
Cheap Homes for Rent in Diamond Head Neighborhood of Honolulu, HI from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Diamond Head area of Honolulu.


2126 Lau‘ula St

2509 Ala Wai Blvd

724 Kamuela Ave

234 OHUA Ave

2503 Ala Wai Blvd
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.

300 Wai Nani Way

249 Kapili St

225 Lili?uokalani Ave

445 Seaside Ave

240 Lili?uokalani Ave

430 Kaiolu St
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.

2345 Ala Wai Blvd
Diamond Head, Honolulu, HI Local Guide

How much does it cost to rent a home in Diamond Head?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Diamond Head 2 Bedroom Homes for Rent | $4,504 | $2,200 | $10,000+ |
| Diamond Head 3 Bedroom Homes for Rent | $4,014 | $2,900 | $5,900 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Diamond Head Neighborhood of Honolulu, HI.
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Diamond Head, Honolulu, HI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ala Wai Gardens Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,445 |
| Waikiki Walina Apartments | Studio - Plan B - Renovated | Studio,1BA | $1,657 |
| Kanekapolei Collection | Studio 1 Bathroom | Studio,1BA | $1,712 |
| Waikiki Whale Watcher | Fully Furn Studio Month-to-Month | 1BR,1BA | $1,850 |
| Lilia Waikiki | ST | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lilia Waikiki | 3F | 3BR,3BA | $6.97 |
| 2575 Kuhio Ave, Unit Apt 404 | 2575 Kuhio Ave | 2BR,2BA | $3.44 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $4.17 |
| 617 7th Ave, Unit 102 | 617 7th Ave | 2BR,1BA | $3.54 |
| 3032 Lakimau St, Unit A | 3032 Lakimau St | 2BR,1BA | $3.69 |
| Kanekapolei Collection | Studio 1 Bathroom | Studio ,1BA | $3.86 |
| Waikiki Walina Apartments | Studio - Plan B - Renovated | Studio ,1BA | $4.60 |
| Waikiki Whale Watcher | Fully Furn Jr 1 Bedroom M-to-M | 1BR,1BA | $6.88 |
| 2214 Aloha Dr, Unit Private room rental | 2214 Aloha Dr | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDiamond Head, Honolulu, HI
Ranked #22
Among cities in Hawaii for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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

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.

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.

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.

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.