Cheap Apartments for Rent in the Diamond Head Neighborhood of Honolulu, HI from $1,200 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Diamond Head area of Honolulu.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Ala Wai House
Studio to 1 Bedroom Apartments

Ala Wai House

2411 Ala Wai BlvdHonolulu, HI 96815
  • Utilities Included
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Hale Wai Nani
1 to 2 Bedroom Apartments

Hale Wai Nani

287 Wai Nani WayHonolulu, HI 96815
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Ohualani
2 Bedroom Apartments

Ohualani

320 Ohua AveHonolulu, HI 96815
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Diamond Head, Honolulu, HI Local Guide

Cheapest Available Diamond Head Apartments for Rent

 

The cheapest available apartment rental in the Diamond Head area of Honolulu, HI is a Studio unit found at Ala Wai Gardens Apartments priced from $1,295. Waikiki Walina Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,657. Here are the most affordable Diamond Head apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
Ala Wai Gardens Apartments0 Beds, 1 BathsStudio,1BA$1,295
Waikiki Walina ApartmentsStudio - Plan B - RenovatedStudio,1BA$1,657
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$1,787
Waikiki Whale WatcherFully Furn Studio Month-to-Month1BR,1BA$1,850
Napili Towers2 Bdrm - Plan32BR,1BA$2,695

Best Value Apartments for Rent in Diamond Head, HI

As of June 20, 2025 the best value apartment in the Diamond Head area is the $4.00 price per square foot 2 Bdrm - Plan3 Model at Napili Towers in the in the Diamond Head neighborhood starting from $2,695. The second greatest value Diamond Head apartment is the 3032 Lakimau St Model at 3032 Lakimau St, Unit D starting at $2,400 with a $3.69 price per square foot in the Waikiki Ahupua`a neighborhood. Here is today’s list of the best values for Diamond Head apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Napili Towers2 Bdrm - Plan32BR,1BA$4.00
3032 Lakimau St, Unit D3032 Lakimau St2BR,1BA$3.69
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$3.01
617 7th Ave, Unit 103617 7th Ave2BR,1BA$4.18
Lilia WaikikiSUStudio ,1BA$6.97
Waikiki Walina ApartmentsStudio - Plan B - RenovatedStudio ,1BA$4.60
Waikiki Whale WatcherFully Furn Jr 1 Bedroom M-to-M1BR,1BA$6.88

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Pet Friendly Lifestyle
Diamond Head, Honolulu, HI

Ranked #25

Among neighborhoods in Honolulu, HI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Diamond Head Apartments

What is a cheap apartment in Diamond Head?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Diamond Head is under $3,010.

What is the price of a cheap apartment in Diamond Head?

The cheapest apartment in Diamond Head is Kanekapolei Collection which is listed at $1,787, while the average apartment in Diamond Head costs $2,600.

What types of apartments are the cheapest in Diamond Head?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 149 regular apartments in Diamond Head that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.