$3,400
Total Monthly Price
- 3 Beds
- 1 Bath
- 950 Sq Ft
- House for Rent
640 Punaa St, Kailua, HI 96734
Frequently Asked Questions
How much does it cost to rent a single-family home in Kailua, HI?
The median rent for a single-family home in Kailua, HI is $4,200 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Kailua, HI?
To comfortably afford the median rent in Kailua, HI, a household needs to earn roughly $160,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,000 per month in Kailua, HI, renters typically need to show $12,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Kailua, HI?
In Kailua, HI, the price-to-rent ratio is 31.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Kailua, HI are best for renting a single-family home?
The best neighborhood for renting in Kailua, HI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Kaneohe, Manoa, Hawaii Kai, Nuuanu-Punchbowl and Kuliouou-Kalani Iki, each with its own character and price range.
