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Hawaii County/Hawi/96719

96719

ZIPSAFMR
Hawaii County, HI
Zillow

ZIP Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$2,100$2,100
1 BR$2,110$2,110
2 BR$2,720$2,720
3 BR$3,420$3,420
4 BR$3,800$3,800
5 BR$4,370Not available
6 BR$5,025Not available
7 BR$5,779Not available
8 BR$6,646Not available

Purchase Price Calculator

Maximum purchase price
$342,274

Cost breakdown

+Likely effective rent$2,720
HUD FMRUsed$2,720
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,731
Loan amount$273,820
Down payment$68,455
Rate6.50%
Term30 years
-Operating costs-$789
Property taxes-$342
Insurance-$175
Utilities$0
HOA$0
Management-$272
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,328(63.3% ROI)
Projected value
$368,592
Return breakdown
Property appreciation+$26,318
Loan principal paid down+$9,810
Rental cash flow+$7,200
5-year hold
+$74,472(108.8% ROI)
Projected value
$387,252
Return breakdown
Property appreciation+$44,978
Loan principal paid down+$17,494
Rental cash flow+$12,000
10-year hold
+$161,552(236.0% ROI)
Projected value
$438,140
Return breakdown
Property appreciation+$95,866
Loan principal paid down+$41,686
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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ZIP 96719 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 96719 (Hawi, HI) is $2,720 a month. That is up 15.7% from $2,350 in FY 2026. Hawi is in the Hawaii 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 $2,081. Among 32 ZIP codes in Hawaii County, 96719 has the 3rd-highest two-bedroom rent (county range $1,870–$2,920). The median county two-bedroom FMR in Hawaii is $2,326, so ZIP 96719 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 96719
BedroomsFY 2027Change90–110% range
Studio$2,100+16.7%$1,890–$2,310
1BR$2,110+16.6%$1,899–$2,321
2BR$2,720+15.7%$2,448–$2,992
3BR$3,420+15.2%$3,078–$3,762
4BR$3,800+11.1%$3,420–$4,180

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 96719
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,100$2,110$2,720$3,420$3,800
FY 2026$1,800$1,810$2,350$2,970$3,420
FY 2025$1,590$1,630$2,100$2,740$3,060
FY 2024area FMR$1,458$1,548$2,010$2,588$2,855
FY 2023area FMR$1,281$1,449$1,901$2,446$2,582

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

Two-bedroom rent in nearby Hawaii County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 96719
96704$2,650−2.6%
96710$2,110−22.4%
96718$2,080−23.5%
96719Current$2,720—
96720$1,930−29.0%
96721$2,080−23.5%
96725$2,420−11.0%
96726$2,650−2.6%
96727$2,050−24.6%
96728$2,090−23.2%
96737$2,280−16.2%
96738$2,920+7.4%

Questions about ZIP 96719 rents

How much will Section 8 pay for a two-bedroom in ZIP 96719?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,081, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,873 to $2,289 a month; under the ZIP-level Small Area FMR of $2,720 it would be $2,448 to $2,992. 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 ZIP 96719 in?

ZIP 96719 is in the Hawaii County, HI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,081.

How much did fair market rent change in ZIP 96719 for FY 2027?

The two-bedroom FMR rose 15.7%, from $2,350 in FY 2026 to $2,720 in FY 2027. Since FY 2025 it has risen 29.5%.

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

County fair market rentHawi, HI fair market rentHI statewide rentsWhat is SAFMR?Data sources