Waipio, Hawaii Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Waipio, Hawaii rental market.

Waipio, Hawaii

Average Apartment Rent

$2,659

Y-o-Y Change in Average
Apartment Rent

0.4%

As of May 2026

Compared to a year ago, Waipio, Hawaii apartments have recorded a 0.4% rent increase.

Waipio, Hawaii Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Waipio $2,514 $2,552 $2,515 $2,629 $2,521 $2,472 $2,609 $2,640 $2,651
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Waipio
National
Jul 2023
$2,514
$1,741
Nov 2023
$2,552
$1,732
Mar 2024
$2,515
$1,736
Jul 2024
$2,629
$1,756
Nov 2024
$2,521
$1,749
Mar 2025
$2,472
$1,755
Jul 2025
$2,609
$1,767
Nov 2025
$2,640
$1,753
Mar 2026
$2,651
$1,750

Waipio, Hawaii Average Apartment Rent

Waipio, Hawaii Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 64.77%, apartments priced $2,500 - $3,000 represent the bulk of Waipio, Hawaii rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 3.16%.

Waipio, Hawaii Housing tenure**

Renter occupied housing units 1,080
Owner occupied housing units 3,018

Renters take up 26% of Waipio, Hawaii real estate, occupying a total of 1,080 units, while homeowners live in 3,018 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$73,346

Average household size of renter-occupied housing units**

2.69

Rental vacancy rate**

6.3%

Waipio, Hawaii Renter-occupied housing units by no. of bedrooms**

No bedrooms 37
1 bed 108
2 beds 601
3 beds 268
4 beds 54
5 or more beds 12

There are 601 rentals in Waipio, Hawaii with 2 beds making up the highest share of the market, at 56%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 12 units. Overall, the median number of rooms in Waipio, Hawaii homes for rent is 4.1.

Waipio, Hawaii Renter-occupied units by age of householder**

15 - 24 years 90
25 - 34 years 360
35 - 44 years 228
45 - 54 years 149
55 - 59 years 32
60 - 64 years 113
65 - 74 years 108

Most condos for rent in Waipio, Hawaii are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.

Waipio, Hawaii Renter-occupied housing units by family type**

Family households 741
Non-Family Households 339

Waipio, Hawaii Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 389
No related children of the householder under 18 691

A total of 741 apartments for rent in Waipio, Hawaii, or 69% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 389 units. All in all, the median size of a renter-occupied household in Waipio, Hawaii is 2.69.

Waipio, Hawaii Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 473
Some college or associate's degree 339
Bachelor's degree or higher 263

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Waipio, Hawaii.

Waipio, Hawaii Renter-occupied units by year structure built**

Built 2010 - 2019 33
Built 2000 - 2009 37
Built 1990 - 1999 207
Built 1980 - 1989 603
Built 1970 - 1979 191
Built 1960 - 1969 9

The highest share of Waipio, Hawaii apartment rentals, namely 56% or 603 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (19%, 207 units), and the ones Built 1970 - 1979 (18%, 191 units).

Waipio, Hawaii Renter-occupied units by year householder moved in**

Moved in 2021 or later 148
Moved in 2018 to 2020 256
Moved in 2010 to 2017 473
Moved in 2000 to 2009 125
Moved in 1990 to 1999 17
Moved in 1989 or earlier 61

Median year renter moved into unit 2016

Most Waipio, Hawaii renters (44%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Waipio, Hawaii condos for rent is 2016.

Waipio, Hawaii Renter-occupied housing units by vehicles available**

No vehicle available 65
1 vehicle available 566
2 vehicles available 301
3 vehicles available 95
4 vehicles available 20
5 or more vehicles available 33

When it comes to transportation options, 52% of Waipio, Hawaii renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 9% have 3 vehicles available.

Waipio, Hawaii Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 975
Car, truck, or van - carpooled 230
Public transportation (excluding taxicab) 64
Walked 39
Worked at home 75

Waipio, Hawaii Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,267
Moved within same county 358
Moved from different state 112
Moved from abroad 57

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Waipio, Hawaii apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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