Housing Market Analysis · 2026

Rent vs Buy in Kapaa, HI

Local prices pre-filled. Adjust any input to match your situation.

Median Home Price $991,658
Median Rent $3,450/mo
Price-to-Rent Ratio 24x
YoY Price Change -1%
Income Needed $0K

Should you buy in Kapaa?

Price-to-Rent Ratio

24x — leans toward renting

With a ratio of 24, the math in Kapaa, HI currently leans toward renting unless you expect strong home appreciation or plan to stay 10+ years.

Monthly Cost Gap

Buying currently costs roughly $3,582 more per month than renting the median unit in Kapaa, HI. That gap is the "opportunity cost" renters can invest — which is why the breakeven point matters so much here.

Price Trends

Home prices in Kapaa, HI declined 1% year-over-year, which creates potential buying opportunities but also signals some market softness worth monitoring.

Affordability

With an income threshold of $0K, Kapaa, HI is among the more accessible markets for first-time buyers — though the decision still hinges on how long you plan to stay.

Interactive Calculator — Kapaa Pre-filled

Values are set to Kapaa, HI medians. Change anything to match your scenario.

At 10 years

Renting wins by $410K

No breakeven in selected timeframe.

Home Purchase
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Rent & Growth Assumptions
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Down Payment$198,332
Closing Costs$29,750

Monthly Cost (Year 1)

Buy $7,032
Rent $3,450
Mortgage$5,172
Tax$909
Insurance$125
Maintenance$826

Wealth Over Time

Buyer Wealth $637,366
Renter Wealth $1,047,618
Breakeven No breakeven
YearBuyerRenterWinner
1$180K$289KRent
2$223K$354KRent
3$267K$423KRent
4$314K$496KRent
5$362K$574KRent
6$412K$657KRent
7$465K$746KRent
8$520K$840KRent
9$577K$940KRent
10$637K$1.0MRent

Common Questions — Renting vs Buying in Kapaa

Other HI Markets to Compare

See how the rent-vs-buy math stacks up in other HI cities.