Waialua, HI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

59 / 139

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$41,360

Middle-Earners Revenue

Occupancy

83%

Middle-Earners Occupancy

Home Value

$1,035,343

Median Home Sale Price

Top Earners

$119,413

Top-Earners Revenue

Waialua

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Waialua.

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D

Unfriendly to Investors

Waialua Regulations

Waialua prohibits short‑term rentals (<30 days) in residential zones, allowing them only in resort zones or via legacy NUCs; these carve‑outs are limited, with active enforcement and daily fines, pushing most investors toward mid‑term rentals and making STR investment unfriendly.

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About Waialua

Waialua is a small community on the North Shore of the island of Oahu, in the City and County of Honolulu, Hawaii. With a population of roughly 7,500 residents, it retains a laid-back, rural character that contrasts sharply with the urban energy of Honolulu just down the road. The town is best known as a quieter base for travelers exploring the North Shore's legendary surf beaches and as a remnant of Hawaii's plantation-era sugar industry. Waialua sits approximately 35 miles northwest of downtown Honolulu, a drive of roughly 45 minutes to an hour depending on traffic.

The nearby town of Haleiwa serves as the commercial and cultural heart of the North Shore and lies just a few minutes west of Waialua. Famous for its plantation-era storefronts, surf shops, art galleries, and beloved shave ice stands, Haleiwa has long been the gathering point for visitors exploring the North Shore. The town comes alive in winter, when spectators crowd its beach parks to watch some of the world's most celebrated surf contests, and it remains a popular stop year-round for its restaurants, boutiques, and the small-boat harbor at its edge.

Waimea Bay, perhaps the North Shore's most iconic stretch of sand, is just minutes west of Waialua. During winter, the bay draws big-wave surfers and spectators from around the world to watch swells that can reach 30 feet or more. In the calmer summer months, the bay transforms into a popular swimming and snorkeling spot, with a rocky reef on either side that teems with tropical fish. A short drive further west brings visitors to Sunset Beach and the Banzai Pipeline, two more world-famous surf arenas that host professional competitions when conditions align.

A bit further afield, Ka'ena Point State Park marks the remote northwestern tip of Oahu and is accessible from the west end of the road past Waialua. The rugged coastal trail to the point rewards hikers with sweeping ocean views, tide pools, and a protected wilderness area where endangered Hawaiian monk seals and nesting seabirds can sometimes be seen. Closer to town, Dole Plantation in nearby Wahiawa offers a family-friendly counterpoint to the beach activities, with its pineapple gardens, vintage train ride, and the famous Pineapple Garden Maze.

Waialua appeals to short-term rental investors and guests alike because it combines the slower pace of a historic plantation town with easy access to the North Shore's most celebrated beaches, the lively scene in Haleiwa, and the broader natural beauty of Oahu's wild northern coast. Its position far enough from Honolulu to feel like an escape, yet close enough for a day trip, gives the area a broad appeal among travelers seeking an authentic, less-developed Hawaiian experience.

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