Cheap Apartments for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $900 (134 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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Ae'o at Ward Village
1 to 3 Bedroom Apartments

Ae'o at Ward Village

1001 Queen StHonolulu, HI 96814
Furnished
  • Smoke Free
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Ka Hale Moi
Studio Apartments

Ka Hale Moi

670 Prospect StHonolulu, HI 96813
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Liliha Square
1 to 2 Bedroom Apartments

Liliha Square

1425 Liliha StHonolulu, HI 96817

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.

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Keauhou Place
1 to 3 Bedroom Apartments

Keauhou Place

555 South StHonolulu, HI 96813
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801 South St
Studio to 2 Bedroom Apartments

801 South St

801 South StHonolulu, HI 96813
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The Collection
1 Bedroom Apartments

The Collection

600 Ala Moana BlvdHonolulu, HI 96813
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Ward Kinau
Studio Apartments

Ward Kinau

824 Kinau StHonolulu, HI 96814
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One Archer Lane
1 to 2 Bedroom Apartments

One Archer Lane

801 S King StHonolulu, HI 96813
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Kukui Plaza
1 Bedroom Apartments

Kukui Plaza

50 S Beretania StHonolulu, HI 96813
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Capitol Place
1 to 3 Bedroom Apartments

Capitol Place

1200 Queen Emma StHonolulu, HI 96813
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King Manor
Studio Apartments

King Manor

818 King StHonolulu, HI 96814

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.

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400 Keawe St
Studio Apartments

400 Keawe St

400 Keawe StHonolulu, HI 96813
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Imperial Plaza
2 to 3 Bedroom Apartments

Imperial Plaza

725 Kapiolani BlvdHonolulu, HI 96813
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Keola La'i
1 to 2 Bedroom Apartments

Keola La'i

600 Queen StHonolulu, HI 96813
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Dowsett Point
1 to 3 Bedroom Apartments

Dowsett Point

217 Prospect StHonolulu, HI 96813
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Nu'uanu Place
Studio Apartments

Nu'uanu Place

24 Hialoa StHonolulu, HI 96813
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Ward Villa
Studio Apartments

Ward Villa

1440 Ward AveHonolulu, HI 96822
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Nuuanu Parkside
2 to 3 Bedroom Apartments

Nuuanu Parkside

2047 Nuuanu AveHonolulu, HI 96813
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2033 Nuuanu Ave
1 to 3 Bedroom Apartments

2033 Nuuanu Ave

2033 Nuuanu AveHonolulu, HI 96817
  • Utilities Included

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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Park Tower
Studio Apartments

Park Tower

625 Iolani AveHonolulu, HI 96813
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Ililani
1 to 2 Bedroom Apartments

Ililani

615 Keawe StHonolulu, HI 96813
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Pacifica Honolulu
1 Bedroom Apartments

Pacifica Honolulu

1009 Kapiolani BlvdHonolulu, HI 96814
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Edens Garden
Studio Apartments

Edens Garden

60 N Kuakini StHonolulu, HI 96813
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2040 Nuuanu Ave
Studio to 1 Bedroom Apartments

2040 Nuuanu Ave

2040 Nuuanu AveHonolulu, HI 96813
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1547 Miller St
2 Bedroom Apartments

1547 Miller St

1547 Miller StHonolulu, HI 96813
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1641 Stillman Ln
1 to 3 Bedroom Apartments

1641 Stillman Ln

1641 Stillman LnHonolulu, HI 96817
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1634 Nuuanu Ave
Studio Apartments

1634 Nuuanu Ave

1634 Nuuanu AveHonolulu, HI 96813

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.

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Lunalilo Tower
Studio Apartments

Lunalilo Tower

710 Lunalilo StHonolulu, HI 96814
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1617 Frog Ln
Studio to 2 Bedroom Apartments

1617 Frog Ln

1617 Frog LnHonolulu, HI 96817
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421 N Kuakini St
1 to 2 Bedroom Apartments

421 N Kuakini St

421 N Kuakini StHonolulu, HI 96817
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1640 Lusitana St
1 Bedroom Apartments

1640 Lusitana St

1640 Lusitana StHonolulu, HI 96813
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1638 OO Ln
2 to 3 Bedroom Apartments

1638 OO Ln

1638 OO LnHonolulu, HI 96817
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402 Iolani Ave
Studio Apartments

402 Iolani Ave

402 Iolani AveHonolulu, HI 96813
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Iolani Palms
Studio Apartments

Iolani Palms

512 Iolani AveHonolulu, HI 96813
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 Senior Residences1 Bed, 1 bath1BR,1BA$1,545
39 Hialoa St2 Beds, 1 Baths2BR,1BA$2,200
Waena ApartmentsKiele - Ilima - Maile1BR,1BA$2,275
1060 Bishop2 Bedroom 1 Bathroom2BR,1BA$2,350
The Residences at Bishop PlaceStudio ApartmentStudio,1BA$2,495

Best Value Apartments for Rent in Downtown Honolulu, HI

As of July 03, 2026 the best value apartment in the Downtown Honolulu area is the $3.27 price per square foot 2 Bedroom 1 Bathroom Model at 1060 Bishop in the in the Honolulu Ahupua`a neighborhood starting from $2,350. The second greatest value Downtown Honolulu apartment is the 2 Beds, 1 Baths Model at 39 Hialoa St starting at $2,200 with a $3.62 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.
1060 Bishop2 Bedroom 1 Bathroom2BR,1BA$3.27
39 Hialoa St2 Beds, 1 Baths2BR,1BA$3.62
Waena ApartmentsKiele - Ilima - Maile1BR,1BA$3.91
Halewai'olu Senior Residences1 Bed, 1 bath1BR,1BA$2.76
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$2.22
The Residences at Bishop PlaceStudio ApartmentStudio ,1BA$5.40
824 Kinau St, Unit Apt. 1209824 Kinau StStudio ,1BA$5.60
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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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.

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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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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 $2,495.

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 $3,095.

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

How do the prices of cheap apartments compare to the average apartment in Downtown Honolulu?

Cheap apartments in Downtown Honolulu have an average cost of $408 which is $2,687 cheaper than the average rent for all rentals in Downtown Honolulu.

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.