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HI/Kauai County/Hanamaulu

Hanamaulu, HI

CitySAFMR
Kauai County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,600$1,600
1 BR$1,610$1,610
2 BR$2,110$2,110
3 BR$2,590$2,590
4 BR$2,960$2,960
5 BR$3,404Not available
6 BR$3,915Not available
7 BR$4,502Not available
8 BR$5,177Not available

Purchase Price Calculator

Maximum purchase price
$251,629

Cost breakdown

+Likely effective rent$2,110
HUD FMRUsed$2,110
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,272
Loan amount$201,303
Down payment$50,326
Rate6.50%
Term30 years
-Operating costs-$638
Property taxes-$252
Insurance-$175
Utilities$0
HOA$0
Management-$211
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,760(67.1% ROI)
Projected value
$270,977
Return breakdown
Property appreciation+$19,348
Loan principal paid down+$7,212
Rental cash flow+$7,200
5-year hold
+$57,927(115.1% ROI)
Projected value
$284,695
Return breakdown
Property appreciation+$33,066
Loan principal paid down+$12,861
Rental cash flow+$12,000
10-year hold
+$125,123(248.6% ROI)
Projected value
$322,106
Return breakdown
Property appreciation+$70,477
Loan principal paid down+$30,646
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Hanamaulu, HI fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hanamaulu, HI is $2,110 a month. That is down 9.4% from $2,330 in FY 2026. Hanamaulu is in the Kauai County, HI non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $2,105. The median county two-bedroom FMR in Hawaii is $2,326, so Hanamaulu is 9% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Hanamaulu, HI
BedroomsFY 2027Change90–110% range
Studio$1,600−9.1%$1,440–$1,760
1BR$1,610−9.6%$1,449–$1,771
2BR$2,110−9.4%$1,899–$2,321
3BR$2,590−9.4%$2,331–$2,849
4BR$2,960−6.9%$2,664–$3,256

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Hanamaulu, HI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,600$1,610$2,110$2,590$2,960
FY 2026$1,760$1,780$2,330$2,860$3,180
FY 2025$1,630$1,630$2,140$2,810$3,330
FY 2024area FMR$1,608$1,805$2,372$3,122$3,693
FY 2023area FMR$1,436$1,632$2,148$2,883$3,509

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Hanamaulu, HI rents

How much will Section 8 pay for a two-bedroom in Hanamaulu, HI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,105, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,895 to $2,316 a month; under the ZIP-level Small Area FMR of $2,110 it would be $1,899 to $2,321. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Hanamaulu, HI in?

Hanamaulu, HI is in the Kauai County, HI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,105.

How much did fair market rent change in Hanamaulu, HI for FY 2027?

The two-bedroom FMR fell 9.4%, from $2,330 in FY 2026 to $2,110 in FY 2027. Since FY 2025 it has fallen 1.4%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set