138 Prospect St
HonoluluHI96813
Cheap Homes for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $1,200 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Honolulu area of Honolulu.
24 Hialoa St, Unit Nuuanu Place
24 Hialoa St
HonoluluHI96817
24 Hi?aloa St, Unit 11
24 Hi?aloa St
HonoluluHI96813
1188 Bishop St
HonoluluHI96813
604 Kinau St
HonoluluHI96813
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.
2029 Nuuanu Ave, Unit 807
2029 Nuuanu Ave
HonoluluHI96817
1511 Nuuanu Ave
HonoluluHI96817
35 S Kuakini St
HonoluluHI96813
1741 Pali Hwy
HonoluluHI96813
150 N King St
HonoluluHI96817
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.
775 Kinalau Pl, Unit 102
775 Kinalau Pl
HonoluluHI96813
55 S Kukui St
HonoluluHI96813
32 N School St
HonoluluHI96817
785 Kinau St
HonoluluHI96813
775 Kinalau Pl
HonoluluHI96813
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.
Showing Results 1-15, Page 1 of 1
Downtown Honolulu, Honolulu, HI Local Guide
How much does it cost to rent a home in Downtown Honolulu?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Honolulu 2 Bedroom Homes for Rent | $3,643 | $1,700 | $5,700 |
| Downtown Honolulu 3 Bedroom Homes for Rent | $3,766 | $3,500 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 15 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 Studio unit found at 620 Dillingham Blvd Apartments priced from $980. Royal Kinau 62+ Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,201. Here are the most affordable Downtown Honolulu apartments for rent in Honolulu, HI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 620 Dillingham Blvd Apartments | Studio | Studio,1BA | $980 |
| 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 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $2,275 |
Best Value Apartments for Rent in Downtown Honolulu, HI
As of July 12, 2026 the best value apartment in the Downtown Honolulu area is the $3.91 price per square foot Kiele - Ilima - Maile Model at Waena Apartments in the in the Honolulu Ahupua`a neighborhood starting from $2,275. The second greatest value Downtown Honolulu apartment is the 1 Bed, 1 bath Model at Halewai'olu Senior Residences 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 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 |
| Kokua Hale | Studio | Studio ,1BA | $4.76 |
| 620 Dillingham Blvd Apartments | Studio | Studio ,1BA | $9.80 |
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 Article
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.
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.
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Best Local Schools in Downtown Honolulu, Honolulu, HI
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Frequently Asked Questions about Downtown Honolulu
What type of rentals are currently available in Downtown Honolulu?
There are currently 323 Apartments for Rent in Downtown Honolulu, HI with pricing that ranges from $980 to $4,435. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Honolulu ranging from $1,200 to $5,700.
What is the current price range for Rental Homes in Downtown Honolulu?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Honolulu ranges from $1,200 to $5,700 with an average monthly rent of $3,214.
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.