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 October 2026.
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 October 2026.
$298,000DSCR 1.641 bed · 1 bath · 415 sqft
- STR revenue
- $43,882/yr
- Est. interest-only payment
- $1,780/mo
On the market 53 days · Listed by CENTURY 21 Paradise International
Scout this home & market: 1-bed condo in Honolulu
$324,000DSCR 1.611 bed · 1 bath · 476 sqft
- STR revenue
- $44,136/yr
- Est. interest-only payment
- $1,823/mo
On the market 136 days · Listed by Coldwell Banker Island Prop
Scout this home & market: 1-bed condo in Honolulu
$395,000DSCR 1.831 bed · 1 bath · 680 sqft
- STR revenue
- $61,173/yr
- Est. interest-only payment
- $2,233/mo
On the market 64 days · Listed by Engel & Volkers Honolulu Kahala
Scout this home & market: 1-bed condo in Honolulu
$420,000DSCR 1.261 bed · 1 bath · 719 sqft
- STR revenue
- $45,249/yr
- Est. interest-only payment
- $2,395/mo
On the market 137 days · Listed by Real Broker, LLC
Scout this home & market: 1-bed condo in Honolulu
$465,000DSCR 1.391 bed · 1 bath · 773 sqft
- STR revenue
- $55,431/yr
- Est. interest-only payment
- $2,664/mo
On the market 292 days · Listed by Real Estate Strategies, Llc
Scout this home & market: 1-bed condo in Honolulu
$599,000DSCR 1.361 bed · 1 bath · 625 sqft
- STR revenue
- $70,500/yr
- Est. interest-only payment
- $3,450/mo
On the market 102 days · Listed by West Oahu Realty, Inc.
Scout this home & market: 1-bed condo in Honolulu
As of October 2026, we analyzed 2,099 active for-sale homes in Honolulu, Hawaii. The typical listing is priced at $600,000 and is projected to generate about $58,003 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 57.6% of those homes could still cover an investor mortgage payment on short-term-rental income — roughly in line with the 53.1% median across the 200 major metros we track, ranking Honolulu #75 of 200 for cash-flow potential.
On market momentum: homes in Honolulu sit a median of 86 days on the market, and 19% 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: 550 of the 1,269 Honolulu homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $605,000.
| Price | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| $150k–$250k | 96%2.37 | — | — | — | — |
| $250k–$350k | 97%1.71 | 98%2.25 | — | — | — |
| $350k–$500k | 62%1.33 | 92%1.79 | 60%1.48 | — | — |
| $500k+ | 6%0.81 | 27%0.85 | 19%0.73 | 0%0.41 | 0%0.42 |
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 | $600,000 |
| Median projected STR revenue (annual, gross) | $58,003 |
| Median average daily rate (ADR) | $196 |
| Median occupancy | 81% |
| Median beds | 2 |
| Median size | 758 sqft |
| Estimated cash-flow-positive share | 57.6% |
| Median days on market | 86 days |
| New listings (last 30 days) | 19.4% of active |
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Estimates for educational purposes. Final terms subject to credit, property & program approval.
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