Rent to own Homes in Pearl City, HI
Breathtaking scenery! Pearl City is a postcard-worthy tropical destination, and the city is in close proximity to the Pearl Harbor National Wildlife Refuge, offering plenty of nature trails. To take in the entire city, the ancient volcano crater Diamond Head provides a stunning view of the entire area.
Pearl City, HI is a great place for affordable rent-to-own homes! With a median household income of over $101,517 and a median rent of $2,044, the Pearl City, 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 Pearl City, 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.
More Pearl City, HI Property Resources
Rent to own Homes in Cities Near Pearl City, HI
- Ahuimanu
- Aiea
- East Honolulu
- Ewa Beach
- Ewa Gentry
- Ewa Villages
- Halawa
- Hauula
- Heeia
- Helemano
- Hickam Housing
- Iroquois Point
- Kaaawa
- Kahaluu
- Kalaeloa
- Kaneohe
- Kaneohe Base
- Kaneohe Station
- Kapolei
- Ko Olina
- Laie
- Maili
- Makakilo
- Maunawili
- Mililani
- Mililani Mauka
- Mililani Town
- Nanakuli
- Ocean Pointe
- Pearl City
- Punaluu
- Royal Kunia
- Schofield Barracks
- Tripler Army Medical Center
- Urban Honolulu
- Wahiawa
- Waiahole Waikane
- Waianae
- Waikane
- Waikele
- Waimalu
- Waimanalo
- Waimanalo Beach
- Waipahu
- Waipio
- Waipio Acres
- West Loch Estate
- Wheeler AFB
- Wheeler Army Airfield
- Whitmore Village
Neighborhoods in Pearl City, HI
No neighborhoods foundPopular Zip Codes in Pearl City, HI
96701 rent to own homesBuying a Home in Pearl City, HI
Pearl City, HI is seeing rapid growth and Pearl City, HI's' housing market remains not optimal with an average home price that is 218% above the 2024 national average. Pearl City, HI is part of Honolulu 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 Honolulu is 0.28% which is below the national average, which is 0.99%.
Median Home Price in Pearl City, HI
Median Rent in Pearl City, HI
Top Reasons to Live in Pearl City, Hawaii
Rising home value! In Pearl City and nearby cities Waimalu and Waipio, house values have nearly doubled in the last 15 years, making rent-to-own houses a sound investment in Honolulu County.
Tight-knit community! With a population of around 50,000, Pearl City provides its residents numerous community activities, such as the weekly Momilani Farmers Market and community hikes at nearby Manoa Falls Trail.
Highly educated residents! Nearly 30% of Pearl City's residents have a Bachelor's degree or higher, which supports a healthy rate of job growth around the community. For first-time buyers commuting to Honolulu or Ewa, rent-to-own homes have become a popular option.
Fascinating cultural attractions! Located on the north bank of Pearl Harbor, Pearl City is drenched in historical importance. Residents can spend the day touring the USS Arizona Memorial Museum, and the Polynesian Culture Center in nearby Laie provides guests activities, games, educational lectures and an authentic luau with the backdrop of authentic Polynesian villages.
Close to Honolulu! Unlike the high property costs of Honolulu (the average is $628,938), rent-to-own apartments, condos and homes are moderately priced (the average is $555,763), but residents still have access to the wealth of attractions Honolulu has to offer, such as the Honolulu Zoo and Honolulu Museum of Art.
Outdoor activities! Much like other Hawaiian communities, Pearl City is perfect for those who appreciate the natural beauty and wonderful weather of Hawaii. Residents can relax at the Waiau Neighborhood Park or get some exercise hiking the majestic Manana Trail.
High household income! Pearl City's residents have a significantly higher median household income than the rest of Hawaii. Considering Pearl City's growing population and economy, investing in rent-to-own properties or a rental home has become a popular investment option, especially nearby the lagoons and beaches of Ko Olina or in the Pacific Palisades.
Delectable local eateries! Hawaii is famous for its restaurants. Since shipping food to the island is expensive, many restaurants source their food locally. For passionate carnivores, the Cattle Company Steak House offers locally raised, grass-fed cattle, and the seafood at Sansei Seafood and Restaurant most likely comes out of the Pacific that morning.
Beach living! You can't talk about Hawaii without mentioning its pristine, white beaches. Pearl City is a short drive to the sun and fun of many world-famous beaches like Waikiki. For a less crowded and more secluded experience, One'ula Beach Park is a popular (but not too popular) stretch of spacious beach.