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Cheap Apartments for Rent in the Waikiki Neighborhood of Honolulu, HI from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waikiki area of Honolulu.
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Rent Specials
$1,526 - $1,907Studio Apartments Available Now
Waikiki Walina Apartments
441 Walina StHonolulu, HI 96815
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$1,595 - $1,785Studio to 1 Bedroom Apartments Contact Us For Availability
Moana Vista Apartments
1720 Ala Moana BlvdHonolulu, HI 96815
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$1,795 - $2,3641 to 2 Bedroom Apartments Available Now
Waikahe
2751-2755 Kapiolani BlvdHonolulu, HI 96826
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$1,850 - $3,525Studio to 2 Bedroom Apartments Available Now
Waikiki Whale Watcher
232 Kaiulani AveHonolulu, HI 96815
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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.
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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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Showing Results 1-13, 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 | $2,020 | $1,200 | $3,428 |
| Waikiki 1 Bedroom Apartments | $3,357 | $1,785 | $5,979 |
| Waikiki 2 Bedroom Apartments | $4,599 | $2,364 | $8,650 |
| Waikiki 3 Bedroom Apartments | $7,775 | $3,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 13 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. Waikiki Walina Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. 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 |
| Waikiki Walina Apartments | Studio - Plan B - Renovated | Studio,1BA | $1,595 |
| Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,669 |
| Waikahe | One Bedroom | 1BR,1BA | $1,795 |
| Waikiki Whale Watcher | Fully Furn Studio Month-to-Month | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Waikiki, HI
As of November 01, 2025 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 in the Waikiki neighborhood starting from $6,500. The second greatest value Waikiki apartment is the 2 Bdrm - Plan 1 Model at Napili Towers starting at $2,595 with a $3.30 price per square foot in the Diamond Head 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. |
|---|---|---|---|
| 1910 Ala Moana Blvd., Unit 18AF | 1910 Ala Moana Blvd. | 2BR,2BA | $4.19 |
| Napili Towers | 2 Bdrm - Plan 1 | 2BR,1BA | $3.30 |
| Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.95 |
| Lilia Waikiki | ST | Studio ,1BA | $7.65 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| Waikahe | One Bedroom | 1BR,1BA | $4.27 |
| Waikiki Walina Apartments | Studio - Plan B - Renovated | Studio ,1BA | $4.43 |
| Waikiki Whale Watcher | Fully Furn Jr 1 Bedroom M-to-M | 1BR,1BA | $6.88 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleWaikiki, Honolulu, HI
Ranked #1
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 $3,291.
What is the price of a cheap apartment in Waikiki?
The cheapest apartment in Waikiki is Kanekapolei Collection which is listed at $1,669, while the average apartment in Waikiki costs $7,115.
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 17 regular apartments in Waikiki that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.