Wailea renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Wailea is about $1,337 per month. This puts it in the 40th percentile compared to the state average cost of rent, which is $1,920. Households in Wailea have a median income of $6,472 per month so the average renter in Wailea is spending roughly 21% of their earnings on housing.
Nationally, and in Wailea, home values are the data point most closely correlated with the cost of rent. The median price of a home in Wailea is $510,713 right now, which is higher than nearby cities, meaning that rents in Wailea also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Wailea while lower rent rates are often available in western areas.
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