Waianae, HI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Waianae short-term rental market based on reliable data.
Listings
168 / 420
Reliable / Active
Cap Rate
16%
Middle-Earners Gross Yield
Revenue
$89,879
Middle-Earners Revenue
Occupancy
76%
Middle-Earners Occupancy
Home Value
$563,898
Median Home Sale Price
Top Earners
$175,769
Top-Earners Revenue
Waianae
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Waianae.
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Challenging to Investors
Waianae Regulations
STRs are technically legal in Waianae but heavily constrained by strict zoning restrictions, allowing operations only in resort zones (primarily Makaha) or grandfathered properties, while most residential areas are prohibited with 30+ day minimums. The regulatory environment requires multiple registrations (STR certificate, tax IDs, compliance documentation), has strict occupancy limits and operational rules, and features active enforcement with significant fines ($1,000-$10,000/day), creating substantial compliance burden that limits investment opportunities.
Local STR Agent
STR specialist · Waianae, HI
About Waianae
Waianae, Hawaii is a serene coastal community located on the western shore of the island of Oahu. Known for its breathtaking natural beauty, Waianae boasts a population of approximately 13,000 residents as of the latest census. The town is about 30 miles northwest of Honolulu, the capital and largest city in Hawaii, which provides a vibrant contrast to Waianae's more laid-back atmosphere.
The appeal of Waianae for short-term rentals largely rests in its numerous natural attractions and cultural landmarks. Among these is Pokai Bay Beach Park, a favorite spot for both locals and visitors due to its calm waters, making it ideal for swimming and snorkeling. More adventurous visitors can explore the Ka'ala, the highest peak on Oahu, offering hiking trails with magnificent views of the island.
History enthusiasts can visit the Kane'aki Heiau, an ancient Hawaiian temple that offers insight into the rich cultural heritage of the region. Meanwhile, the lush Waianae Mountain Range provides opportunities for hiking and enjoying the local flora and fauna.
For those looking to enjoy a mix of local flavor and outdoor activities, Waianae also offers a variety of food trucks and local eateries serving traditional Hawaiian cuisine. The town's unique combination of natural beauty, cultural sites, and proximity to Honolulu makes it a compelling destination for short-term rentals.
For more information on specific landmarks, visitors can explore: