1

Studio Apartment for Rent in Waikoloa, HI

Section Image
  • /2

    $2,150 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    68-1785-1785 Paakea St Unit D, Waikoloa Village, HI 96738

    Property Id: 2848622 Private and fully furnished studio cottage in the desirable Waikoloa Village. ? Waikoloa Village continues to grow, with new restaurants and grocery stores opening up nearby, plus quick access to community pool, golf courses, shopping, and dining. Beaches are about 15-20 minutes away, making this a convenient, quiet home base whether you're headed to the coast or

    68-1785-1785 Paakea St Unit D, Waikoloa Village, HI 96738

Why Live in Waikoloa

Waikoloa is a coastal community on Hawaii's Big Island, offering a serene lifestyle with stunning views of the Pacific Ocean. Overlooking the Kohala Coast, it is home to pristine beaches and luxury resorts, making outdoor recreation a daily activity. The subdivisions and gated communities features a peaceful residential setting with convenient shopping centers and dining options. Homes range from single-family residences to condos and townhouses, with styles including New Traditional, midcentury modern, contemporary and ranch designs. Waterfront properties near Waikoloa Beach Resort offer luxury living with resort-style amenities. The area enjoys good weather for most of the year, though it can be windy at times.

Outdoor attractions are abundant, with Anaeho'omalu Beach, Waialea Bay, and Hapuna Beach State Recreation Area offering activities like windsurfing, snorkeling, and whale watching. The Malama Petroglyph Trail and nearby parks provide additional recreational opportunities. Luxury resorts have golf courses and water sports excursions, while the village itself has community parks with sports fields and playgrounds.

Shopping and dining are centered around local retail plazas like Kings’ Shops mall. Popular dining spots include Lava Lava Beach Club and A-Bay's Island Grill. For groceries, Island Gourmet Markets and KTA Super Stores are available. The village is about a 20-minute drive to Waimea, where private schools Parker School and Hawaii Preparatory Academy are highly rated. Waikoloa Elementary & Middle School and Kealakehe High School serve the community's public education needs.

Annual events like the Wiliwili Festival and Waikoloa Christmas Parade foster a strong sense of community. Hawaii state Route 19 connects to the rest of the island, with Ellison Onizuka Kona International Airport 25 miles away. Queen's North Hawaii Community Hospital is 20 miles northeast.

Frequently Asked Questions

How much does it cost to rent a home in Waikoloa, HI?
The median rent for a home in Waikoloa, HI is $1,950 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Waikoloa, HI?
To comfortably afford the median rent in Waikoloa, HI, a household needs to earn roughly $78,000 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 $1,950 per month in Waikoloa, HI, renters typically need to show $5,850 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 Waikoloa, HI?
In Waikoloa, HI, the price-to-rent ratio is 35.4, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,950
Median Condo Rent
$1,950
How to Rent a Home