
Cheap 2 Bedroom Apartments for Rent in the Lower Punchbowl Neighborhood of Honolulu, HI from $1,750 (9 Rentals)


Halewai'olu Senior Residences

Liholiho Lani

Hocking Building
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Queen Emma Apartments

Royal Kinau 62+ Senior Apartments

1023 Maunakea St

2050 Nuuanu Ave
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

1556 Pensacola St
Lower Punchbowl, Honolulu, HI Local Guide

How much does it cost to rent an apartment in Lower Punchbowl?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Punchbowl Studio Apartments | $1,779 | $1,310 | $2,725 |
| Lower Punchbowl 1 Bedroom Apartments | $2,034 | $900 | $3,250 |
Lower Punchbowl 2 Bedroom Apartments | $2,517 | $1,750 | $3,650 |
| Lower Punchbowl 3 Bedroom Apartments | $2,350 | $1,050 | $3,650 |
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Lower Punchbowl, Honolulu, HI Local Guide
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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 Lower Punchbowl, Honolulu, HI
Robert Louis Stevenson Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Lower Punchbowl Apartments
What is a cheap apartment in Lower Punchbowl?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lower Punchbowl is under $2,250.
What is the price of a cheap apartment in Lower Punchbowl?
The cheapest apartment in Lower Punchbowl is Halewai'olu Senior Residences which is listed at $1,999, while the average apartment in Lower Punchbowl costs $3,650.
What types of apartments are the cheapest in Lower Punchbowl?
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 Lower Punchbowl 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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.