Location: Hawaii County, HI | Metro: Hawaii County, HI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,870 |
| 1 Bedroom | $1,880 |
| 2 Bedrooms | $2,420 |
| 3 Bedrooms | $3,050 |
| 4 Bedrooms | $3,380 |
| 5 Bedrooms | $3,921 |
| 6 Bedrooms | $4,392 |
| 7 Bedrooms | $4,743 |
| 8 Bedrooms | $4,980 |
U.S. Census Bureau data (2024)
The ZIP code 96725, located in Holualoa, Hawaii County, stands out due to its unique demographic and economic characteristics. With a total population of 5,009 residents, 34.6% of whom rent their homes, the area reflects a blend of homeowners and renters. The median household income in Holualoa is $93,346, indicating a relatively affluent community. However, the median home value is notably high at $1,005,926, which places it among the most expensive areas in the state.
For landlords and small-portfolio investors, the voucher economics provide a critical insight into the rental market dynamics. The Fair Market Rent (FMR) for the metro area, set at $2,390 for fiscal year 2026, contrasts sharply with the current market rent of $1,709, based on Census ACS data. This discrepancy suggests that Section 8 vouchers can significantly enhance the rental potential for properties in Holualoa, making them more accessible to lower-income tenants while still offering competitive returns to landlords.
The data signature for ZIP 96725 reads as stable. The high median home value indicates a strong property market, while the median income suggests a robust local economy capable of supporting such values. Although the rental percentage is substantial, the gap between FMR and market rent offers an opportunity for landlords to leverage Section 8 vouchers effectively without compromising on profitability. Investors should take note of these factors when considering investments in Holualoa, as they point towards a balanced and sustainable market environment.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.