Cheap Homes for Rent in Lower Punchbowl Neighborhood of Honolulu, HI from $1,200 (31 Rentals)

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Search the lowest-cost Homes 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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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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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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property at 801 South St

801 South St

HonoluluHI96813
property at 818 S King St

818 S King St

HonoluluHI96813

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.

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property at 710 Lunalilo St

710 Lunalilo St

HonoluluHI96813
property at 710 Lunalilo St

710 Lunalilo St

HonoluluHI96813
property at 320 ?Ohua Ave

320 ?Ohua Ave

HonoluluHI96815
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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
The Residences at Bishop PlaceAlcove One Bedroom(B)1BR,1BA$2,500

Best Value Apartments for Rent in Lower Punchbowl, HI

As of July 28, 2025 the best value apartment in the Lower Punchbowl area is the $2.99 price per square foot Pualani Model at Waena Apartments in the in the Honolulu Ahupua`a neighborhood starting from $2,275. 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.
Waena ApartmentsPualani2BR,1BA$2.99
Royal Kinau 62+ Senior Apartments2 Bedroom2BR,1BA$2.31
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

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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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 $900 to $3,800. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Punchbowl ranging from $1,250 to $5,900.

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 $1,250 to $5,900 with an average monthly rent of $3,473.

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.