Hana, HI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Hana short-term rental market based on reliable data.

Listings

57 / 79

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$85,564

Middle-Earners Revenue

Occupancy

75%

Middle-Earners Occupancy

Home Value

$827,260

Median Home Sale Price

Top Earners

$138,097

Top-Earners Revenue

Hana

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hana.

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C

Challenging to Investors

Hana Regulations

Hana permits STRs only via STRH or B&B pathways with moderate permitting, state tax licensing, inspections, and high operational compliance; the 15‑permit STRH cap is exceeded, effectively closing new STRH permits and raising investor risk. Rules are clear but tightly constrained with strict caps and active enforcement, making the regulatory environment challenging.

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About Hana

Hana is a small, remote community nestled on the rugged eastern coast of Maui in Maui County, Hawaii. With a population of roughly 1,500 residents, it has a quiet, unhurried character that feels worlds away from the resort developments clustered on the island's western shore. The town is most famous as the endpoint of the Hana Highway, a serpentine 64-mile road from Kahului that winds through rainforests, past countless waterfalls, and over dozens of one-lane bridges. Kahului, the nearest major town and home to Maui's main airport, lies approximately 52 miles to the west, though the drive typically takes two to three hours one way because of the road's narrow, twisting character.

Wai'anapanapa State Park sits just a few minutes north of Hana and is one of the area's marquee draws. The park is home to a striking black sand beach, sea arches, a coastal blowhole, and a network of trails that thread through lava rock and native hala forest. Its close proximity to town makes it a favorite first stop for visitors completing the Hana Highway, and a handful of cabins and campgrounds allow some travelers to overnight within the park itself.

A short drive south of Hana brings visitors to the Kipahulu district of Haleakala National Park, where the Pools of 'Ohe'o cascade down a series of tiers in a lush valley filled with ferns and bamboo. Swimming is sometimes possible in the lower pools when conditions allow, and the nearby Pipiwai Trail leads through a towering bamboo forest to the 400-foot Waimoku Falls. The national park's other main section, the high-elevation volcanic summit, is several hours' drive back across the island and is usually visited on a separate trip.

Just west of Hana, the Kahanu Garden is part of the National Tropical Botanical Garden network and offers a peaceful detour into ethnobotany and Polynesian cultural heritage. The garden features the largest known heiau (ancient ceremonial structure) in Hawaii, alongside extensive collections of breadfruit, coconut palms, and other Pacific Island crop plants. A short drive farther up the coast, Hamoa Beach is widely considered one of the most beautiful stretches of sand on Maui, a crescent of shoreline backed by sea cliffs and a grove of hala trees.

For short-term rental investors, Hana occupies a unique niche within the Maui market. The community's distance and the difficulty of the drive help it feel like a true destination rather than a stopover, supporting longer average stays and a more secluded, repeat-visitor clientele. With the road trip itself considered a highlight, alongside the black sand beaches, tropical pools, botanical gardens, and national park trails described above, the area lends itself to properties that emphasize tranquility, immersion in nature, and a sense of genuine escape from the busier resort corridors.

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