Cheap Homes for Rent in Honolulu, HI from $900 (118 Rentals)

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

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.

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property at 1549 Molina St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

Studio, 1 Bath Home for Rent

Available Now

1549 Molina St, Unit Studio

1549 Molina St
HonoluluHI96818
property at 249 Kapili St

$1,400 - $1,450

Studio Rentals

Available Now

249 Kapili St

HonoluluHI96815

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.

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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

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Honolulu, HI Local Guide

Cheapest Neighborhoods for Apartments in Honolulu, HI

Pricing Updated: 03/04/2026

Current apartment rentals in the Honolulu, HI area range in price from $950 to $18,000 with an overall median price of $7,238. The three Honolulu neighborhoods with the lowest median rent pricing are Lower Punchbowl at $997, Manana Ahupua`a at $1,250, and Waimano Ahupua`a at $1,250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Honolulu Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lower Punchbowl$3,350$99782
Manana Ahupua`a$3,350$1,25044
Waimano Ahupua`a$3,425$1,25027
Chinatown$3,450$99738
Waimalu Ahupua`a$3,500$1,50029
Financial District$3,850$99741
Downtown Honolulu$3,900$99743
Kapalama Ahupua`a$3,900$1,30012
Liliha Kapalama$3,900$1,10024
Waikiki$3,900$95079

Cheapest Available Honolulu Apartments for Rent

 

The cheapest available apartment rental in Honolulu, HI is a 1 Bed unit found at 1506 Piikoi St in the Honolulu Ahupua`a neighborhood priced from $900. Waikiki Vista in the Kapahulu neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Honolulu apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
Waikiki VistaStudioStudio,1BA$1,200
Weinberg HaleStudioStudio,1BA$1,250
Kokua HaleStudioStudio,1BA$1,310
Hale Mahana ApartmentsB12BR,1BA$1,395
Ala Wai Gardens Apartments0 Beds, 1 BathsStudio,1BA$1,445
Kewalo ApartmentsStudioStudio,1BA$1,465
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$1,525
Aloha la Halewiliko Senior Apartments (62+)Studio - 60% AMIStudio,1BA$1,527
Halewai'olu Residences 55+1 Bed, 1 bath1BR,1BA$1,545

Best Value Apartments for Rent in Honolulu, HI

As of March 04, 2026 the best value apartment in the Honolulu area is the $1.07 price per square foot 4999 Kahala Ave Model at 4999 Kahala Ave, Unit one bedroom with bath in the in the Waikiki Ahupua`a neighborhood starting from $1,600. The second greatest value Honolulu apartment is the Ilima Model at Kapilina Beach Homes starting at $4,144 with a $2.92 price per square foot in the Ewa neighborhood. Here is today’s list of the best values for Honolulu apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4999 Kahala Ave, Unit one bedroom with bath4999 Kahala Ave1BR,1BA$1.07
Kapilina Beach HomesIlima3BR,2BA$2.92
Kalo Terrace4-Bedroom4BR,2BA$0.59
98-179 Kauhihau Pl, Unit Up 298-179 Kauhihau Pl2BR,2BA$2.58
44 -124 Ikeanani Dr, Unit B - Downstairs44 -124 Ikeanani Dr2BR,1BA$2.10
44-124 Ikeanani Dr, Unit A - Upstairs Unit44-124 Ikeanani Dr1BR,1BA$2.99
Halewai'olu Residences 55+1 Bed, 1 bath1BR,1BA$2.76
Waikiki VistaStudioStudio ,1BA$2.86
Weinberg HaleStudioStudio ,1BA$3.12
1506 Piikoi St1 Bedroom1BR,1BA$3.00

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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The 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.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Honolulu, HI Rentals by Map

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Honolulu, HI Area Reviews

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Allison • 4+ years in Honolulu

October 15, 2025

I can't imagine raising my daughter anywhere else. It's expensive but worth it.

Frequently Asked Questions about Honolulu

What type of rentals are currently available in Honolulu?

There are currently 3310 Apartments for Rent in Honolulu, HI with pricing that ranges from $855 to $24,327. There are also 583 Single Family Homes for rent, Condos, and Townhome rentals currently available in Honolulu ranging from $950 to $37,000.

What is the current price range for Rental Homes in Honolulu?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Honolulu ranges from $950 to $37,000 with an average monthly rent of $5,623.

How much are larger Three and Four Bedroom Rentals in Honolulu?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Honolulu range from $1,000 to $24,327, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $11,000. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,325.

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

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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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.