Keaau, HI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

336 / 563

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$35,983

Middle-Earners Revenue

Occupancy

72%

Middle-Earners Occupancy

Home Value

$465,294

Median Home Sale Price

Top Earners

$82,347

Top-Earners Revenue

Keaau

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Keaau.

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B

Generally Investor friendly

Keaau Regulations

STRs are explicitly permitted with clear paths (zoning-eligible or NUC), though moderate fees ($250-$500 initial, $100-$250 renewals) and a $1,000 platform fee apply, with operational standards and penalties. Enforcement is known, implementation timelines are set, and there are no overt caps, keeping compliance manageable.

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About Keaau

Keaau is a small census-designated place in Hawaii County, on the eastern coast of the Big Island of Hawaii, with a population of roughly 2,500 residents. Set along the windward slopes of Mauna Loa at an elevation of a few hundred feet, it has the feel of a laid-back residential town framed by lush tropical foliage, working farms, and the volcanic terrain that defines much of the island's southern flank. Keaau is best known as a convenient stepping-off point for visitors heading to Hawaii Volcanoes National Park, and it sits just about ten miles south of Hilo, the island's largest town and main gateway through the international airport.

The marquee attraction within a short drive of Keaau is Hawaii Volcanoes National Park, located roughly twenty to twenty-five minutes to the southwest along Highway 11. The park encompasses two of the world's most active volcanoes, Kilauea and Mauna Loa, and offers visitors the chance to walk through lava fields, peer into steaming craters, and explore rain forest and coastal trails. Its dramatic landscapes and ongoing volcanic activity make it one of the most distinctive national parks in the United States.

Just to the north, the waterfalls and botanical scenery of the Hamakua Coast provide a striking contrast to the volcanic south. Akaka Falls State Park, about a thirty-minute drive from Keaau, features a 442-foot waterfall set within a dense tropical valley of orchids, bamboo, and towering ferns. A short network of paved loop trails makes the park accessible to visitors of all abilities and is one of the most photographed natural sites on the windward side of the island.

The town of Hilo itself, only about ten miles to the north, broadens the range of experiences available to anyone staying in Keaau. Its historic downtown fronts a scenic bay and is home to attractions such as the Pacific Tsunami Museum, the Lyman Museum, and the Imiloa Astronomy Center, as well as a thriving farmers' market, local eateries, and art galleries. The surrounding coastline also offers black-lava tide pools, snorkeling lagoons, and riverfront parks that draw visitors year-round.

Together, these draws make Keaau a compelling base for short-term rentals. Visitors can enjoy the quiet, residential character of a small Big Island community while staying within easy reach of one of the world's great national parks, the cultural and culinary offerings of Hilo, and the rainforest waterfalls of the Hamakua Coast, all without the higher nightly rates and busier traffic of the more heavily marketed resort areas.

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