Hawaii is the tropical paradise of the Pacific. It is unlike any other state because it is composed of islands that boast pristine beaches, lush landscapes, towering volcanoes, and a rich cultural heritage. Immerse yourself in Hawaii's history by visiting the Pearl Harbor Memorial, exploring Bishop Museum and Waimea Canyon, or visiting universities such as the University of Hawaii and Hawaii Pacific University. Hawaii's economy is flourishing, driven by diverse industries, including tourism, agriculture, and technology.

Whether you're an outdoor enthusiast or prefer to relax on the beach, Hawaii has something for everyone. Hike through the Hawaiian Islands' verdant rainforests, surf the Waikiki's legendary waves, or try snorkeling and paddleboarding. In addition, take advantage of top attractions like the Diamond Head State Monument, the Polynesian Cultural Center, and the historic town of Lahaina.

With its breathtaking natural beauty and strong economy, Hawaii is a dream come true for those seeking an outdoor lifestyle and a unique island experience. The state's high quality of life makes it a great place to call home, and its warm and welcoming culture will make you feel at home. Discover why Hawaii is truly a special place that captures your heart and soul.

Rental Market Trends

Waimea, HI

As of July 2025, Waimea's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Waimea's average rent is 34.8% ($984) lower than the Hawaii average of $2,829 and 3.9% ($70) higher than the U.S. average of $1,775.

Average Rent

$1,845

Monthly ChangeMonth Over Month Change

No change

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,286	3.2% ($42)	No change
2 Beds	$1,845	No change	No change
3 Beds	$2,631	1.8% ($47)	No change

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Waimea Rental Market FAQs

Explore rental prices, market trends, and availability in Waimea, HI.

What is the average rent in Waimea, HI?

The average rent in Waimea, HI is $1,845 per month.

What is the rental price range for homes in Waimea, HI?

Homes in Waimea typically rent for between $900 and $3,420 per month, with an average of $1,845 per month.

What is the average rent for different bedroom sizes in Waimea, HI?

In Waimea, the average rent for a 1-bedroom home is $1,286 per month, for a 2-bedroom home, $1,845 per month, and a 3-bedroom home is $2,631 per month.

How do rent prices in Waimea, HI compare with the national average?

The average rent in Waimea is 3.9% ($70) higher than the national average of $1,775 per month.

How competitive is the rental market in Waimea, HI?

The rental market in Waimea, HI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Waimea, HI?

In Waimea, HI, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

Can I afford to rent a home in Waimea, HI?

Based on the current averages, a household would need an annual income of $73,800 to comfortably afford a 2-bedroom home in Waimea.