Cheap Apartments for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $900 (10 Rentals)

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

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34 Hialoa St
1 Bedroom Apartments

34 Hialoa St

34 Hialoa StHonolulu, HI 96817
  • Utilities Included
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Malulani Hale
1 Bedroom Apartments

Malulani Hale

114 N Kuakini StHonolulu, HI 96813
Senior Living
  • Utilities Included

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Downtown Honolulu, Honolulu, HI Local Guide

Cheapest Available Downtown Honolulu Apartments for Rent

 

The cheapest available apartment rental in the Downtown Honolulu area of Honolulu, HI is a 1 Bed unit found at Royal Kinau 62+ Senior Apartments priced from $1,201. Kokua Hale has the second lowest priced unit, which is a Studio apartment currently listed from $1,310. Here are the most affordable Downtown Honolulu apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$1,201
Kokua HaleStudioStudio,1BA$1,310
Halewai'olu Residences 55+1 Bed, 1 bath1BR,1BA$1,545

Best Value Apartments for Rent in Downtown Honolulu, HI

As of February 16, 2026 the best value apartment in the Downtown Honolulu area is the $3.61 price per square foot Kiele - Ilima - Maile Model at Waena Apartments in the in the Honolulu Ahupua`a neighborhood starting from $2,100. The second greatest value Downtown Honolulu apartment is the 1 Bed, 1 bath Model at Halewai'olu Residences 55+ starting at $1,545 with a $2.76 price per square foot in the Honolulu Ahupua`a neighborhood. Here is today’s list of the best values for Downtown Honolulu apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waena ApartmentsKiele - Ilima - Maile1BR,1BA$3.61
Halewai'olu Residences 55+1 Bed, 1 bath1BR,1BA$2.76
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$2.22
The Residences at Bishop PlaceAlcove One-Bedroom(B)1BR,1BA$5.84
1060 BishopStudio 1 BathroomStudio ,1BA$5.44
Kokua HaleStudioStudio ,1BA$4.76

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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Frequently Asked Questions about Cheap Downtown Honolulu Apartments

What is a cheap apartment in Downtown Honolulu?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Honolulu is under $2,500.

What is the price of a cheap apartment in Downtown Honolulu?

The cheapest apartment in Downtown Honolulu is Royal Kinau 62+ Senior Apartments which is listed at $1,201, while the average apartment in Downtown Honolulu costs $5,200.

What types of apartments are the cheapest in Downtown Honolulu?

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 4 regular apartments in Downtown Honolulu that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.