Best Places in Hawaii, United States to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: January 31, 2025

Discover the most lucrative short-term rental markets in Hawaii, United States with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2024.

Explore Live Data

Top Short-Term Rental Cities in Hawaii, United States

Rank:#1Market:HonoluluCountry:United StatesProperties:5,091Monthly Revenue:$3490.86Daily Rate:$241.20Occupancy:58.06%Regulation:High
Rank:#2Market:KiheiCountry:United StatesProperties:2,124Monthly Revenue:$4253.26Daily Rate:$325.65Occupancy:52.19%Regulation:High
Rank:#3Market:KaanapaliCountry:United StatesProperties:1,648Monthly Revenue:$4056.43Daily Rate:$699.83Occupancy:35.33%Regulation:High
Rank:#4Market:PrincevilleCountry:United StatesProperties:1,228Monthly Revenue:$4790.23Daily Rate:$372.15Occupancy:49.18%Regulation:High
Rank:#5Market:PoipuCountry:United StatesProperties:1,148Monthly Revenue:$6236.36Daily Rate:$531.55Occupancy:50.71%Regulation:High
Rank:#6Market:WaileaCountry:United StatesProperties:1,132Monthly Revenue:$5168.80Daily Rate:$513.78Occupancy:44.77%Regulation:High
Rank:#7Market:KailuaCountry:United StatesProperties:952Monthly Revenue:$3598.92Daily Rate:$305.98Occupancy:50.43%Regulation:High
Rank:#8Market:HolualoaCountry:United StatesProperties:926Monthly Revenue:$3470.52Daily Rate:$297.48Occupancy:48.22%Regulation:High
Rank:#9Market:Kahaluu-KeauhouCountry:United StatesProperties:840Monthly Revenue:$3943.52Daily Rate:$347.61Occupancy:46.46%Regulation:High
Rank:#10Market:LahainaCountry:United StatesProperties:806Monthly Revenue:$3522.51Daily Rate:$380.66Occupancy:45.13%Regulation:High
Rank:#11Market:HanaleiCountry:United StatesProperties:462Monthly Revenue:$5190.53Daily Rate:$508.00Occupancy:46.67%Regulation:High
Rank:#12Market:KapoleiCountry:United StatesProperties:460Monthly Revenue:$5701.03Daily Rate:$583.62Occupancy:46.20%Regulation:High
Rank:#13Market:WailuaCountry:United StatesProperties:447Monthly Revenue:$3547.87Daily Rate:$373.60Occupancy:46.72%Regulation:High
Rank:#14Market:NapiliCountry:United StatesProperties:407Monthly Revenue:$3491.49Daily Rate:$385.22Occupancy:46.38%Regulation:High
Rank:#15Market:WaimeaCountry:United StatesProperties:380Monthly Revenue:$6637.12Daily Rate:$717.26Occupancy:42.59%Regulation:High
Rank:#16Market:LihueCountry:United StatesProperties:373Monthly Revenue:$2895.51Daily Rate:$375.97Occupancy:40.32%Regulation:High
Rank:#17Market:HiloCountry:United StatesProperties:363Monthly Revenue:$2651.51Daily Rate:$177.74Occupancy:51.52%Regulation:High
Rank:#18Market:KapalaoaCountry:United StatesProperties:358Monthly Revenue:$4129.23Daily Rate:$421.07Occupancy:45.09%Regulation:High
Rank:#19Market:WailukuCountry:United StatesProperties:321Monthly Revenue:$4720.14Daily Rate:$288.22Occupancy:55.49%Regulation:High
Rank:#20Market:KapaluaCountry:United StatesProperties:318Monthly Revenue:$5067.86Daily Rate:$648.58Occupancy:37.90%Regulation:High
Rank:#21Market:PāhoaCountry:United StatesProperties:293Monthly Revenue:$2122.45Daily Rate:$159.43Occupancy:46.01%Regulation:High
Rank:#22Market:KahukuCountry:United StatesProperties:288Monthly Revenue:$9653.91Daily Rate:$589.97Occupancy:62.85%Regulation:High
Rank:#23Market:Kailua-KonaCountry:United StatesProperties:246Monthly Revenue:$4713.22Daily Rate:$399.42Occupancy:55.84%Regulation:High
Rank:#24Market:Waikoloa VillageCountry:United StatesProperties:244Monthly Revenue:$3654.16Daily Rate:$349.36Occupancy:42.42%Regulation:High
Rank:#25Market:KapaaCountry:United StatesProperties:237Monthly Revenue:$5033.41Daily Rate:$383.73Occupancy:56.46%Regulation:High
Rank:#26Market:VolcanoCountry:United StatesProperties:234Monthly Revenue:$2458.15Daily Rate:$195.20Occupancy:44.60%Regulation:High
Rank:#27Market:KoloaCountry:United StatesProperties:208Monthly Revenue:$7656.84Daily Rate:$948.79Occupancy:45.94%Regulation:High
Rank:#28Market:MakahaCountry:United StatesProperties:142Monthly Revenue:$2450.35Daily Rate:$224.21Occupancy:48.89%Regulation:High
Rank:#29Market:KeaauCountry:United StatesProperties:134Monthly Revenue:$3415.62Daily Rate:$212.60Occupancy:56.04%Regulation:High
Rank:#30Market:WaikoloaCountry:United StatesProperties:134Monthly Revenue:$3192.69Daily Rate:$326.20Occupancy:45.42%Regulation:High

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

How is your STR performing?

Your vacation rental may be amazing, but is it better than your competition? Enjoy the best-in-class AI-powered analytics for free!

Discover Insights

All Markets in Hawaii, United States

HaleiwaHanaleiHawaiian Paradise ParkHiloHolualoaHonoluluKaanapaliKahaluu-KeauhouKahukuKailuaKailua-KonaKapaaKapalaoaKapaluaKapoleiKeaauKiheiKoloaLahainaLihueMakahaNapiliPoipuPrincevillePunaluuPāhoaVolcanoWaikoloaWaikoloa VillageWaileaWailuaWailukuWaimea