States › Hawaii › Waimanalo

Is Waimanalo, HI expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8707% higher than U.S. average
💵 Families earn per year (2026)$125,733about $10,478/month · 44% higher than U.S. average
🔑 House price$799,200140% higher than U.S. average

Rent is higher than in 61% of U.S. cities. A typical house costs about 6.4 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 $74,800 a year. That is $36 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 7 of 57 cities from cheapest to most expensive.

Waimanalo
$1,870
Wailea
$3,500+
Laie
$2,480
Kahaluu
$2,655
West Loch Estate
$2,820
Wailua Homesteads
$2,110
Kula
$1,991

How much do households earn in Waimanalo?

Under $25k
12.6%
$25k–50k
13.3%
$50k–100k
23.6%
$100k–150k
17.8%
$150k+
29.4%

Share of households by yearly income. 47.2% of households earn $100,000 or more.

Rent by apartment size in Waimanalo

SizeWaimanaloU.S. average
1 bedroom$1,717$1,324
2 bedrooms$1,927$1,509
3 bedrooms$3,081$1,698

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

How expensive is Waimanalo 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 Waimanalo, so the Hawaii figure is shown.

Taxes and bills in Waimanalo

🏛️ Property tax$2,493a year · 0.31% of home value · U.S. $3,119
⚡ Electric bill$261a month (typical) · U.S. $156

Life in Waimanalo

Commute to work29 minU.S.: 26.4 min
College degree17.7%U.S.: 35.7%
Own their home73.6%U.S.: 65.2%
Below poverty line14.9%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Waimanalo?

Renting is cheaper right now: about $3,675 a month less.

Renting
$1,870
Owning
$5,545

Owning assumes a typical $799,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $79,920 for the down payment.

Frequently asked questions

What is the average rent in Waimanalo, HI?

Renting in Waimanalo costs a median of about $1,870 a month in 2026, including utilities. The Hawaii median is $2,544.

How much do I need to make to live in Waimanalo?

To keep rent under 30% of income, you need about $74,800 a year, or $36 an hour at a full-time job.

Is Waimanalo cheap or expensive?

Waimanalo is rated Cheap: rent takes 17.8% of the typical household income of $125,733. It ranks 7th cheapest of 57 Hawaii cities we track.

How much are property taxes in Waimanalo?

The median homeowner in Waimanalo pays $2,493 a year in property taxes, about 0.31% of the median home value.

Is Waimanalo 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 Waimanalo?

The median home value in Waimanalo is $799,200, about 6.4 times the typical yearly household income.

6,054 people live in Waimanalo. Numbers are typical (middle) values.