
Cheap Apartments for Rent in the Kalihi Palama Neighborhood of Honolulu, HI from $980 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kalihi Palama area of Honolulu.


666 Prospect St, Unit 1402

Kokua Hale

1608 Cottage Walk

Keauhou Lane

1570 Pohaku St, Unit D

2210 N School St

Halewai'olu Senior Residences
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1228 Halona Pl

1060 Bishop

Loliana Apartments

Honuakaha Senior Rentals 62+

Queen Emma Apartments

Pohulani - Elderly Apartments - 62yrs & Older

938 Owen St

2135 Eluwene St
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Malulani Hale

Royal Kinau 62+ Senior Apartments

34 Hialoa St

1188 Bishop St

1623 Alapai

Kauhale Kaka'ako

2020 Waterhouse St.

1438 Liliha St
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785 Kinau St

1905 Kalihi St

1511 Nuuanu Ave

150 N King St

Kapuna 1 Apartments

1614 Emerson St

1516 Ward Ave

32 N School St
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55 S Kukui St
Kalihi Palama, Honolulu, HI Local Guide

How much does it cost to rent an apartment in Kalihi Palama?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kalihi Palama Studio Apartments | $1,477 | $980 | $1,800 |
| Kalihi Palama 1 Bedroom Apartments | $2,299 | $1,385 | $3,060 |
| Kalihi Palama 2 Bedroom Apartments | $3,081 | $1,600 | $6,121 |
| Kalihi Palama 3 Bedroom Apartments | $2,825 | $2,800 | $2,850 |
| Kalihi Palama 4 Bedroom Apartments | $3,015 | $3,015 | $3,015 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Kalihi Palama Neighborhood of Honolulu, HI.
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Kalihi Palama, Honolulu, HI Local Guide
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Cheapest Available Kalihi Palama Apartments for Rent
 The cheapest available apartment rental in the Kalihi Palama 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 Kalihi Palama 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 |
| 938 Owen St | 1 Beds, 1 Baths | 1BR,1BA | $1,400 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $1,577 |
| 1623 Alapai | 1BR/1.0BA | 1BR,1BA | $1,625 |
| 2020 Waterhouse St. | 1BR/1.0BA | 1BR,1BA | $1,650 |
| 1060 Bishop | Studio 1 Bathroom | Studio,1BA | $1,800 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $2,235 |
| The Residences at Bishop Place | Alcove One Bedroom | 1BR,1BA | $2,575 |
Best Value Apartments for Rent in Kalihi Palama, HI
As of August 24, 2026 the best value apartment in the Kalihi Palama area is the $1.87 price per square foot 1 Beds, 1 Baths Model at 938 Owen St in the in the Kalihi Ahupua`a neighborhood starting from $1,400. The second greatest value Kalihi Palama apartment is the 1BR/1.0BA Model at 2020 Waterhouse St. starting at $1,650 with a $2.75 price per square foot in the Kalihi Ahupua`a neighborhood. Here is today’s list of the best values for Kalihi Palama apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 938 Owen St | 1 Beds, 1 Baths | 1BR,1BA | $1.87 |
| 2020 Waterhouse St. | 1BR/1.0BA | 1BR,1BA | $2.75 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.84 |
| The Residences at Bishop Place | Alcove One Bedroom | 1BR,1BA | $4.60 |
| 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 |
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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.
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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.
Best Local Schools in Kalihi Palama, Honolulu, HI
King David Kalakaua Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Kalihi Palama Apartments
What is a cheap apartment in Kalihi Palama?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kalihi Palama is under $2,575.
What is the price of a cheap apartment in Kalihi Palama?
The cheapest apartment in Kalihi Palama is 938 Owen St which is listed at $1,400, while the average apartment in Kalihi Palama costs $2,235.
What types of apartments are the cheapest in Kalihi Palama?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Kalihi Palama that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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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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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.