Home prices
Lanai City's median home value is $419,400. It is approximately $565,440 (57%) lower compared to its nearby areas.It is about $201,900 (92%) higher in comparison to the United States as a whole, and is approximately $263,600 (38%) lower in comparison to the city of Urban Honolulu.
Rents
The median monthly rent in Lanai City is $1,059. In comparison to nearby areas it is about $1,057 (49%) lower.Compared to the rest of the nation it is is very similar, and compared to the city of Urban Honolulu it is approximately $432 (28%) lower.
Nearby places
Lahaina
Lahaina is about 15 miles east from Lanai City. Its real estate prices are a lot more expensive. The median home price in Lahaina is $686,800, which is $267,400 (38%) higher than Lanai City. The rent there is a bit more expensive. In Lahaina the median rent is $1,333 per month, which is $274 (20%) higher than Lanai City.
Kaanapali
Kaanapali is approximately 16 miles northeast of Lanai City. Its housing prices are substantially more expensive. The median home cost in Kaanapali is $1,144,800, which is $725,400 (63%) higher than Lanai City. Rents there are substantially more expensive. The median monthly rent in Kaanapali is $2,681, which works out to $1,622 (60%) higher than Lanai City.
Launiupoko
Launiupoko is about 16 miles east from Lanai City. The real estate prices there are substantially more expensive. The median home in Launiupoko is valued at $1,642,900, which is $1,223,500 (74%) higher than Lanai City. Rents there are substantially more expensive. The median monthly rent in Launiupoko is $2,719, which works out to $1,660 (61%) higher than Lanai City.
Mahinahina
Mahinahina is roughly 18 miles northeast of Lanai City. The housing prices there are a lot more expensive. The price of the median home in Mahinahina is $794,800, which comes out to $375,400 (47%) higher than Lanai City. Rents there are a lot more expensive. In Mahinahina the median monthly rent is $2,114, which comes out to $1,055 (49%) higher than Lanai City.
Napili-Honokowai
Napili-Honokowai is approximately 19 miles northeast of Lanai City. Its housing prices are substantially more expensive. Napili-Honokowai's median home cost is $654,900, which works out to $235,500 (35%) higher than Lanai City. Its rents are significantly more expensive. In Napili-Honokowai the median monthly rent is $1,731, which is $672 (38%) higher than Lanai City.
