
Cheap Apartments for Rent in the Waikiki Neighborhood of Honolulu, HI from $650 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waikiki area of Honolulu.


2612 Kapiolani

264 Ka?iulani Ave

1676 Ala Moana Blvd, Unit 607

1946 Ala Moana Blvd

Moana Vista Apartments

Waikahe

2107 Ala Wai Blvd

2442 Tusitala St

454 Namahana St
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2450 Koa Ave, Unit 73

Waikiki Whale Watcher

Waikiki Walina Apartments

1621 Ala Wai Blvd

1920 Ala Moana Blvd, Unit Inn on The Park Condo

2442 Tusitala St, Unit 310

Napili Towers

509 University Ave, Unit Ala Wai Cove

2551 Kapiolani Blvd

444 Niu St
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Kapuni Street

2428 Koa Avenue

Ala Wai House

Kanekapolei Collection

Ala Wai Gardens Apartments

2550E Date St.

Canal House

Hale Wai Nani

516 Kamoku St

522 Lauiki St.
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Kapiolani Village

1011

1941 Church Ln

H106ach(TEOMe)

2750 Date

Pacific Oasis

440 Lewers St

718 Hoawa St

1920 Ala Moana Blvd

Ala Wai Garden Plaza
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250 Kapili St

2510 Date St

445 Seaside Ave

411 Kaiolu St

432 Nmhana St

2525 Date St

1690 Ala Moana Blvd

410 Nahua St

417 Namahana St

417 Namahana St
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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 | $2,638 | $1,200 | $5,245 |
| Waikiki 1 Bedroom Apartments | $3,471 | $1,395 | $9,011 |
| Waikiki 2 Bedroom Apartments | $8,535 | $2,364 | $10,000+ |
| Waikiki 3 Bedroom Apartments | $12,799 | $3,395 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 66 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
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Cheapest Available Waikiki Apartments for Rent
 The cheapest available apartment rental in the Waikiki area of Honolulu, HI is a Studio unit found at Waikiki Vista priced from $1,200. 2428 Koa Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Waikiki apartments for rent in Honolulu, HI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waikiki Vista | Studio | Studio, 1BA | $1,200 |
| 2428 Koa Avenue | 1BR/1.0BA | 1BR, 1BA | $1,300 |
| Kanekapolei Collection | Studio 1 Bathroom | Studio, 1BA | $1,370 |
| Ala Wai Gardens Apartments | 0 Beds, 1 Baths | Studio, 1BA | $1,445 |
| H106ach(TEOMe) | 2BR/1.0BA | 2BR, 1BA | $1,725 |
| 2750 Date | 1BR/1.0BA | 1BR, 1BA | $1,750 |
| 2510 Date St | 1BR/1.0BA | 1BR, 1BA | $1,850 |
| Waikiki Whale Watcher | Fully Furn Studio Long term | Studio, 1BA | $1,950 |
| 240 Liliuokalani LLC | 1BR/1.0BA | 1BR, 1BA | $2,100 |
| Napili Towers | 1 Bdrm - Plan2 | 1BR, 1BA | $2,195 |
Best Value Apartments for Rent in Waikiki, HI
As of September 25, 2026 the best value apartment in the Waikiki area is the $4.19 price per square foot 1910 Ala Moana Blvd. Model at 1910 Ala Moana Blvd., Unit 18AF in the Waikiki neighborhood starting from $6,500. The second greatest value Waikiki apartment is the 2575 Kuhio Ave Model at 2575 Kuhio Ave, Unit Apt 404 in the Diamond Head neighborhood starting at $3,850 with a $3.44 price per square foot. 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. |
|---|---|---|---|
| 1910 Ala Moana Blvd., Unit 18AF | 1910 Ala Moana Blvd. | 2BR, 2BA | $4.19 |
| 2575 Kuhio Ave, Unit Apt 404 | 2575 Kuhio Ave | 2BR, 2BA | $3.44 |
| Napili Towers | 1 Bdrm - Plan2 | 1BR, 1BA | $4.33 |
| 2510 Date St | 1BR/1.0BA | 1BR, 1BA | $3.85 |
| 240 Liliuokalani LLC | 1BR/1.0BA | 1BR, 1BA | $4.67 |
| Kanekapolei Collection | Studio 1 Bathroom | Studio, 1BA | $3.09 |
| Lilia Waikiki | 0T | Studio, 1BA | $7.19 |
| Waikiki Vista | Studio | Studio, 1BA | $2.86 |
| 2428 Koa Avenue | 1BR/1.0BA | 1BR, 1BA | $3.74 |
| Waikiki Whale Watcher | Fully Furn Jr 1 Bedroom Long term | 1BR, 1BA | $7.34 |
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 ArticleNavigating 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.
Read ArticleQuick 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.
Pet Friendly LifestyleWaikiki, Honolulu, HI
Ranked #1
Among cities in Hawaii for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,195.
What is the price of a cheap apartment in Waikiki?
The cheapest apartment in Waikiki is 2428 Koa Avenue which is listed at $1,300, while the average apartment in Waikiki costs $3,513.
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 8 regular apartments in Waikiki 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

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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
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