Oahu, HI
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Overview
Annual Rev
$83k
12 mo avg
↑5%
from prior 12 mo
Occupancy rate
50%
12 mo avg
↓5%
from prior 12 mo
Avg daily rate
$331
12 mo avg
↑13%
from prior 12 mo
Lead time
46 days
12 mo avg
↓7 days
from prior 12 mo
Revpar
$151
12 mo avg
↓1%
from prior 12 mo
Methodology note: Figures reflect Oahu market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Avg. Zestimate
Gross yield
Supply
Amenity revenue impact
| Amenity | Est. revenue impact |
|---|---|
| EV Charger | +17% $14,106/yr |
| Hot Tub | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Lake Access | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +2% · $••••/yr Revenue lift and listing count available in Markets |
| Gym | 🔒 +2% · $••••/yr Revenue lift and listing count available in Markets |
| Pets Allowed | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
| TV | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
4+ bedrooms (5.9 nights)
1 bedroom (5.5 nights)
3 bedrooms (5.3 nights)
2 bedrooms (5.0 nights)
Cleaning fee by bedroom
4+ bedrooms ($500)
3 bedrooms ($391)
2 bedrooms ($285)
1 bedroom ($173)
Professional host share
Professionally managed (88%)
Independent hosts (12%)
Housing market signals
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Over the 12 months ending August 2026, the Oahu market averaged 7,087 active Airbnb and VRBO listings, down 9% from a year earlier and down 11% over two years.
An average Oahu listing earns $77K/year. High-performing listings earn $174K, while low-performing listings earn $24K.
Median Oahu home prices by size are 1-bedroom $415K, 2-bedroom $620K, 3-bedroom $1.0M, and 4+ bedroom $1.2M.
Average gross yield is 8%, reaching 18% for high-performing listings. Gross yield excludes financing and operating costs, so net profitability varies by property.
Average occupancy in Oahu is 47%, producing RevPAR of $149 per available night.
2-bedroom listings have the highest average gross yield at 16%. They average $110K/year in revenue against a $620K median purchase price.
Rules vary across Oahu. Honolulu: Strict. NUC permit required (nearly impossible to obtain since 2019), 89-day minimum stay in most residential zones. Active enforcement with $10,000+ fines, platform cooperation required. Waikiki: Moderate. Resort-zoned area allows short-term rentals with proper permits. Registration required. Moderate enforcement, mainly complaint-driven. Kailua: Strict. Part of Honolulu; NUC permits frozen, 89-day minimum mandatory. Heavy enforcement due to community complaints and task force patrols. North Shore: Strict. Honolulu rules apply; NUC moratorium, 89-day minimum. Active enforcement with neighborhood watch cooperation and frequent inspections. Verify requirements for the property's jurisdiction.
The Oahu Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 9% year-over-year, while RevPAR has increased 18%, suggesting demand is outpacing available supply.
RevPAR is highest in July and March; it is lowest in September and November.
The most common amenities are Air Conditioning (98%), Internet (96%), TV (96%). The strongest positive revenue associations are Heating (+68%), Washing Machine (+29%), Air Conditioning (+29%).
Average daily rate in Oahu is $386, up 14% year-over-year. Rates peak in December and are lowest in September.
Guests in Oahu book an average of 46 days in advance, down 5% from last year. Booking windows range from 45 days for 1-bedroom listings to 68 days for 4+ bedroom listings.
Booking demand is highest on Friday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Sunday. Weekend occupancy is 9% higher than weekday occupancy.