Lanai City, HI Real Estate

According to census data in the year 2000 there were 1,354 housing units in Lanai City. This represents a 40% growth from 967 in 1990.

Of those housing units, 1,084 were located in either urbanized areas or urban clusters, and 270 were located in what is classified as a rural area.

Homeownership rate in Lanai City is about 49.4%. Lanai City's vacancy rate, including seasonal lodging, is about 14.3%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Lanai City were built after 1976.


Housing Size

Housing Units by Size
Studio Type12.90%
One Bedroom15.70%
Two Bedrooms35.10%
Three Bedrooms29.60%
Four Bedrooms6%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1981
Median Value of occupied units$141,100
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1973
Median Monthly Rent asked for vacant units$381

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan11.90%
Simple Mortgage36.70%
Debt Free43.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%