Rent to Own Homes near Waimalu, HI

  • A tropical resort destination, Waimalu offers visitors a relaxed atmosphere to golf, hike and surf. Located in the City and County of Honolulu on the island of Oahu, the town is mainly a residential neighborhood. The town shares the Honolulu metropolitan area and offers visitors a rich history, amazing cultural cuisine and fantastic real estate investments. Waimalu's proximity to Honolulu attracts regular tourists, which enhances its economy.

Check out over 300 Waimalu, HI rent to own homes for sale, which may include auction properties, for sale by owner, and more.

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Top 4 Reasons to Live in Waimalu, HI

  • Handsome, high-value homes! The demand for attractive homes increased home values in the neighborhood. The town's median house price went up 3.9 percent since last year, and condos experienced an even steeper rise in value -- 5.8 percent over the previous year. Aiea Heights Drive, adjacent to Queen Liliuokalani Freeway, and townhomes on Waimano Home Road are two neighborhoods where buyers can snag a great deal. Rent to own homes, which form part of the market inventory, appeal to young home buyers and seasonal visitors.
  • Vacation and rental homes at all price points! Visitors expect relaxing accommodations with flexible leasing terms in Waimalu's resort town; they get all this and more for a reasonable price! Vacation homes with a panoramic view of Pearl Harbor are offered in areas along Moanalua Road. For yearly residential leases, Pearl City, off Kaorchi Street, is worth a visit. Visitors will have no problem finding a dream rental due to the 10.5 percent vacancy rate. For affordable rentals, look in neighborhoods that absorb state taxes on leasing contracts, such as the general excise tax at 4.5 percent.
  • Wholesome organic produce! For healthy and delicious varieties of fresh goods, check out Pearl Ridge Farmers Market in Pali Momi, near Ailea. Unusual picks include Kahuku sea asparagus, Okinawan sweet potatoes and ocean pesto. While in the area, stop by Uncle's Hawaiian Organics in Aloha Stadium Marketplace, which offers delicious, baked vegan goods, like banana bread and mango cheesecake.
  • Invigorating outdoor activities! Waimalau has over a dozen parks and country clubs, beaches and hiking trails for plenty of outdoor fun. Pearl Country Club on Kaonohi Street has miles of golf courses and park facilities open to the public. Nearby, Pearl Ridge Community Park on Puaapiki Street offers several sporting opportunities to soak in the sunshine. A public tennis location, there are six public tennis courts that are lighted, so you can continue your tennis matches well into the night.