Performance indicators for the Waikoloa short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Waikoloa.
Loading top listings...
Challenging to Investors
Waikoloa explicitly allows STRs only in specific resort, RM-condo, and commercial zones, with a 5‑bedroom cap and an on‑island contact, while single‑family areas are prohibited; compliance requires a detailed STVR permit, state GET/TAT, property‑tax reassessment, and a new county TVR registration with $250–$500 fees starting Dec 2025, plus strict enforcement and fines up to $10k.
Local STR Agent
STR specialist · Waikoloa, HI
Waikoloa, located on the Big Island of Hawaii, is a scenic village known for its serene ocean views and luxurious resorts. Nestled on the island's northwest coast, it boasts a population of approximately 6,362 residents as of the latest census. This tranquil community is situated about 24 miles north of Kailua-Kona, the closest major city, making it an appealing getaway for those looking for a quieter escape while still remaining accessible to more bustling urban amenities.
Waikoloa offers a range of attractions that make it particularly appealing for short-term rentals. The area hosts several world-renowned resorts and golf courses. The Waikoloa Beach Resort (https://www.waikoloabeachresort.com/)) is a prime destination, featuring shopping, dining, and two championship golf courses. Another highlight is the Hilton Waikoloa Village (https://www.hiltonwaikoloavillage.com/),,) a sprawling oceanfront property known for its lagoon, waterways, and lush gardens.
For travelers looking to immerse themselves in the local culture, the Waikoloa Petroglyph Preserve offers a glimpse into ancient Hawaiian history with its well-preserved rock carvings. The Queens’ MarketPlace (https://www.queensmarketplace.com/)) and Kings’ Shops (https://www.kingsshops.com/)) provide a variety of shopping and dining options, enhancing the convenience and appeal of staying in Waikoloa.
Outdoor enthusiasts can enjoy the nearby Anaehoomalu Bay, often referred to as A-Bay, which provides opportunities for snorkeling, sunbathing, and beautiful sunset views. Additionally, Waikoloa is just a short drive away from the impressive Hapuna Beach State Recreation Area (https://dlnr.hawaii.gov/dsp/parks/hawaii/hapuna-beach-state-recreation-area/),,) consistently ranked as one of the best beaches in the United States.
The appealing mix of natural beauty, cultural attractions, and modern amenities makes Waikoloa an attractive location for short-term rentals, providing visitors with a diverse range of activities and experiences to enjoy.
