Rent vs Buy in Hawaii
Compare 1 cities across Hawaii. Find out whether renting or buying makes more financial sense in your area.
1cities analyzed
Avg Home:$930,000
Avg Rent:$2,900/mo
Avg Price/Rent:26.7
Hawaii Housing Market Summary
1
Cities Analyzed
0
Favor Buying
1
Favor Renting
0
Toss-Up
Across Hawaii's 1 analyzed cities, the majority (1 cities) favor renting over buying. High home prices relative to rents make renting more financially attractive in much of Hawaii.
The average home price in Hawaii is $930,000, with average rents at $2,900/month. This gives an average price-to-rent ratio of 26.7.
All Hawaii Cities
Sorted by population. Click any city for detailed analysis.
| City | Median Price | Median Rent | Price/Rent | Break-even | Verdict |
|---|---|---|---|---|---|
| Honolulu | $930,000 | $2,900 | 26.7 | 15 yrs | Rent |
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