Cheap Homes for Rent in Honolulu, HI from $900 (154 Rentals)

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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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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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property at 441 Lewers St

441 Lewers St

HonoluluHI96815

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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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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property at 2888 Ala Ilima St

2888 Ala Ilima St

HonoluluHI96818

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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Honolulu, HI Local Guide

Cheapest Neighborhoods for Apartments in Honolulu, HI

Pricing Updated: 12/10/2025

Current apartment rentals in the Honolulu, HI area range in price from $997 to $25,000 with an overall median price of $5,821. The three Honolulu neighborhoods with the lowest median rent pricing are Mililani Mauka Launani Valley at $1,700, Downtown Honolulu at $997, and Kalauao Ahupua`a at $1,450. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Honolulu Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mililani Mauka Launani Valley$3,300$1,70021
Downtown Honolulu$3,575$99753
Kalauao Ahupua`a$3,900$1,45034
Chinatown$3,900$99743
Financial District$3,900$99751
Waimalu Ahupua`a$3,900$1,77532
Waimano Ahupua`a$3,900$1,75037
Kalihi Palama$4,000$99772
Kapalama Ahupua`a$4,000$1,00023
Mccully Moiliili$4,000$1,50070

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
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$1,201
Weinberg HaleStudioStudio,1BA$1,250
Kokua HaleStudioStudio,1BA$1,310
Hale Mahana ApartmentsB12BR,1BA$1,395
Ala Wai Gardens Apartments0 Beds, 1 BathsStudio,1BA$1,395
Kewalo ApartmentsStudioStudio,1BA$1,465

Best Value Apartments for Rent in Honolulu, HI

As of December 10, 2025 the best value apartment in the Honolulu area is the $0.59 price per square foot 4-Bedroom Model at Kalo Terrace in the in the Kapahulu neighborhood starting from $799. The second greatest value Honolulu apartment is the Orchid Model at Kapilina Beach Homes starting at $3,775 with a $3.07 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.
Kalo Terrace4-Bedroom4BR,2BA$0.59
Kapilina Beach HomesOrchid4BR,2BA$3.07
44-124 Ikeanani Dr, Unit A - Upstairs Unit44-124 Ikeanani Dr1BR,1BA$2.99
Punahou Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$2.95
Royal Kinau 62+ Senior Apartments2 Bedroom2BR,1BA$2.31
3708A Claudine St, Unit 23708A Claudine St1BR,1BA$3.06
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$2.95
Halewai'olu Residences 55+1 Bed, 1 bath1BR,1BA$2.76
Waikiki VistaStudioStudio ,1BA$2.86
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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Quick 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.

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Honolulu, HI
Population: 347,397

Ranked #56

in US Census Population by City

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

Explore Honolulu, HI Rentals by Map

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See the most popular apartments and homes in Honolulu, HI

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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 3316 Apartments for Rent in Honolulu, HI with pricing that ranges from $674 to $15,450. There are also 656 Single Family Homes for rent, Condos, and Townhome rentals currently available in Honolulu ranging from $997 to $25,000.

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 $997 to $25,000 with an average monthly rent of $5,332.

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 $13,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $25,000. Four Bedroom Single-Family rentals are also available starting from $3,000 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

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!