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Cheap Apartments for Rent in the Waikiki Neighborhood of Honolulu, HI from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waikiki area of Honolulu.
218 Ka?iulani Ave
HonoluluHI96815
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from $1,300Studio to 2 Bedroom Apartments Contact Us For Availability
Keauhou Lane
502 Keawe StHonolulu, HI 96813
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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.
264 Ka?iulani Ave
HonoluluHI96815
2333 Kapiolani Blvd
HonoluluHI96826
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from $1,5631 to 2 Bedroom Apartments Available Now
Royal Kinau 62+ Senior Apartments
728 Kinau StHonolulu, HI 96813
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from $1,595Studio to 1 Bedroom Apartments Available Jun 20
Moana Vista Apartments
1720 Ala Moana BlvdHonolulu, HI 96815
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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2421 Ala Wai Blvd
HonoluluHI96815
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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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Showing Results 1-17, Page 1 of 1
Waikiki, Honolulu, HI Local Guide
How much does it cost to rent an apartment in Waikiki?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waikiki Studio Apartments | $2,146 | $1,200 | $3,979 |
| Waikiki 1 Bedroom Apartments | $2,787 | $1,625 | $5,165 |
| Waikiki 2 Bedroom Apartments | $4,034 | $1,563 | $10,000+ |
| Waikiki 3 Bedroom Apartments | $1,784 | $1,195 | $10,000+ |
| Waikiki 4 Bedroom Apartments | $1,797 | $1,433 | $5,732 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Waikiki Neighborhood of Honolulu, HI.
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Waikiki, Honolulu, HI Local Guide
- Nearby Honolulu neighborhoods
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Cheapest Available Waikiki Apartments for Rent
The cheapest available apartment rental in the Waikiki area of Honolulu, HI is a 3 Beds unit found at Hale Mahana Apartments priced from $1,195. Waikiki Vista has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Waikiki apartments for rent in Honolulu, HI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hale Mahana Apartments | C4 | 3BR,2BA | $1,195 |
| Waikiki Vista | Studio | Studio,1BA | $1,200 |
| Ala Wai Gardens Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,295 |
| Kokua Hale | Studio | Studio,1BA | $1,310 |
| Waikiki Walina Apartments | Studio - Plan B - Renovated | Studio,1BA | $1,595 |
Best Value Apartments for Rent in Waikiki, HI
As of June 09, 2025 the best value apartment in the Waikiki area is the $2.11 price per square foot 2 Bedroom Model at Royal Kinau 62+ Senior Apartments in the in the Honolulu Ahupua`a neighborhood starting from $1,563. The second greatest value Waikiki apartment is the 1778 Ala Moana Blvd Model at 1778 Ala Moana Blvd, Unit 3318 starting at $3,500 with a $4.83 price per square foot in the Waikiki neighborhood. Here is today’s list of the best values for Waikiki apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal Kinau 62+ Senior Apartments | 2 Bedroom | 2BR,1BA | $2.11 |
| 1778 Ala Moana Blvd, Unit 3318 | 1778 Ala Moana Blvd | 1BR,1BA | $4.83 |
| 1245 Palolo Ave | Two Bedrooms | 2BR,1BA | $3.43 |
| Napili Towers | 2 Bdrm - Plan3 | 2BR,1BA | $4.00 |
| Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.01 |
| The Residences at Bishop Place | Studios (A) | Studio ,1BA | $5.53 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| Waikahe | One Bedroom | 1BR,1BA | $4.17 |
| Waikiki Walina Apartments | Studio - Plan B - Renovated | Studio ,1BA | $4.43 |
| Kokua Hale | Studio | Studio ,1BA | $4.76 |
Quick Rent Budget Calculator
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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 LifestyleWaikiki, Honolulu, HI
Ranked #6
Among neighborhoods in Honolulu, HI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Waikiki Neighborhood in Honolulu, HI
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
64 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waikiki Apartments
What is a cheap apartment in Waikiki?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waikiki is under $2,400.
What is the price of a cheap apartment in Waikiki?
The cheapest apartment in Waikiki is Hale Mahana Apartments which is listed at $1,625, while the average apartment in Waikiki costs $2,995.
What types of apartments are the cheapest in Waikiki?
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 150 regular apartments in Waikiki that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waikiki?
Cheap apartments in Waikiki have an average cost of $1,014 which is $1,981 cheaper than the average rent for all rentals in Waikiki.
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.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.