2421 Ala Wai Blvd, Unit 4A
2421 Ala Wai Blvd
HonoluluHI96815
Cheap Homes for Rent in Waikiki Neighborhood of Honolulu, HI from $1,300 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Waikiki area of Honolulu.
444 Pa?u St
HonoluluHI96815
249 Kapili St
HonoluluHI96815
235 Lili?uokalani Ave
HonoluluHI96815
444 Niu St
HonoluluHI96815
454 Kuamo'o St
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.
1819 Lipeepee St
HonoluluHI96815
1700 Ala Moana Blvd
HonoluluHI96815
1821 Lipeepee St
HonoluluHI96815
500 University Ave, Unit 1611
500 University Ave
HonoluluHI96826
440 Lewers St
HonoluluHI96815
2333 Kapiolani Blvd
HonoluluHI96826
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.
432 Nmhana St
HonoluluHI96815
2522 Date St
HonoluluHI96826
2464 Prince Edward St
HonoluluHI96815
300 Wai Nani Way
HonoluluHI96815
607 Isenberg St, Unit 6
607 Isenberg St
HonoluluHI96826
229 Paoakalani Ave, Unit 704
229 Paoakalani Ave
HonoluluHI96815
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
445 Seaside Ave, Unit 1107
445 Seaside Ave
HonoluluHI96815
445 Seaside Ave, Unit 1107
445 Seaside Ave
HonoluluHI96815
236 Lili?uokalani Ave
HonoluluHI96815
445 Seaside Ave
HonoluluHI96815
2240 Kuhio Ave.
HonoluluHI96815
417 Namahana St
HonoluluHI96815
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.
417 Namahana St
HonoluluHI96815
2442 Tusitala St, Unit 310
2442 Tusitala St
HonoluluHI96815
445 Kaiolu St
HonoluluHI96815
Showing Results 1-27, Page 1 of 1
Waikiki, Honolulu, HI Local Guide
How much does it cost to rent a home in Waikiki?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waikiki 2 Bedroom Homes for Rent | $3,886 | $1,950 | $7,500 |
| Waikiki 3 Bedroom Homes for Rent | $5,842 | $2,500 | $10,000+ |
| Waikiki 4 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 27 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. 2612 Kapiolani has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. 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 |
| 2612 Kapiolani | One Bedroom | 1BR,1BA | $1,395 |
| Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,417 |
| Moana Vista Apartments | Studio | Studio,1BA | $1,645 |
| Waikahe | One Bedroom | 1BR,1BA | $1,650 |
| Waikiki Whale Watcher | Fully Furn Studio Long term | Studio,1BA | $1,950 |
| Lilia Waikiki | SM | Studio,1BA | $2,995 |
Best Value Apartments for Rent in Waikiki, HI
As of July 08, 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 1778 Ala Moana Blvd Model at 1778 Ala Moana Blvd, Unit 3318 starting at $3,750 with a $5.18 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. |
|---|---|---|---|
| 2575 Kuhio Ave, Unit Apt 404 | 2575 Kuhio Ave | 2BR,2BA | $3.44 |
| 1778 Ala Moana Blvd, Unit 3318 | 1778 Ala Moana Blvd | 1BR,1BA | $5.18 |
| Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.41 |
| Lilia Waikiki | SM | Studio ,1BA | $6.95 |
| Waikahe | One Bedroom | 1BR,1BA | $3.93 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| 2612 Kapiolani | One Bedroom | 1BR,1BA | $3.36 |
| Moana Vista Apartments | Studio | Studio ,1BA | $4.33 |
| 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 Article
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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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 #3
Among cities in Hawaii for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Waikiki
What type of rentals are currently available in Waikiki?
There are currently 516 Apartments for Rent in Waikiki, HI with pricing that ranges from $1,200 to $21,174. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waikiki ranging from $1,388 to $15,000.
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 $1,388 to $15,000 with an average monthly rent of $5,994.
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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.