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Is Maui, HI a Good STR Investment in 2026?

1,537 active listings

Top Market

Median Price

$1,099,333

STR Revenue/mo

$6,478

Cap Rate

1.8%

1Y Appreciation

-6%

Avg Nightly Rate

$434

Market Score

96.7/100

Market Overview

Maui, HI presents a strong opportunity for real estate investors in 2026, with a market score of 96.7 out of 100. The median home price sits at $1,099,333 with average short-term rental revenue of $6,478 per month, yielding a 1.8% cap rate.

Short-Term Rental Performance

Short-term rental hosts in Maui average $6,478 in monthly revenue with a 64.2% occupancy rate. This translates to approximately $77,736 in annual gross revenue for a typical listing. The average nightly rate is $434.

Investment Analysis

Assuming a 20% down payment at 7% interest on a $1,099,333 property, your monthly mortgage would be approximately $5,851. After accounting for mortgage, taxes, and insurance, the estimated monthly cash flow for an STR is -$4,166.

The long-term rental market shows potential with median rents at $3,500 per month. Home values have declined 6% year-over-year, so investors should factor in potential equity loss when evaluating returns.

Our Verdict

Maui ranks among the top investment markets with a score of 96.7/100. However, declining home values (-6%) mean investors should focus on cash flow rather than equity growth.

Neighborhoods in Maui(19)

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