Cheap Homes for Rent in Hawaii County, HI from $500 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in Hawaii County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 270 Ululani St

$1,200 - $1,500

1 Bedroom Rentals

Available Now

270 Ululani St

HiloHI96720

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 18-4025 N Glenwood Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

18-4025 N Glenwood Rd

Mountain ViewHI96771

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cheapest Available Hawaii County Apartments for Rent

 

The cheapest available apartment rental in Hawaii County, HI is a Studio unit found at Hale Kaloko in the Lanihau 1 & 2 Ahupua`a neighborhood priced from $1,600. Lofts at Waikoloa has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,500. Here is today’s list of the most affordable Hawaii County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hale KalokoTraditional UnitStudio,1BA$1,600
Lofts at Waikoloa2-Bedroom2BR,1BA$2,500
Lofts at Waikoloa East2-Bedroom2BR,1BA$2,500

Best Value Apartments for Rent in Hawaii County, HI

As of June 03, 2026 the best value apartment in the Hawaii County area is the $3.71 price per square foot 73-4583 Kukuki St Model at 73-4583 Kukuki St, Unit 2 Bd 1 Br in the in the Kealakehe Ahupua`a neighborhood starting from $2,600. The second greatest value Hawaii County apartment is the 2-Bedroom Model at Lofts at Waikoloa East starting at $2,500 with a $3.61 price per square foot . Here is today’s list of the best values for Hawaii County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
73-4583 Kukuki St, Unit 2 Bd 1 Br73-4583 Kukuki St2BR,1BA$3.71
Lofts at Waikoloa East2-Bedroom2BR,1BA$3.61
Lofts at Waikoloa2-Bedroom2BR,1BA$4.15
Hale KalokoHavenStudio ,1BA$4.86
73-1087 Makamaka St, Unit One Bedroom Apartment73-1087 Makamaka St1BR,1BA$5.63

Frequently Asked Questions about Hawaii County

What type of rentals are currently available in Hawaii County?

There are currently 161 Apartments for Rent in Hawaii County, HI with pricing that ranges from $1,500 to $4,800. There are also 158 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hawaii County ranging from $500 to $12,500.

What is the current price range for Rental Homes in Hawaii County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hawaii County ranges from $500 to $12,500 with an average monthly rent of $3,001.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.