Cheap Homes for Rent in Lower Punchbowl Neighborhood of Honolulu, HI from $800 (31 Rentals)

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

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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property at 1611 Miller St

1611 Miller St

HonoluluHI96813

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 1112 Kinau St

1112 Kinau St

HonoluluHI96814
property at 545 Queen St

545 Queen St

HonoluluHI96813

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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property at 1719 Nuuanu Ave

1719 Nuuanu Ave

HonoluluHI96813

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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Showing Results 1-31, Page 1 of 1

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. Royal Kinau 62+ Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,201. Here are the most affordable Lower Punchbowl apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$1,201
Kokua HaleStudioStudio,1BA$1,310
Kewalo ApartmentsStudioStudio,1BA$1,465
Halewai'olu Residences 55+1 Bed, 1 bath1BR,1BA$1,545
1655 Liholiho2BR/1.0BA2BR,1BA$2,070
1060 BishopStudio 1 BathroomStudio,1BA$2,128
Waena ApartmentsKiele1BR,1BA$2,150
The Residences at Bishop PlaceAlcove One Bedroom(B)1BR,1BA$2,350

Best Value Apartments for Rent in Lower Punchbowl, HI

As of November 02, 2025 the best value apartment in the Lower Punchbowl area is the $3.11 price per square foot 2 Bedroom 1.5 Bathroom Model at Punahou Heights in the in the Lower Punchbowl neighborhood starting from $2,419. The second greatest value Lower Punchbowl apartment is the 2 Bedroom Model at Royal Kinau 62+ Senior Apartments starting at $1,708 with a $2.31 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.
Punahou Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$3.11
Royal Kinau 62+ Senior Apartments2 Bedroom2BR,1BA$2.31
Waena ApartmentsKiele1BR,1BA$3.69
Halewai'olu Residences 55+1 Bed, 1 bath1BR,1BA$2.76
The Residences at Bishop PlaceStudios (A)Studio ,1BA$5.42
1060 BishopStudio 1 BathroomStudio ,1BA$5.44
1515B S King St, Unit 71515B S King St1BR,1BA$4.59
Kewalo ApartmentsStudioStudio ,1BA$4.58
1506 Piikoi St1 Bedroom1BR,1BA$3.00
Kokua HaleStudioStudio ,1BA$4.76

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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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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Pet Friendly Lifestyle
Lower Punchbowl, Honolulu, HI

Ranked #12

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Lower Punchbowl, Honolulu, HI

School data provided by Great Schools

Frequently Asked Questions about Lower Punchbowl

What type of rentals are currently available in Lower Punchbowl?

There are currently 902 Apartments for Rent in Lower Punchbowl, HI with pricing that ranges from $750 to $2,995. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Punchbowl ranging from $855 to $6,500.

What is the current price range for Rental Homes in Lower Punchbowl?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lower Punchbowl ranges from $855 to $6,500 with an average monthly rent of $3,404.

How much are larger Three and Four Bedroom Rentals in Lower Punchbowl?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lower Punchbowl range from $2,450 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,985 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,975.

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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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.