Cheap Apartments for Rent in the Lower Punchbowl Neighborhood of Honolulu, HI from $900 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lower Punchbowl area of Honolulu.

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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34 Hialoa St
1 Bedroom Apartments

34 Hialoa St

34 Hialoa StHonolulu, HI 96817
  • Utilities Included
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1089 Karratti Ln
1 Bedroom Apartments

1089 Karratti Ln

1089 Karratti LnHonolulu, HI 96822

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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1508 Pensacola St
1 Bedroom Apartments

1508 Pensacola St

1508 Pensacola StHonolulu, HI 96822
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1650 Young St
1 Bedroom Apartments

1650 Young St

1650 Young StHonolulu, HI 96826
  • Utilities Included

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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Liholiho Lani
2 Bedroom Apartments

Liholiho Lani

1615 Liholiho StHonolulu, HI 96822
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Malulani Hale
1 Bedroom Apartments

Malulani Hale

114 N Kuakini StHonolulu, HI 96813
Senior Living
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1547 Wilder Ave
1 Bedroom Apartments

1547 Wilder Ave

1547 Wilder AveHonolulu, HI 96822

Lower Punchbowl, Honolulu, HI Local Guide

Cheapest Available Lower Punchbowl Apartments for Rent

 

The cheapest available apartment rental in the Lower Punchbowl area of Honolulu, HI is a 1 Bed unit found at 1506 Piikoi St priced from $900. Kokua Hale has the second lowest priced unit, which is a Studio apartment currently listed from $1,310. Here are the most affordable Lower Punchbowl apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
Kokua HaleStudioStudio,1BA$1,310
Kewalo ApartmentsStudioStudio,1BA$1,457
1060 BishopStudio 1 BathroomStudio,1BA$1,950
Waena ApartmentsPualani2BR,1BA$2,300

Best Value Apartments for Rent in Lower Punchbowl, HI

As of July 25, 2025 the best value apartment in the Lower Punchbowl area is the $3.03 price per square foot Pualani Model at Waena Apartments in the in the Honolulu Ahupua`a neighborhood starting from $2,300. The second greatest value Lower Punchbowl apartment is the 1 Bedroom (D) Model at The Residences at Bishop Place starting at $3,100 with a $5.85 price per square foot in the Honolulu Ahupua`a neighborhood. Here is today’s list of the best values for Lower Punchbowl apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waena ApartmentsPualani2BR,1BA$3.03
The Residences at Bishop Place1 Bedroom (D)1BR,1BA$5.85
1060 BishopStudio 1 BathroomStudio ,1BA$4.99
1515B S King St, Unit 71515B S King St1BR,1BA$4.59
Kewalo ApartmentsStudioStudio ,1BA$4.55
1506 Piikoi St1 Bedroom1BR,1BA$3.00
Kokua HaleStudioStudio ,1BA$4.76

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Pet Friendly Lifestyle
Lower Punchbowl, Honolulu, HI

Ranked #19

Among cities in Hawaii for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Lower Punchbowl Apartments

How much is rent for a Cheap One Bedroom Lower Punchbowl Apartment?

The lowest price for a Cheap One Bedroom Lower Punchbowl Apartment is $900 at 1506 Piikoi St.

What is the lowest price for a Cheap Two Bedroom Lower Punchbowl Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lower Punchbowl is starting from $1,708 at Royal Kinau 62+ Senior Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.