Home prices
Papaikou's median home value is $247,200. In comparison to the surrounding areas this is approximately $72,040 (22%) lower.It is approximately $29,700 (13%) higher compared to the entire country, and compared to the city of Hilo is about $82,000 (24%) lower.
Rents
In Papaikou the median monthly rent is $943. Compared to other places in this area it is about $231 (19%) lower.It is about $119 (11%) lower in comparison to the entire nation, and it is about $102 (9%) lower in comparison to the city of Hilo.
Nearby places
Paukaa
Paukaa is roughly 2 miles south from Papaikou. The real estate prices there are significantly more expensive. Paukaa's median home price is $403,700, which works out to $156,500 (38%) higher than Papaikou. Rents there are a lot more expensive. In Paukaa the median rent is $1,563 per month, which comes out to $620 (39%) higher than Papaikou.
Pepeekeo
Pepeekeo is roughly 3 miles north from Papaikou. Its housing prices are a bit more expensive. Pepeekeo's median home value is $283,100, which comes out to $35,900 (12%) higher than Papaikou. Rent there is substantially less expensive. Pepeekeo's median monthly rent is $331, which is $612 (184%) lower than Papaikou.
Wainaku
Wainaku is roughly 3 miles south of Papaikou. The real estate prices there are a little more expensive. The cost of the median home in Wainaku is $290,300, which is $43,100 (14%) higher than Papaikou. The rent there is a bit more expensive. The median rent in Wainaku is $1,375 a month, which is $432 (31%) higher than Papaikou.
Honomu
Honomu is approximately 6 miles north from Papaikou. Its housing prices are a bit more expensive. The median home cost in Honomu is $280,200, which is $33,000 (11%) higher than Papaikou. The rent there is significantly more expensive. Honomu's median monthly rent is $1,458, which comes out to $515 (35%) higher than Papaikou.
Keaau
Keaau is roughly 15 miles south of Papaikou. Real estate prices there are a little more expensive. The price of the median home in Keaau is $338,900, which comes out to $91,700 (27%) higher than Papaikou. Its rents are somewhat more expensive. Keaau's median rent is $1,141 per month, which works out to $198 (17%) higher than Papaikou.