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Lawai, HI

CitySAFMR
Kauai County
Found 1 ZIP

City Median Investment Score

39Below average

095130300
BRFMR
Eff. Rent
0 BR$1,730$1,730
1 BR$1,750$1,750
2 BR$2,290$2,290
3 BR$2,810$2,810
4 BR$3,120$3,120
5 BR$3,588Not available
6 BR$4,126Not available
7 BR$4,745Not available
8 BR$5,457Not available

Purchase Price Calculator

Maximum purchase price
$278,377

Cost breakdown

+Likely effective rent$2,290
HUD FMRUsed$2,290
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,408
Loan amount$222,701
Down payment$55,675
Rate6.50%
Term30 years
-Operating costs-$682
Property taxes-$278
Insurance-$175
Utilities$0
HOA$0
Management-$229
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,583(65.7% ROI)
Projected value
$299,781
Return breakdown
Property appreciation+$21,405
Loan principal paid down+$7,979
Rental cash flow+$7,200
5-year hold
+$62,809(112.8% ROI)
Projected value
$314,958
Return breakdown
Property appreciation+$36,581
Loan principal paid down+$14,228
Rental cash flow+$12,000
10-year hold
+$135,873(244.0% ROI)
Projected value
$356,346
Return breakdown
Property appreciation+$77,969
Loan principal paid down+$33,904
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
--
Tax rate
--
Mortgage rate
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Lawai, HI fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lawai, HI is $2,290 a month. That is down 9.8% from $2,540 in FY 2026. Lawai 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 Lawai is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lawai, HI
BedroomsFY 2027Change90–110% range
Studio$1,730−9.9%$1,557–$1,903
1BR$1,750−9.8%$1,575–$1,925
2BR$2,290−9.8%$2,061–$2,519
3BR$2,810−9.9%$2,529–$3,091
4BR$3,120−9.8%$2,808–$3,432

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lawai, HI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,730$1,750$2,290$2,810$3,120
FY 2026$1,920$1,940$2,540$3,120$3,460
FY 2025$1,810$1,810$2,370$3,000$3,440
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 Lawai, HI rents

How much will Section 8 pay for a two-bedroom in Lawai, 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 $2,290 it would be $2,061 to $2,519. 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 Lawai, HI in?

Lawai, 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 Lawai, HI for FY 2027?

The two-bedroom FMR fell 9.8%, from $2,540 in FY 2026 to $2,290 in FY 2027. Since FY 2025 it has fallen 3.4%.

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