Cheap Homes for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $1,300 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Honolulu area of Honolulu.

property at 785 Kinau St

$1,700 - $1,750

1 Bedroom Rentals

Available Now

785 Kinau St

HonoluluHI96813
property at 1511 Nuuanu Ave

$1,700 - $2,500

Studio To 1 Bedroom Rentals

Available Now

1511 Nuuanu Ave

HonoluluHI96817

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

property at 21 Craigside Pl

$2,000 - $2,850

Studio To 1 Bedroom Rentals

Available Now

21 Craigside Pl

HonoluluHI96817
property at 216A Iolani Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

216A Iolani Ave

HonoluluHI96813

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 827 Kinau St

$2,200

1 Bedroom Rentals

Available Now

827 Kinau St

HonoluluHI96813

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 Studio unit found at 620 Dillingham Blvd Apartments priced from $980. 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
620 Dillingham Blvd ApartmentsStudioStudio,1BA$980
Kokua HaleStudioStudio,1BA$1,310
Halewai'olu Senior Residences1 Bed, 1 bath1BR,1BA$1,577
1623 Alapai1BR/1.0BA1BR,1BA$1,625
1060 BishopStudio 1 BathroomStudio,1BA$1,800

Best Value Apartments for Rent in Downtown Honolulu, HI

As of August 27, 2026 the best value apartment in the Downtown Honolulu area is the $3.84 price per square foot Kiele - Ilima - Maile Model at Waena Apartments in the in the Honolulu Ahupua`a neighborhood starting from $2,235. The second greatest value Downtown Honolulu apartment is the Alcove One Bedroom Model at The Residences at Bishop Place starting at $2,750 with a $4.91 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.
Waena ApartmentsKiele - Ilima - Maile1BR,1BA$3.84
The Residences at Bishop PlaceAlcove One Bedroom1BR,1BA$4.91
Halewai'olu Senior Residences1 Bed, 1 bath1BR,1BA$2.82
1060 BishopStudio 1 BathroomStudio ,1BA$4.60
Kokua HaleStudioStudio ,1BA$4.76
620 Dillingham Blvd ApartmentsStudioStudio ,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.

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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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Frequently Asked Questions about Downtown Honolulu

What type of rentals are currently available in Downtown Honolulu?

There are currently 326 Apartments for Rent in Downtown Honolulu, HI with pricing that ranges from $980 to $3,950. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Honolulu ranging from $1,300 to $8,500.

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 $8,500 with an average monthly rent of $3,234.

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

decorative image for Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu article

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.