Cheap Homes for Rent in Waikiki Neighborhood of Honolulu, HI from $1,000 (27 Rentals)

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Cheap Homes in the Waikiki area of Honolulu.

property at 400 Hobron Ln

400 Hobron Ln

HonoluluHI96815

Navigating 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.

property at 2525 Date St

2525 Date St

HonoluluHI96826
property at 445 Seaside Ave

445 Seaside Ave

HonoluluHI96815

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 425 Ena Rd

425 Ena Rd

HonoluluHI96815
property at 2092 Kuhio Ave.

2092 Kuhio Ave.

HonoluluHI96815

Waikiki, Honolulu, HI Local Guide

Cheapest Available Waikiki Apartments for Rent

 

The cheapest available apartment rental in the Waikiki area of Honolulu, HI is a 1 Bed unit found at Royal Kinau 62+ Senior Apartments priced from $1,100. Hale Mahana Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,195. Here are the most affordable Waikiki apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$1,100
Hale Mahana ApartmentsC53BR,2BA$1,195
Waikiki VistaStudioStudio,1BA$1,200
Kokua HaleStudioStudio,1BA$1,310
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$1,552
Waikiki Whale WatcherFully Furn Studio Month-to-Month1BR,1BA$1,850
WaikaheOne Bedroom1BR,1BA$1,952
The Residences at Bishop PlaceAlcove One Bedroom(B)1BR,1BA$2,300
Lilia WaikikiSUStudio,1BA$2,864

Best Value Apartments for Rent in Waikiki, HI

As of May 03, 2025 the best value apartment in the Waikiki area is the $3.55 price per square foot 1910 Ala Moana Blvd. Model at 1910 Ala Moana Blvd., Unit 18AF in the in the Waikiki neighborhood starting from $5,500. The second greatest value Waikiki apartment is the 300 Wai Nani Way Model at 300 Wai Nani Way, Unit Miryam starting at $3,400 with a $3.75 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1910 Ala Moana Blvd., Unit 18AF1910 Ala Moana Blvd.2BR,2BA$3.55
300 Wai Nani Way, Unit Miryam300 Wai Nani Way2BR,2BA$3.75
2214 Aloha Dr, Unit # 22214 Aloha Dr3BR,3BA$5.00
Royal Kinau 62+ Senior Apartments2 Bedroom2BR,1BA$2.11
1778 Ala Moana Blvd, Unit 33181778 Ala Moana Blvd1BR,1BA$4.83
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$2.74
1819 Lipeepee St, Unit 2021819 Lipeepee St1BR,1BA$4.78
WaikaheOne Bedroom1BR,1BA$4.65
Waikiki VistaStudioStudio ,1BA$2.86
Kokua HaleStudioStudio ,1BA$4.76

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Frequently Asked Questions about Waikiki

What type of rentals are currently available in Waikiki?

There are currently 540 Apartments for Rent in Waikiki, HI with pricing that ranges from $1,100 to $13,284. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waikiki ranging from $1,000 to $8,250.

What is the current price range for Rental Homes in Waikiki?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waikiki ranges from $1,000 to $8,250 with an average monthly rent of $2,748.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.