Makawao, HI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Makawao short-term rental market based on reliable data.
Listings
12 / 36
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$69,915
Middle-Earners Revenue
Occupancy
77%
Middle-Earners Occupancy
Home Value
$1,089,890
Median Home Sale Price
Top Earners
$110,912
Top-Earners Revenue
Makawao
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Makawao.
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Challenging to Investors
Makawao Regulations
STRs are allowed but split into paths: apartment/hotel‑zoned units can operate without STRH permits but face a pending Bill 9 phase‑out risk by 2028/2030, and single‑family/ohana units are capped at a tight 15 STRH permits for the Makawao‑Pukalani‑Kula region with moderate permitting and compliance. Combined with evolving policy and tax/advertising obligations, the setting is challenging for investors.
Local STR Agent
STR specialist · Makawao, HI
About Makawao
Makawao is a census-designated place (CDP) in Maui County, Hawaiʻi, United States. The population was 7,297 at the 2020 census. Located on the rural northwest slope of Haleakalā, the community is known for being the hub of Upcountry Maui, a part of the island dominated by mostly agriculture and ranch land. Makawao Forest Reserve is to the east-northeast.