2421 Ala Wai Blvd, Unit Studio
2421 Ala Wai Blvd
HonoluluHI96815
Cheap Apartments for Rent in the Waikiki Neighborhood of Honolulu, HI from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waikiki area of Honolulu.
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$1,200Studio Apartments Available Now
Waikiki Vista
2241 Kapiolani BlvdHonolulu, HI 96826
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$1,395 - $3,3951 to 3 Bedroom Apartments Available Aug 12
2612 Kapiolani
2612 Kapiolani BlvdHonolulu, HI 96826
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$1,645 - $1,860Studio to 1 Bedroom Apartments Available Sep 18
Moana Vista Apartments
1720 Ala Moana BlvdHonolulu, HI 96815
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$1,650 - $1,9521 to 2 Bedroom Apartments Available Aug 19
Waikahe
2751-2755 Kapiolani BlvdHonolulu, HI 96826
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$1,6501 Bedroom Apartments Available Now
707 Hausten St, Unit C
707 Hausten StHonolulu, HI 96826
2442 Tusitala St
HonoluluHI96815
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$1,784Studio Apartments Available Sep 15
Waikiki Walina Apartments
441 Walina StHonolulu, HI 96815
Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu
Find your perfect spot in paradise! Explore Honolulu's most vibrant and budget-friendly neighborhoods for renting, from Waikīkī to family-friendly McCully
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$1,850 - $3,928Studio to 2 Bedroom Apartments Contact Us For Availability
Waikiki Whale Watcher
232 Kaiulani AveHonolulu, HI 96815
444 Niu St, Unit 1212
444 Niu St
HonoluluHI96815
607 Isenberg St, Unit 6
607 Isenberg St
HonoluluHI96826
445 Seaside Ave, Unit 3010
445 Seaside Ave
HonoluluHI96815
300 Wai Nani Way
HonoluluHI96815
2442 Tusitala St, Unit 310
2442 Tusitala St
HonoluluHI96815
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Studio Apartments
2551 Kapiolani Blvd
2551 Kapiolani BlvdHonolulu, HI 96826
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Studio to 1 Bedroom Apartments
Ala Wai House
2411 Ala Wai BlvdHonolulu, HI 96815
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Studio to 2 Bedroom Apartments
Kanekapolei Collection
417 Kanekapolei StHonolulu, HI 96815
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Studio Apartments
Ala Wai Gardens Apartments
264 Kaiulani AveHonolulu, HI 96815
2123 Lau‘ula St
HonoluluHI96815
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Studio Apartments
Canal House
2611 Ala Wai BlvdHonolulu, HI 96815
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1 to 2 Bedroom Apartments
Hale Wai Nani
287 Wai Nani WayHonolulu, HI 96815
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Studio to 2 Bedroom Apartments
516 Kamoku St
516 Kamoku StHonolulu, HI 96826
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1 to 3 Bedroom Apartments
Kapiolani Village
2647 Kapiolani BlvdHonolulu, HI 96826
445 Seaside Ave
HonoluluHI96815
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
444 Niu St
HonoluluHI96815
225 Lili?uokalani Ave
HonoluluHI96815
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Studio to 2 Bedroom Apartments
Pacific Oasis
455 Nohonani StHonolulu, HI 96815
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1 Bedroom Apartments
Ala Wai Garden Plaza
2055 Ala Wai BlvdHonolulu, HI 96815
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Studio to 1 Bedroom Apartments
250 Kapili St
250 Kapili StHonolulu, HI 96815
2211 Ala Wai Blvd
HonoluluHI96815
432 Nmhana St
HonoluluHI96815
411 Kaiolu St
HonoluluHI96815
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
410 Nahua St
HonoluluHI96815
1765 Ala Moana Blvd
HonoluluHI96815
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![Kamoku Luxury Apartment-Homes [Move 10/01/17]](https://assets.apartmenthomeliving.com/imgs/533701248/922-615-117-B/kamoku-luxury-apartment-homes-move-10-01-17-honolulu-hi-96826-4050071-newly-completed-construction-1.jpg)
2 Bedroom Apartments
Kamoku Luxury Apartment-Homes [Move 10/01/17]
758 Kamoku StHonolulu, HI 96826
300 Wai Nani Way
HonoluluHI96815
2572 Lemon Rd
HonoluluHI96815
417 Namahana St
HonoluluHI96815
417 Namahana St
HonoluluHI96815
1911 Kalakaua Ave
HonoluluHI96815
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.
419A Atkinson Dr
HonoluluHI96814
400 Hobron Ln
HonoluluHI96815
Showing Results 1-42, 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 | $1,812 | $1,200 | $2,495 |
| Waikiki 1 Bedroom Apartments | $3,409 | $1,395 | $8,980 |
| Waikiki 2 Bedroom Apartments | $7,728 | $2,295 | $10,000+ |
| Waikiki 3 Bedroom Apartments | $21,443 | $3,395 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 42 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
- Nearby Cities
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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. Kanekapolei Collection has the second lowest priced unit, which is a Studio apartment currently listed from $1,476. 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 |
| Kanekapolei Collection | Studio 1 Bathroom | Studio,1BA | $1,476 |
| Ala Wai Gardens Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,495 |
| Waikiki Whale Watcher | Fully Furn Studio Long term | Studio,1BA | $1,950 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $2,995 |
| Lilia Waikiki | 1J | 1BR,1BA | $3,248 |
Best Value Apartments for Rent in Waikiki, HI
As of August 10, 2026 the best value apartment in the Waikiki area is the $3.44 price per square foot 2575 Kuhio Ave Model at 2575 Kuhio Ave, Unit Apt 404 in the in the Diamond Head neighborhood starting from $3,850. The second greatest value Waikiki apartment is the 2 Bdrm - Plan4 Model at Napili Towers starting at $2,995 with a $3.81 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. |
|---|---|---|---|
| 2575 Kuhio Ave, Unit Apt 404 | 2575 Kuhio Ave | 2BR,2BA | $3.44 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $3.81 |
| 425 Ena Rd, Unit 204-C | 425 Ena Rd | 1BR,1BA | $4.50 |
| 1778 Ala Moana Blvd, Unit 4115 | 1778 Ala Moana Blvd | Studio ,1BA | $5.14 |
| Kanekapolei Collection | Studio 1 Bathroom | Studio ,1BA | $3.33 |
| Lilia Waikiki | ST | Studio ,1BA | $8.10 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| 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.
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Real 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.
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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 #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 the Cheapest Studio apartment in Waikiki?
Currently the most affordable Cheap Studio Apartment in Waikiki is at Waikiki Vista listed at $1,200.
How much is rent for a Cheap One Bedroom Waikiki Apartment?
The lowest price for a Cheap One Bedroom Waikiki Apartment is $1,975 at Waikiki Whale Watcher.
What is the lowest price for a Cheap Two Bedroom Waikiki Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waikiki is starting from $2,650 at Waikiki Whale Watcher.
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
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.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.