive homes
- Puukohola Heiau National Historic Site, HI: higher priced homes
- Waikoloa, HI: equally priced homes
- Waikoloa Village, HI: less expensive homes
- Kawaihae, HI: higher priced homes
- Niulii, HI: equally priced homes
Cities with Similar Populations
- South Berwick, ME: less expensive homes
- Gainesboro, TN: less expensive homes
- Garrettsville, OH: less expensive homes
- Gateway, AK: less expensive homes
- Geneva, FL: less expensive homes
- Glen Gardner, NJ: less expensive homes
- Glen Rose, TX: less expensive homes
- Seeley, CA: less expensive homes
- Shenandoah, IA: less expensive homes
- Shillington, PA: less expensive homes
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