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Hawaii: Short-Term vs Long-Term Rental Returns

Hawaii has the highest nightly rates in the US but also the most expensive property and strictest short-term rental regulations.

Published March 21, 2026

What Could You Earn?

Estimated gross income for a typical 3-bedroom house in Hawaii, based on median values. These are starting points. In the dashboard you can adjust everything to match your own property and circumstances.

Typical property price
$731K
Long-term rental income
$2,354/mo
before expenses
Short-term rental income
$6,621/mo
before expenses
Short-term earns roughly
$4,267/mo more
before expenses and regulations

Key Takeaways

  • Hawaii's STR regulations are among the strictest in the US. Honolulu banned most non-resort STRs in 2022, and Maui County has introduced similar restrictions.
  • Properties with existing STR permits command massive premiums, as new permits are extremely limited.
  • Long-term rental yields are modest given property prices, but capital appreciation has historically been strong.
Interested in a specific area?
See the full short-term vs long-term comparison with adjustable assumptions.
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How Short-Term and Long-Term Compare by Area

Estimated monthly income for a 3-bedroom house in each area, before expenses. Click any area to see the full breakdown in the dashboard.

City / area Price Long-term /month Short-term /month Short-term rules
Honolulu County
Hawaii
$777K $2,736 $8,764 Medium View details →
Maui County
Hawaii
$731K $2,357 $8,299 Low View details →
Kauai County
Hawaii
$759K $2,354 $6,621 Low View details →
Kalawao County
Hawaii
$595K $2,338 $5,701 Low View details →
Hawaii County
Hawaii
$451K $1,374 $5,412 Low View details →
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All figures are estimates based on median values for a 3-bedroom house in each area. Individual properties will vary. Use the dashboard to adjust assumptions to your own situation.

Compare Any Location

The dashboard covers 101 counties across Hawaii. Search for any area and adjust property price, rent, nightly rate, occupancy, mortgage rate, and expenses to match your investment.

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Data last updated: March 2026

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