
Cheap Apartments for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $900 (134 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Honolulu area of Honolulu.


Keauhou Lane

Halewai'olu Senior Residences

Waena Apartments

620 Dillingham Blvd Apartments

Ae'o at Ward Village

Nuuanu Brookside

Ka Hale Moi

Liliha Square
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.

Craigside Condominiums

Keauhou Place

801 South St

The Collection

Ward Kinau

One Archer Lane

Kukui Plaza

The Royal Capitol Plaza

Capitol Place

King Manor
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.

400 Keawe St

Imperial Plaza

Keola La'i

One Waterfront Towers

Dowsett Point

Vineyard Court Apartments

Nu'uanu Place

Ward Villa

Nuuanu Parkside

2033 Nuuanu Ave
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.

Park Tower

Ililani

Ke Kilohana at Ward Village

1436-1440 Liliha St

Pacifica Honolulu

Edens Garden

2040 Nuuanu Ave

1547 Miller St

1641 Stillman Ln

1634 Nuuanu Ave
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.

Pinnacle Honolulu

Lunalilo Tower

1617 Frog Ln

Nuuanu Park Place

421 N Kuakini St

Aleo Hale Condominiums

1640 Lusitana St

1638 OO Ln

402 Iolani Ave

Iolani Palms
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

How much does it cost to rent an apartment in Downtown Honolulu?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Honolulu Studio Apartments | $1,750 | $980 | $2,595 |
| Downtown Honolulu 1 Bedroom Apartments | $2,177 | $1,545 | $2,950 |
| Downtown Honolulu 2 Bedroom Apartments | $3,248 | $1,999 | $5,809 |
| Downtown Honolulu 3 Bedroom Apartments | $3,003 | $1,850 | $4,435 |
Browse Apartments in this Neighborhood
There are currently 134 rentals with your search options within a 1 mile radius of the Downtown Honolulu Neighborhood of Honolulu, HI.
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Downtown Honolulu, Honolulu, HI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal Kinau 62+ Senior Apartments | 1 Bedroom | 1BR,1BA | $1,201 |
| Kokua Hale | Studio | Studio,1BA | $1,310 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $1,545 |
| 39 Hialoa St | 2 Beds, 1 Baths | 2BR,1BA | $2,200 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $2,275 |
| 1060 Bishop | 2 Bedroom 1 Bathroom | 2BR,1BA | $2,350 |
| The Residences at Bishop Place | Studio Apartment | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1060 Bishop | 2 Bedroom 1 Bathroom | 2BR,1BA | $3.27 |
| 39 Hialoa St | 2 Beds, 1 Baths | 2BR,1BA | $3.62 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.91 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Royal Kinau 62+ Senior Apartments | 1 Bedroom | 1BR,1BA | $2.22 |
| The Residences at Bishop Place | Studio Apartment | Studio ,1BA | $5.40 |
| 824 Kinau St, Unit Apt. 1209 | 824 Kinau St | Studio ,1BA | $5.60 |
| Kokua Hale | Studio | Studio ,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.
Read ArticleReal 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 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.
Best Local Schools in Downtown Honolulu, Honolulu, HI
School data provided by Great Schools
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

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.

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.

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.

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.
