2024 · Hawaii
Rental yield in Hawaii
In 2024, the typical rental in Hawaii produced a gross yield of 2.7% — $1,942/mo median rent against a $876K median home value, ranking 51st of 51 states.
2.7%
Gross rental yield
below the 4.9% U.S. median
$1,942/mo
Median gross rent
incl. utilities (ACS)
$876K
Median home value
owner-occupied (ACS)
Hawaii metros by yield
Metropolitan areas in Hawaii with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Urban Honolulu, HI | 2.6% | $2,001/mo | $921K |
| Kahului-Wailuku, HI | 2.2% | $1,943/mo | $1.06M |
Frequently asked questions
What is the gross rental yield in Hawaii?
In 2024, Hawaii had a gross rental yield of 2.7% — $1,942/mo median gross rent against a $876K median home value. That ranks 51st of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which Hawaii metros have the best rental yield?
Among Hawaii metros covered by the data, gross yield was highest in Urban Honolulu, HI (2.6%), Kahului-Wailuku, HI (2.2%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in Hawaii
Yield shows where the numbers work; our Investor Financing Report for Hawaii shows the rate premium, denial rate, and DSCR lending investors face there.
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.