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$9001 Bedroom Apartments Available Now
1506 Piikoi St
1506 Piikoi StHonolulu, HI 96822
Cheap Apartments for Rent in the Lower Punchbowl Neighborhood of Honolulu, HI from $855 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Punchbowl area of Honolulu.
xx48 Lunalilo St
HonoluluHI96822
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$1,310Studio Apartments Available Now
Kokua Hale
1192 Alakea StHonolulu, HI 96813
1408 Liliha St
HonoluluHI96817
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$1,465 - $1,535Studio Apartments Available Now
Kewalo Apartments
1442 Kewalo StHonolulu, HI 96822
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$1,475Studio Apartments Available Soon
Keauhou Lane
502 Keawe StHonolulu, HI 96813
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$1,577 - $2,3651 to 2 Bedroom Apartments Available Now
Halewai'olu Senior Residences
1331 River StHonolulu, HI 96817
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$1,6001 Bedroom Apartments Available Now
Hale Lusitana
1408-1412 Lusitana StHonolulu, HI 96813
1125 Young St
HonoluluHI96814
1559B Thurston Ave
HonoluluHI96822
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
930 Kaheka St, Unit PHB5
930 Kaheka St
HonoluluHI96814
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$1,800
Total Monthly Price
Base Rent$1,800
Total Monthly Price$1,800
1524 Pensacola St, Unit Apt #208
1524 Pensacola StHonolulu, HI 96822
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$1,800 - $2,350Studio to 2 Bedroom Apartments Available Now
1060 Bishop
1060 Bishop StHonolulu, HI 96813
1515 Nuuanu Ave, Unit 1855
1515 Nuuanu Ave
HonoluluHI96817
1099 Green St, Unit 203
1099 Green St
HonoluluHI96822
1099 Green St, Unit 203
1099 Green St
HonoluluHI96822
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Studio Apartments
1302 Kinau St
1302 Kinau StHonolulu, HI 96814
1301 Lusitana St
HonoluluHI96813
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Studio Apartments
Loliana Apartments
565 Quinn LnHonolulu, HI 96813
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Studio to 1 Bedroom Apartments
Honuakaha Senior Rentals 62+
545 Queen StHonolulu, HI 96813
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Studio to 2 Bedroom Apartments
Hale Kalele Apartment Homes
937 Piikoi StHonolulu, HI 96814
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1 Bedroom Apartments
1089 Karratti Ln
1089 Karratti LnHonolulu, HI 96822
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1 Bedroom Apartments
1650 Young St
1650 Young StHonolulu, HI 96826
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1 to 2 Bedroom Apartments
1508 Pensacola St
1508 Pensacola StHonolulu, HI 96822
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1 Bedroom Apartments
BK-1720
1143 Hassinger StHonolulu, HI 96814
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Studio to 2 Bedroom Apartments
Queen Emma Apartments
1270 Queen Emma StHonolulu, HI 96813
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Studio to 2 Bedroom Apartments
Kulana Hale Senior Apartments
1551 S Beretania StHonolulu, HI 96826
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Studio to 1 Bedroom Apartments
Pohulani - Elderly Apartments - 62yrs & Older
626 Coral StHonolulu, HI 96813
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Studio Apartments
1436 Lunalilo St.
1436 Lunalilo StHonolulu, HI 96814
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2 Bedroom Apartments
Liholiho Lani
1615 Liholiho StHonolulu, HI 96822
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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1 Bedroom Apartments
