Kaunakakai, HI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Kaunakakai short-term rental market based on reliable data.

Listings

62 / 111

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$23,101

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$401,614

Median Home Sale Price

Top Earners

$38,345

Top-Earners Revenue

Kaunakakai

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Kaunakakai.

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Challenging to Investors

Kaunakakai Regulations

STRs are permitted under Maui County’s STRH framework but face strict constraints in Kaunakakai (Molokai Community Plan), including a tight cap (only 16 permits issued), a manager-on-call requirement, onsite parking, and added compliance steps (insurance, plans, taxes). The 2024 SB 2919 also enables counties to phase out STRs, increasing regulatory risk.

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About Kaunakakai

Kaunakakai (Hawaiian pronunciation: [kɐwnəkəˈkɐj]) is a census-designated place (CDP) in Maui County, Hawaiʻi, United States. It is the largest town on the island of Molokaʻi. The population was 3,419 at the 2020 census. It has the largest port on the island and the longest pier in Hawaii. The town was made famous in the 1930s by the song "The Cockeyed Mayor of Kaunakakai", beginning an ongoing tradition of designating an honorary mayor for the town.

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