States › Hawaii › Wailua Homesteads

Is Wailua Homesteads, HI expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,11020% higher than U.S. average
💵 Families earn per year (2026)$96,760about $8,063/month · 11% higher than U.S. average
🔑 House price$943,400184% higher than U.S. average

Rent is higher than in 74% of U.S. cities. A typical house costs about 9.7 years of household income, so buying is hard for most locals.

How much money do I need?

To rent here comfortably, you should earn about $84,400 a year. That is $41 an hour at a full-time job.

Is rent cheaper than other Hawaii cities?

Yes. Rent here is cheaper than in most of Hawaii. It is number 18 of 57 cities from cheapest to most expensive.

Wailua Homesteads
$2,110
Waipio Acres
$2,020
West Loch Estate
$2,820
Kahaluu
$2,655
Laie
$2,480
Iroquois Point
$3,500+
Kahaluu-Keauhou
$2,016

How much do households earn in Wailua Homesteads?

Under $25k
2.3%
$25k–50k
7.0%
$50k–100k
48.6%
$100k–150k
17.3%
$150k+
19.5%

Share of households by yearly income. 36.8% of households earn $100,000 or more.

Rent by apartment size in Wailua Homesteads

SizeWailua HomesteadsU.S. average
1 bedroom$1,981$1,324
3 bedrooms$2,396$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Wailua Homesteads overall?

Everyday prices in Hawaii overall are 10% above the U.S. average (index 110.0, U.S. = 100).

Housing
125
Goods (food, clothes…)
112
Utilities
190
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Wailua Homesteads, so the Hawaii figure is shown.

Taxes and bills in Wailua Homesteads

🏛️ Property tax$2,142a year · 0.23% of home value · U.S. $3,119
⚡ Electric bill$194a month (typical) · U.S. $156

Life in Wailua Homesteads

Commute to work23.4 minU.S.: 26.4 min
College degree37.2%U.S.: 35.7%
Own their home72%U.S.: 65.2%
Below poverty line9.9%U.S.: 12.5%
Unemployment3.8%U.S.: 5.2%

Is it cheaper to rent or buy in Wailua Homesteads?

Renting is cheaper right now: about $4,436 a month less.

Renting
$2,110
Owning
$6,546

Owning assumes a typical $943,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $94,340 for the down payment.

Frequently asked questions

What is the average rent in Wailua Homesteads, HI?

Renting in Wailua Homesteads costs a median of about $2,110 a month in 2026, including utilities. The Hawaii median is $2,544.

How much do I need to make to live in Wailua Homesteads?

To keep rent under 30% of income, you need about $84,400 a year, or $41 an hour at a full-time job.

Is Wailua Homesteads cheap or expensive?

Wailua Homesteads is rated OK: rent takes 26.2% of the typical household income of $96,760. It ranks 18th cheapest of 57 Hawaii cities we track.

How much are property taxes in Wailua Homesteads?

The median homeowner in Wailua Homesteads pays $2,142 a year in property taxes, about 0.23% of the median home value.

Is Wailua Homesteads more expensive than the national average?

Overall prices in Hawaii are 10% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Wailua Homesteads?

The median home value in Wailua Homesteads is $943,400, about 9.7 times the typical yearly household income.

5,431 people live in Wailua Homesteads. Numbers are typical (middle) values.