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Lahaina, HI Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$3,808
Monthly Cash Flow
-$1,874
Principal + Equity
$4,662
Annual Total Gain
$33,451
Cash on Cash
-8.84%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$468
Occupancy Rate
71.43%
Monthly Revenue
$6,557
Monthly Cash Flow
-$109
Principal + Equity
$4,662
Annual Total Gain
$54,632
Cash on Cash %
-0.52%
Net ROI %
Market Health & Growth
Median Income
$92,062
Population
11,423
LTR Renter %
38.52%
Forecast (1 yr)
0.4%
Appreciation (1 yr)
-12.34%
Appreciation (5 yr)
29.13%
Appreciation (10 yr)
56.44%
Job Growth
-10.79%
LTR Rentability
Moderate
STR Demand
80
STR Rentals
6,782
Top Public Schools
A-Hawai'i Technology Academy Public Charter School
A-University Laboratory School
A-
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Most Diverse Places to Live in Hawaii
#29out of 47 markets
Best Places for Young Professionals in Hawaii
#26out of 47 markets
Places with the Best Public Schools in Hawaii
#15out of 47 markets
B-
Public School
F
Crime And Safety
D
Housing
B-
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Lahaina, HI.
In Lahaina, HI, Short Term Rental (STR) regulations are strict and heavily enforced. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Permits: All properties used for STR must have the appropriate permits from the County of Maui. Without these permits, operating a STR is illegal and can result in fines and penalties.
2. Zoning restrictions: Properties in certain areas of Lahaina may not be zoned for short term rentals. Investors should check with the local government to ensure that the property they are interested in is in a zone that allows for STR.
3. Occupancy limits: There are strict occupancy limits for STR properties in Lahaina. Investors should be aware of these limits and ensure that they are adhered to at all times.
4. Noise restrictions: Noise complaints from neighbors are a common issue with STR properties. Investors should be aware of noise restrictions and take steps to ensure that guests are respectful of the surrounding community.
5. Taxes: Investors should be aware of the tax implications of operating a STR property in Lahaina. This includes transient accommodation taxes, general excise taxes, and any other local taxes that may apply.
6. Property management: Investors should consider hiring a reputable property management company to handle the day-to-day operations of their STR property. This can help ensure that the property is well-maintained and that guests are properly screened.
Overall, investors looking to purchase a property for STR purposes in Lahaina should be aware of the strict regulations and take steps to ensure compliance at all times. Failure to do so can result in fines, penalties, and even the loss of the property.
Market Trends Over Time
Explore 25 years of market data for Lahaina, HI, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Lahaina, HI.
The LTR Genie Score of Lahaina, HI is 39, indicating a moderate level of rentability for long-term rental properties in the area. This is likely due to the stagnant LTR rent growth rate of 0.0% and the modest 1-year price appreciation forecast of 0.4%. On the other hand, the STR Genie Score is 73, suggesting a high level of rentability for short-term rental properties. This is supported by the strong STR Net ROI of 21.48% and the high STR occupancy rate of 71.43%.
In comparison, the LTR Genie Score is significantly lower than the STR Genie Score, indicating that short-term rental investment may be more lucrative in Lahaina, HI compared to long-term rental investment. With a higher potential for return on investment and a higher occupancy rate, short-term rental properties may be more attractive for real estate investors in this market.
Overall, based on the metrics provided, Lahaina, HI appears to be more favorable for short-term rental investment rather than long-term rental investment. Investors may want to consider focusing on acquiring properties for Airbnb or other short-term rental platforms in order to maximize their ROI in this market. Additionally, it is important to note that Lahaina, HI is a popular tourist destination known for its beautiful beaches, historic sites, and vibrant culture, making it a desirable location for short-term rental properties.
LTR Genie Score 93
$205,000
🛏 1 Beds🛁 1.0000 Baths🏙 799 sqft.🏠 CONDO
3875 Lower Honoapiilani Rd APT B205, Lahaina, HI 96761
