
Cheap Homes for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Honolulu area of Honolulu.


1188 Bishop St

785 Kinau St

1511 Nuuanu Ave

150 N King St

32 N School 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

55 S Kukui St

21 Craigside Pl

39 Hi?aloa St

1401 Lusitana St

216A Iolani Ave

824 Kinau St
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.

827 Kinau 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 | $3,528 | $1,300 | $6,150 |
| Downtown Honolulu 3 Bedroom Homes for Rent | $5,883 | $3,500 | $8,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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. 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 |
|---|---|---|---|
| 620 Dillingham Blvd Apartments | Studio | Studio,1BA | $980 |
| Kokua Hale | Studio | Studio,1BA | $1,310 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $1,577 |
| 1623 Alapai | 1BR/1.0BA | 1BR,1BA | $1,625 |
| 1060 Bishop | Studio 1 Bathroom | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.84 |
| The Residences at Bishop Place | Alcove One Bedroom | 1BR,1BA | $4.91 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $2.82 |
| 1060 Bishop | Studio 1 Bathroom | Studio ,1BA | $4.60 |
| 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 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
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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

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.

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.

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.

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.