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Cheap Apartments for Rent in the Waikiki Neighborhood of Honolulu, HI from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waikiki area of Honolulu.
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$1,595 - $1,785Studio to 1 Bedroom Apartments Available Now
Moana Vista Apartments
1720 Ala Moana BlvdHonolulu, HI 96815
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$1,657 - $1,757Studio Apartments Available Aug 20
Waikiki Walina Apartments
441 Walina StHonolulu, HI 96815
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$1,850 - $3,325Studio to 2 Bedroom Apartments Available Now
Waikiki Whale Watcher
232 Kaiulani AveHonolulu, HI 96815
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$1,895 - $2,3641 to 2 Bedroom Apartments Available Now
Waikahe
2751-2755 Kapiolani BlvdHonolulu, HI 96826
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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.
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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.
Showing Results 1-14, 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 | $2,465 | $1,200 | $4,208 |
| Waikiki 1 Bedroom Apartments | $3,240 | $1,475 | $5,175 |
| Waikiki 2 Bedroom Apartments | $5,133 | $2,364 | $10,000+ |
| Waikiki 3 Bedroom Apartments | $12,048 | $7,470 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 14 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 Studio unit found at Waikiki Vista priced from $1,200. Ala Wai Gardens Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. 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 |
| Ala Wai Gardens Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,325 |
| Moana Vista Apartments | Studio | Studio,1BA | $1,595 |
| Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,787 |
| Waikiki Whale Watcher | Fully Furn Studio Month-to-Month | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Waikiki, HI
As of July 25, 2025 the best value apartment in the Waikiki area is the $3.81 price per square foot 2 Bdrm - Plan4 Model at Napili Towers in the in the Diamond Head neighborhood starting from $2,995. The second greatest value Waikiki apartment is the 425 Ena Rd Model at 425 Ena Rd, Unit 204-C starting at $2,700 with a $4.50 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. |
|---|---|---|---|
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $3.81 |
| 425 Ena Rd, Unit 204-C | 425 Ena Rd | 1BR,1BA | $4.50 |
| Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.01 |
| 1778 Ala Moana Blvd, Unit 3915 | 1778 Ala Moana Blvd | Studio ,1BA | $5.14 |
| Lilia Waikiki | SU | Studio ,1BA | $7.29 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| Waikahe | One Bedroom | 1BR,1BA | $4.51 |
| Moana Vista Apartments | Studio | Studio ,1BA | $4.20 |
| Waikiki Whale Watcher | Fully Furn Jr 1 Bedroom M-to-M | 1BR,1BA | $6.88 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWaikiki, Honolulu, HI
Ranked #17
Among cities in Hawaii for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $3,080.
What is the price of a cheap apartment in Waikiki?
The cheapest apartment in Waikiki is Kanekapolei Collection which is listed at $1,787, while the average apartment in Waikiki costs $7,490.
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 1 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 $109 which is $7,381 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.
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.
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.