Cheap Homes for Rent in the Diamond Head Neighborhood of Honolulu, HI from $1,300 (11 Rentals)

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

property at 2421 Ala Wai Blvd

$1,388

Total Monthly Price

Total Monthly Price

Base Rent
$1,388

Total Monthly Price
$1,388

Studio, 1 Bath Condo for Rent

Available Aug 1

2421 Ala Wai Blvd, Unit 4A

2421 Ala Wai Blvd
HonoluluHI96815
property at 445 Seaside Ave

$1,720 - $2,500

Studio To 1 Bedroom Rentals

Available Now

445 Seaside Ave

HonoluluHI96815
property at 440 Lewers St

$1,550 - $1,895

Studio Rentals

Available Now

440 Lewers St

HonoluluHI96815

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 300 Wai Nani Way

$1,900 - $3,600

Studio To 2 Bedroom Rentals

Available Now

300 Wai Nani Way

HonoluluHI96815
property at 445 Seaside Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Jul 28

445 Seaside Ave, Unit 1107

445 Seaside Ave
HonoluluHI96815

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 2442 Tusitala St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Oct 11

2442 Tusitala St, Unit 310

2442 Tusitala St
HonoluluHI96815

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 $1,545. Waikiki Whale Watcher has the second lowest priced unit, which is a Studio apartment currently listed from $1,950. 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$1,545
Waikiki Whale WatcherFully Furn Studio Long termStudio,1BA$1,950
Lilia WaikikiSWStudio,1BA$2,960
Napili Towers2 Bdrm - Plan42BR,1BA$2,995

Best Value Apartments for Rent in Diamond Head, HI

As of July 16, 2026 the best value apartment in the Diamond Head area is the $3.44 price per square foot 2575 Kuhio Ave Model at 2575 Kuhio Ave, Unit Apt 404 in the in the Diamond Head neighborhood starting from $3,850. The second greatest value Diamond Head apartment is the 2 Bdrm - Plan4 Model at Napili Towers starting at $2,995 with a $3.81 price per square foot in the Diamond Head 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.
2575 Kuhio Ave, Unit Apt 4042575 Kuhio Ave2BR,2BA$3.44
Napili Towers2 Bdrm - Plan42BR,1BA$3.81
617 7th Ave, Unit 103617 7th Ave2BR,1BA$4.18
Lilia WaikikiSMStudio ,1BA$6.95
Waikiki Whale WatcherFully Furn Jr 1 Bedroom Long term1BR,1BA$7.34

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Diamond Head, Honolulu, HI

Ranked #23

Among cities in Hawaii for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Diamond Head

What type of rentals are currently available in Diamond Head?

There are currently 289 Apartments for Rent in Diamond Head, HI with pricing that ranges from $1,545 to $6,644. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Head ranging from $1,388 to $10,000.

What is the current price range for Rental Homes in Diamond Head?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond Head ranges from $1,388 to $10,000 with an average monthly rent of $3,917.

How much are larger Three and Four Bedroom Rentals in Diamond Head?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Diamond Head range from $4,300 to $4,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $5,495. Four Bedroom Single-Family rentals are also available starting from $6,700 and Four Bedroom Apartments start at $5,300.

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

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Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu

Written by: Allison Wallis

I’m Allison, your ApartmentHomeLiving.com local expert for Honolulu, Hawaiʻi. I’ve lived on Oʻahu for nearly 20 years, and my husband and I are raising a daughter here. While it’s expensive, we wouldn’t want to be anywhere else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.