$2,400 Per Month
- 2 Beds
- 1 Bath
- 866 Sq Ft
- House for Rent
1046 Houston St, Lanai City, HI 96793
Cute Plantation house currently available. Rent is plus tax. Utilities included except cable TV.
Linda Kay Okamoto Okamoto Realty LLC
Frequently Asked Questions
How much does it cost to rent a home in Lanai City, HI?
The median rent for a home in Lanai City, HI is $2,415 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Lanai City, HI?
To comfortably afford the median rent in Lanai City, HI, a household needs to earn roughly $96,600 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 $2,415 per month in Lanai City, HI, renters typically need to show $7,245 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 Lanai City, HI?
In Lanai City, HI, the price-to-rent ratio is 30.2, 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.
