Cheap Homes for Rent in Diamond Head Neighborhood of Honolulu, HI from $1,000 (13 Rentals)

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

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

$1,700 - $3,500

Studio To 1 Bedroom Rentals

Available Now

300 Wai Nani Way

HonoluluHI96815
property at 249 Kapili St

$1,300 - $1,750

Studio Rentals

Available Now

249 Kapili St

HonoluluHI96815
property at 445 Seaside Ave

$1,700 - $2,600

Studio To 1 Bedroom Rentals

Available Now

445 Seaside Ave

HonoluluHI96815
property at 430 Kaiolu St

$2,100 - $4,000

1 To 2 Bedroom Rentals

Available Now

430 Kaiolu St

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 2345 Ala Wai Blvd

$2,100 - $3,000

Studio To 1 Bedroom Rentals

Available Now

2345 Ala Wai Blvd

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 $1,445. 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$1,445
Waikiki Walina ApartmentsStudio - Plan B - RenovatedStudio,1BA$1,657
Kanekapolei CollectionStudio 1 BathroomStudio,1BA$1,712
Waikiki Whale WatcherFully Furn Studio Month-to-Month1BR,1BA$1,850
Lilia WaikikiSTStudio,1BA$2,392

Best Value Apartments for Rent in Diamond Head, HI

As of April 16, 2026 the best value apartment in the Diamond Head area is the $6.97 price per square foot 3F Model at Lilia Waikiki in the in the Diamond Head neighborhood starting from $13,897. The second greatest value Diamond Head apartment is the 2575 Kuhio Ave Model at 2575 Kuhio Ave, Unit Apt 404 starting at $3,850 with a $3.44 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.
Lilia Waikiki3F3BR,3BA$6.97
2575 Kuhio Ave, Unit Apt 4042575 Kuhio Ave2BR,2BA$3.44
Napili Towers2 Bdrm - Plan42BR,1BA$4.17
617 7th Ave, Unit 102617 7th Ave2BR,1BA$3.54
3032 Lakimau St, Unit A3032 Lakimau St2BR,1BA$3.69
Kanekapolei CollectionStudio 1 BathroomStudio ,1BA$3.86
Waikiki Walina ApartmentsStudio - Plan B - RenovatedStudio ,1BA$4.60
Waikiki Whale WatcherFully Furn Jr 1 Bedroom M-to-M1BR,1BA$6.88
2214 Aloha Dr, Unit Private room rental2214 Aloha Dr1BR,2BA$14.50

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 #22

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

Pet Friendliness Lifestyle Score

3.5
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 297 Apartments for Rent in Diamond Head, HI with pricing that ranges from $1,445 to $25,516. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Head ranging from $1,000 to $15,000.

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 $1,000 to $15,000 with an average monthly rent of $3,299.

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

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.