Rent to own Homes in Kihei, HI
Situated in Maui County, Kihei is well known for its beauty and outdoor activities. Residents and visitors alike can explore the scenic landscape by hiking through the lush tropical countryside, or by scuba diving off the coast. With a population of nearly 21,000, living in Kihei feels like more of a resort experience than a sprawling metropolis. The 12 square mile city features everything Hawaii has to offer, all in one beautiful place.
Kihei, HI is a great place for affordable rent-to-own homes! With a median household income of over $84,708 and a median rent of $1,666, the Kihei, HI rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Kihei, HI. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Kihei, HI
Neighborhoods in Kihei, HI
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96753 rent to own homesBuying a Home in Kihei, HI
Kihei, HI is seeing rapid growth and Kihei, HI's' housing market remains not optimal with an average home price that is 185% above the 2024 national average. Kihei, HI is part of Maui county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Maui is 0.16% which is below the national average, which is 0.99%.
Median Home Price in Kihei, HI
Median Rent in Kihei, HI
Top 6 Reasons to Live in Kihei
Explore the great outdoors! Kihei is an outdoor lover's paradise. From hiking to surfing, there are many options for exploring the outdoors. Kealia Pond National Wildlife Refuge offers 200 acres of trails, wildlife viewing and amazing vistas. Makena Stables provides tours on horseback along the beautiful coastline. Living in Kihei means access to outdoor fitness opportunities. Maui Beach Yoga offers yoga on the beautiful Hawaiian beaches. Residents can explore their surroundings on the hiking trails of Maui Island Adventures.
Dine at fine restaurants! When it comes to dining in Kihei, there are many delicious options. Cafe O'Lei includes a selection of fresh seafood, sushi, flat breads and appetizers. 808 Bistro features a casual breakfast and brunch including sandwiches, omelettes and French toast.
Rising real estate values! With property values increasing, now is a great time to purchase a home in Kihei. In 2014, real estate values have risen over 17 percent. There are also many investment options including rent to own. For those looking to take advantage of increasing values, there are many brokers to assist including Maui Seaside Realty and Century 21.
Improve your golf game! Kihei is a beautiful location for golf. Maui Nui Golf Club was ranked number one by GolfAdvisor. The club offers an 18 hole course designed to relax and challenge players. The Wailea Golf Club features three courses, all intended to offer the finest golf experience.
Strong home-ownership rates! With homeownership rates above 58 percent, purchasing a house is a great long-term investment and makes for an even stronger community. Kihei offers many great neighborhoods, perfect for those looking to take advantage of the strong homeownership rates, including the Wailea and Keawakapu neighborhoods.
Access to great entertainment! There are many opportunities for live entertainment in Kihei. The nearby Hawaiian Music Series in Lahaina features live music every last Thursday of the month. On the fourth Friday of each month, the Street Party at Azeka Shopping Center offers food trucks, entertainment and artisan booths.