
Cheap Homes for Rent in Downtown Honolulu Neighborhood of Honolulu, HI from $900 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Honolulu area of Honolulu.


311 Puuhue Pl

1943 Pacific Heights Rd

1311 Freeland Pl

1454 Pele 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.

212 Ward Ave

425 N Kuakini St

821 Kinau St

1649-1649A Liliha St

775 Kinalau Pl
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.

1719 Nuuanu Ave

55S S Kukui St

1528 Emerson St

824 Kinau St

818 S King St
Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu
Find your perfect spot in paradise! Explore Honolulu's most vibrant and budget-friendly neighborhoods for renting, from Waikīkī to family-friendly McCully

150 N King St

625 Iolani Ave
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 | $3,626 | $2,495 | $5,000 |
| Downtown Honolulu 3 Bedroom Homes for Rent | $4,170 | $2,200 | $8,700 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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 Residences 55+ | 1 Bed, 1 bath | 1BR,1BA | $1,545 |
| 1060 Bishop | Studio 1 Bathroom | Studio,1BA | $2,128 |
| Waena Apartments | Pualani | 2BR,1BA | $2,250 |
Best Value Apartments for Rent in Downtown Honolulu, HI
As of December 24, 2025 the best value apartment in the Downtown Honolulu area is the $3.03 price per square foot Alani Model at Waena Apartments in the in the Honolulu Ahupua`a neighborhood starting from $3,075. The second greatest value Downtown Honolulu apartment is the 2 Bedroom Model at Royal Kinau 62+ Senior Apartments starting at $1,708 with a $2.31 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 | Alani | 4BR,2BA | $3.03 |
| Royal Kinau 62+ Senior Apartments | 2 Bedroom | 2BR,1BA | $2.31 |
| Ae'o | #3308 | 1BR,1BA | $6.15 |
| The Residences at Bishop Place | Urban 1 Bedroom (C) | 1BR,1BA | $4.84 |
| Halewai'olu Residences 55+ | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| 1060 Bishop | Studio 1 Bathroom | Studio ,1BA | $5.44 |
| 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 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.
Pet Friendly LifestyleDowntown Honolulu, Honolulu, HI
Ranked #5
Among cities in Hawaii for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 320 Apartments for Rent in Downtown Honolulu, HI with pricing that ranges from $950 to $3,100. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Honolulu ranging from $1,300 to $8,700.
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 $1,300 to $8,700 with an average monthly rent of $3,102.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!