Cheap Homes for Rent in Palolo Neighborhood of Honolulu, HI from $1,500 (4 Rentals)

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

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.

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.

Best Value Apartments for Rent in Palolo, HI

As of April 25, 2026 the best value apartment in the Palolo area is the $3.67 price per square foot 2012 St Louis Dr Model at 2012 St Louis Dr, Unit 2 in the in the Waikiki Ahupua`a neighborhood starting from $3,300. The second greatest value Palolo apartment is the 4448 Sierra Dr Model at 4448 Sierra Dr, Unit Studio starting at $890 with a $8.90 price per square foot in the Waikiki Ahupua`a neighborhood. Here is today’s list of the best values for Palolo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2012 St Louis Dr, Unit 22012 St Louis Dr2BR,2BA$3.67
4448 Sierra Dr, Unit Studio4448 Sierra Dr1BR,1BA$8.90

Frequently Asked Questions about Palolo

What type of rentals are currently available in Palolo?

There are currently 53 Apartments for Rent in Palolo, HI with pricing that ranges from $790 to $6,500. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palolo ranging from $1,500 to $8,500.

What is the current price range for Rental Homes in Palolo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palolo ranges from $1,500 to $8,500 with an average monthly rent of $3,826.

How much are larger Three and Four Bedroom Rentals in Palolo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palolo range from $4,800 to $5,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $5,995. Four Bedroom Single-Family rentals are also available starting from $5,500 and Four Bedroom Apartments start at $6,500.

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

decorative image for Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.