
Cheap Homes for Rent in Downtown Honolulu Neighborhood of Honolulu, HI from $1,300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Honolulu area of Honolulu.


1625 Stillman Ln

1503 Emerson St

1312 Alapai St

1454 Pele St
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.

1611 Miller St

1641 Nuuanu Ave

1188 Bishop St

1626 Frog Ln

3 ?Iliahi 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.

1511 Nuuanu Ave

1684 Kamamalu Ave

150 N King St

54 Hi?aloa St

1088 Bishop St, Unit 1808, Unit 1808
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.

710 Lunalilo St
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 | $4,059 | $1,650 | $7,800 |
| Downtown Honolulu 3 Bedroom Homes for Rent | $4,720 | $3,200 | $7,450 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 Kokua Hale priced from $1,310. 34 Hialoa St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Downtown Honolulu apartments for rent in Honolulu, HI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kokua Hale | Studio | Studio,1BA | $1,310 |
| 34 Hialoa St | one bed/one bath | 1BR,1BA | $1,500 |
| Halewai'olu Residences 55+ | 1 Bed, 1 bath | 1BR,1BA | $1,545 |
| 1060 Bishop | Studio 1 Bathroom | Studio,1BA | $1,800 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Downtown Honolulu, HI
As of April 10, 2026 the best value apartment in the Downtown Honolulu area is the $2.88 price per square foot 1625 Frog Ln Model at 1625 Frog Ln, Unit #C in the in the Honolulu Ahupua`a neighborhood starting from $2,300. The second greatest value Downtown Honolulu apartment is the 2BR/1.0BA Model at k3800ty - Keauhou Lane starting at $2,475 with a $3.92 price per square foot in the Downtown Honolulu 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. |
|---|---|---|---|
| 1625 Frog Ln, Unit #C | 1625 Frog Ln | 2BR,1BA | $2.88 |
| k3800ty - Keauhou Lane | 2BR/1.0BA | 2BR,1BA | $3.92 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.95 |
| Halewai'olu Residences 55+ | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| 1511 Nuuanu Ave, Unit #827 | 1511 Nuuanu Ave | 1BR,1BA | $4.01 |
| 34 Hialoa St | one bed/one bath | 1BR,1BA | $3.13 |
| The Residences at Bishop Place | Studio Apartment | Studio ,1BA | $5.63 |
| 914 Kinau St | 914 Kinau St | 1BR,1BA | $5.24 |
| 1060 Bishop | Studio 1 Bathroom | Studio ,1BA | $4.60 |
| Kokua Hale | Studio | Studio ,1BA | $4.76 |
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.
Best Local Schools in Downtown Honolulu, Honolulu, HI
School data provided by Great Schools
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 $6,010. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Honolulu ranging from $1,350 to $7,800.
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 $1,350 to $7,800 with an average monthly rent of $3,261.
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.