Investor market data · Hawaii

Honolulu, HI Rental Market for Investors

An estimated 58% of Honolulu's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

See what pencils →Run a DSCR

$599,000Median list price2,099 active listings

$56,940Median STR revenue / yrprojected, gross

Homes in Honolulu that pencil right now

A sample of active Honolulu listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.

$160,000DSCR 2.55
1 bed · 1 bath · 538 sqft
Condo in 96815 · built 1976
STR revenue
$37,368/yr
Est. interest-only payment
$978/mo
On the market 12 days · Listed by Hawaii Living Llc
Scout this home & market: 1-bed condo in Honolulu
$280,000DSCR 1.64
1 bed · 1 bath · 477 sqft
Condo in 96815 · built 1955
STR revenue
$39,103/yr
Est. interest-only payment
$1,588/mo
On the market 68 days · Listed by List Sotheby's International Realty
Scout this home & market: 1-bed condo in Honolulu
$328,000DSCR 1.67
1 bed · 1 bath · 590 sqft
Condo in 96818 · built 1972
STR revenue
$46,364/yr
Est. interest-only payment
$1,847/mo
On the market 202 days · Listed by Keller Williams Honolulu
Scout this home & market: 1-bed condo in Honolulu
$369,000DSCR 1.48
1 bed · 1 bath · 650 sqft
Condo in 96813 · built 1984
STR revenue
$53,176/yr
Est. interest-only payment
$2,392/mo
On the market 181 days · Listed by Ohana Intl Premier Realty
Scout this home & market: 1-bed condo in Honolulu
$418,000DSCR 2.23
2 bed · 1 bath · 750 sqft
Condo in 96826 · built 1965
STR revenue
$78,934/yr
Est. interest-only payment
$2,360/mo
On the market 78 days · Listed by Coldwell Banker Realty
Scout this home & market: 2-bed condo in Honolulu
$480,000DSCR 1.86
2 bed · 1.5 bath · 820 sqft
Condo in 96815 · built 1977
STR revenue
$76,372/yr
Est. interest-only payment
$2,732/mo
On the market 11 days · Listed by 808 Hawaii Properties LLC
Scout this home & market: 2-bed condo in Honolulu
$575,000DSCR 1.29
1 bed · 1 bath · 739 sqft
Condo in 96815 · built 1968
STR revenue
$61,603/yr
Est. interest-only payment
$3,196/mo
On the market 68 days · Listed by Rainbows and Homes Inc.
Scout this home & market: 1-bed condo in Honolulu
$610,000DSCR 1.41
2 bed · 1.5 bath · 832 sqft
Condo in 96815 · built 1977
STR revenue
$72,749/yr
Est. interest-only payment
$3,432/mo
On the market 247 days · Listed by Coldwell Banker Realty
Scout this home & market: 2-bed condo in Honolulu
$685,000DSCR 1.32
1 bed · 1 bath · 534 sqft
Condo in 96815 · built 1979
STR revenue
$76,296/yr
Est. interest-only payment
$3,862/mo
On the market 255 days · Listed by Hawaii Life Real Est. Brokers
Scout this home & market: 1-bed condo in Honolulu

Ask about Honolulu deals →Run any address yourself

As of August 2026, we analyzed 2,099 active for-sale homes in Honolulu, Hawaii. The typical listing is priced at $599,000 and is projected to generate about $56,940 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 58.3% of those homes could still cover an investor mortgage payment on short-term-rental income — roughly in line with the 52.5% median across the 200 major metros we track, ranking Honolulu #76 of 200 for cash-flow potential.

On market momentum: homes in Honolulu sit a median of 77 days on the market, and 21% of active listings came on in just the last 30 days — a slower-moving market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — that's a relatively healthy setup: in Honolulu, a meaningful share of listings throw off enough short-term-rental income, after costs, to cover an estimated investor mortgage payment.

What actually works in Honolulu

Honolulu is a broad cash-flow market right now: 545 of the 1,251 Honolulu homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $610,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price	1 bed	2 bed	3 bed	4 bed	5 bed
$150k–$250k	100%2.36	—	—	—	—
$250k–$350k	95%1.68	97%2.50	—	—	—
$350k–$500k	60%1.34	88%1.85	50%1.29	—	—
$500k+	8%0.81	30%0.91	16%0.75	0%0.37	0%0.36

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

Honolulu in full

Active for-sale homes analyzed	2,099
Median list price	$599,000
Median projected STR revenue (annual, gross)	$56,940
Median average daily rate (ADR)	$189
Median occupancy	81%
Median beds	2
Median size	750 sqft
Estimated cash-flow-positive share	58.3%
Median days on market	77 days
New listings (last 30 days)	21.4% of active