Malulani Hale
114 N Kuakini StHonolulu, HI 96813
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1 to 2 Bedroom Apartments
Royal Kinau 62+ Senior Apartments
728 Kinau StHonolulu, HI 96813
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1 Bedroom Apartments
1624 Anapuni
1624 Anapuni StHonolulu, HI 96822
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2 Bedroom Apartments
Aina Au Apartments
1322 Matlock AveHonolulu, HI 96814
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1 Bedroom Apartments
1547 Wilder Ave
1547 Wilder AveHonolulu, HI 96822
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1 Bedroom Apartments
1608 Cottage Walk
1608 Cottage WalkHonolulu, HI 96813
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1 Bedroom Apartments
34 Hialoa St
34 Hialoa StHonolulu, HI 96817
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1 Bedroom Apartments
1024 Green St.
1024 Green StHonolulu, HI 96822
2544 Ahekolo St
HonoluluHI96813
1188 Bishop St
HonoluluHI96813
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 Bedroom Apartments
1094
307 Prospect StHonolulu, HI 96813
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1 Bedroom Apartments
PATSY B. Y. DUNG
1448 Lunalilo StHonolulu, HI 96814
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1 Bedroom Apartments
H184ach (TEOMe)
1663 Kewalo StHonolulu, HI 96822
006100 N Beretania St
HonoluluHI96817
824 Kinau St
HonoluluHI96813
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1 Bedroom Apartments
A130700L
1533 Liholiho StHonolulu, HI 96822
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1 to 2 Bedroom Apartments
Wilder Terrace
1148 Wilder AveHonolulu, HI 96822
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1 to 2 Bedroom Apartments
1455 Lusitana
1455 Lusitana StHonolulu, HI 96813
1511 Nuuanu Ave
HonoluluHI96817
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Studio Apartments
#1067-1074: Green St Apt
1015 Green StHonolulu, HI 96822
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.
Showing Results 1-50, Page 1 of 2
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 | $1,761 | $1,310 | $2,720 |
| Lower Punchbowl 1 Bedroom Apartments | $2,085 | $900 | $3,300 |
| Lower Punchbowl 2 Bedroom Apartments | $2,799 | $1,700 | $4,050 |
| Lower Punchbowl 3 Bedroom Apartments | $2,695 | $2,695 | $2,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 84 rentals with your search options within a 1 mile radius of the Lower Punchbowl Neighborhood of Honolulu, HI.
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Lower Punchbowl, Honolulu, HI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1506 Piikoi St | 1 Bedroom | 1BR, 1BA | $900 |
| Kokua Hale | Studio | Studio, 1BA | $1,310 |
| 1608 Cottage Walk | 1BR/1.0BA | 1BR, 1BA | $1,450 |
| Kewalo Apartments | Studio | Studio, 1BA | $1,465 |
| 1024 Green St. | 1BR/1.0BA | 1BR, 1BA | $1,485 |
| H184ach (TEOMe) | 1BR/1.0BA | 1BR, 1BA | $1,500 |
| PATSY B. Y. DUNG | 1BR/1.0BA | 1BR, 1BA | $1,500 |
| A130700L | 1BR/1.0BA | 1BR, 1BA | $1,525 |
| Wilder Terrace | 1BR/1.0BA | 1BR, 1BA | $1,550 |
| 1455 Lusitana | 1BR/1.0BA | 1BR, 1BA | $1,575 |
Best Value Apartments for Rent in Lower Punchbowl, HI
As of September 27, 2026 the best value apartment in the Lower Punchbowl area is the $3.28 price per square foot 2 Bedroom 1.5 Bathroom Model at Punahou Heights in the Lower Punchbowl neighborhood starting from $2,549. The second greatest value Lower Punchbowl apartment is the 2BR/1.0BA Model at Kinau Street in the Lower Punchbowl neighborhood starting at $1,650 with a $2.75 price per square foot. Here is today’s list of the best values for Lower Punchbowl apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR, 1.5BA | $3.28 |
| Kinau Street | 2BR/1.0BA | 2BR, 1BA | $2.75 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR, 1BA | $3.87 |
| PATSY B. Y. DUNG | 1BR/1.0BA | 1BR, 1BA | $2.59 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR, 1BA | $2.82 |
| Hale Lusitana | 1 Bed 1 Bath | 1BR, 1BA | $3.20 |
| 507 Hiram Ln | 2BR/1.0BA | 2BR, 1BA | $3.64 |
| 1608 Cottage Walk | 1BR/1.0BA | 1BR, 1BA | $4.14 |
| 1024 Green St. | 1BR/1.0BA | 1BR, 1BA | $4.24 |
| 1506 Piikoi St | 1 Bedroom | 1BR, 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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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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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Best Local Schools in Lower Punchbowl, Honolulu, HI
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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 $1,575.
What is the price of a cheap apartment in Lower Punchbowl?
The cheapest apartment in Lower Punchbowl is 1506 Piikoi St which is listed at $900, while the average apartment in Lower Punchbowl costs $2,350.
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
A Local Hawaii Expert's Guide To Student Renting in Honolulu Neighborhoods
Written by: Allison Wallis
Aloha! This is Allison Wallis, your local Apartmenthomeliving.com expert for Honolulu, Hawai‘i, with info about the best neighborhoods for college students.
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.