Rent to own Homes in East Honolulu, HI
Enjoy good food with great weather! What goes better with great Hawaiian weather? Great food! The Olive Tree Cafe is Greek cuisine. It's a Mediterranean feast of fruit, dolmades, souvlaki, shwarma, hummus and Greek salad. The food is fresh and affordable. Looking to see some celebrities? 3660 On the Rise is a must eat. The booths are lit to provide a pleasurable eating experience. The cuisines include European, Pacific, and Seafood. Another exciting place to eat is Seaside Grill, which has a perfect ocean side location.
East Honolulu, HI is a great place for affordable rent-to-own homes! With a median household income of over $139,487 and a median rent of $2,690, the East Honolulu, 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 East Honolulu, 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 East Honolulu, HI Property Resources
Rent to own Homes in Cities Near East Honolulu, HI
- Ahuimanu
- Aiea
- East Honolulu
- East Kapolei
- 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
- Waikane
- Waikele
- Waimalu
- Waimanalo
- Waimanalo Beach
- Waipahu
- Waipio
- Waipio Acres
- West Loch Estate
- Wheeler AFB
- Wheeler Army Airfield
- Whitmore Village
Neighborhoods in East Honolulu, HI
Kuliouou - Kalani Iki rent to own homes Hawaii Kai rent to own homesBuying a Home in East Honolulu, HI
East Honolulu, HI is seeing rapid growth and East Honolulu, HI's' housing market remains not optimal with an average home price that is 345% above the 2024 national average. East Honolulu, 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 East Honolulu, HI
Median Rent in East Honolulu, HI
Top 11 Reasons to Live in East Honolulu
Living in East Honolulu! The population in the city is about 50,000. The unemployment rate is an astoundingly low 2.3%, much lower than the national average of almost 8%. The poverty rate is also lower than the national average at 3%. The average income is approximately $58,000. Companies like Kaiser Permanente and The Royal Hawaiian Hotel provide a lot of jobs for the area.
Beautiful outdoors! It goes without saying that the outdoors in East Honolulu is a delight. Surfing is one of the most popular activities in Honolulu, even if you are a beginner. If you are a pro at surfing, try the waves on the island of Oahu. Beginners may want to try out the waves at Waikiki. If you can't surf but enjoy watching others, there are plenty of surfers to watch. Snorkeling, water skiing, and sailing are very popular too. To get away from the water, there are mountains all around Hawaii to walk and hike with beautiful scenes of nature.
Check out the neighborhoods! There are some wonderful neighborhoods with affordable homes. Located close to the famous Diamond Head section of Honolulu, Palolo is located in a valley with mostly single family homes. It's less than a mile from Diamond Head. Some more neighborhoods include Hawaii Kai, Wai'alae icki and Hawaii Loa Ridge. Most of these neighborhoods are surrounded by strip malls that have a variety of shops and grocery stores available to the residents.
Rising Home values! The average mortgage cost is $3,000 and the average rent is $2,000.More than 78% of the homes are owner occupied. The median cost of a house is $550,000. Check out homes in beautiful areas like Aina Haina and Niu Valley.
Newer homes on the rise! Most homes are new compared to the average home in the rest of the country. The average year homes are built is 1975. Older neighborhoods like Manoa and Lani Kai have homes from many decades before that.
Exploring the culture! East Honolulu is home to or very close to many of the area's landmarks and museums. The Iolani Palace and the King Kamehameha statue pay tribute to Hawaii's royalty. Be sure to check out the Bishop Museum with exhibits and displays of Hawaii's history. There are also live performances at the museum for your enjoyment. The Polynesian Cultural Center is a must for both tourists and residents. This place has everything - restaurants, events, shows, and exhibits. Dining can take place indoor or outdoors. There are native dancers with interactive demonstrations. Hula is everywhere and there are two Hula festivals that take place twice a year in June and July.
Nightlife in full swing! East Honolulu's nightlife is exhilarating and will leave you wanting more. The nightlife is a must. There are more than enough pineapple drinks, bars, and pubs for any taste. Hanging out in downtown, Chinatown or the North Shore means live music, hula, and great food.
Recreational activities! There is more to do than there is time. Engage in a little of everything - surfing, canoeing, snorkeling, hula, swimming in San Souci Beach, climbing Koko head or Diamond Head and hiking, water skiing, sailing, and just plain sight seeing. The activities are endless.
Home vacancies! Vacancy rates are 6% for the average home. Look near Kailua and the northern part of town, toward Kaneohe, for empty places!
Don't forget to shop! Kahala Mall is one of the popular malls in the area. There are shuttle or trolley stops to take you from one location to the next. Enjoy the shops, food, and entertainment. Since the weather in Hawaii is wonderful year-round, there are many outdoor shopping centers. Don't miss taking in some shopping at Ala Moana Center. The mall is huge. It is Hawaii's largest shopping center filled with almost 300 stores.