
Cheap Homes for Rent in Kailua Kona, HI from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Kailua Kona.


92-8927-9103 Catamaran Ln

92-2418 Lei Pkwy

92-9111-9111 Catamaran Ln

11-2871-2917 Kamakahala St
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.

75-5863 Kuakini Hwy

81-6467 Mamalahoa Hwy, Unit 3

81-6467 Mamalahoa Hwy, Unit 4

87-2439 Mamalahoa Hwy

76-6278-6278 Koko Olua Pl, Unit 2
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.

79-7340-7403 Hawai?i Belt Rd

75-5742 Alahou St, Unit 3, Unit 3

77-6573-6573 Sea View Cir, Unit A

74-854-854 Laimana St

75-5776-5776 Kuakini Hwy, Unit 203
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.
Kailua Kona, HI Local Guide

How much does it cost to rent a home in Kailua Kona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kailua Kona 2 Bedroom Homes for Rent | $2,978 | $1,000 | $4,950 |
| Kailua Kona 3 Bedroom Homes for Rent | $4,161 | $2,550 | $9,500 |
| Kailua Kona 4 Bedroom Homes for Rent | $8,740 | $4,500 | $10,000+ |
| Kailua Kona 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Top Homes for Rent in Kailua Kona
Explore Kailua Kona
Kailua Kona, HI Local Guide
- Kailua Kona Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Kailua Kona, HI
Pricing Updated: 04/28/2026Current apartment rentals in the Kailua Kona, HI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Kailua Kona Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Holualoa | $8,500 | $1,200 | 11 |
| Kealakehe Ahupua`a | $8,500 | $2,095 | 4 |
| Puapuaa 2 Ahupua`a | $8,500 | $1,500 | 8 |
Best Value Apartments for Rent in Kailua Kona, HI
As of April 28, 2026 the best value apartment in the Kailua Kona area is the $3.40 price per square foot 73-1207 Kuakapu St Model at 73-1207 Kuakapu St, Unit Ohana in the in the Kealakehe Ahupua`a neighborhood starting from $3,400. The second greatest value Kailua Kona apartment is the 73-1087 Makamaka St Model at 73-1087 Makamaka St, Unit One Bedroom Apartment starting at $1,800 with a $5.63 price per square foot . Here is today’s list of the best values for Kailua Kona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 73-1207 Kuakapu St, Unit Ohana | 73-1207 Kuakapu St | 2BR,2BA | $3.40 |
| 73-1087 Makamaka St, Unit One Bedroom Apartment | 73-1087 Makamaka St | 1BR,1BA | $5.63 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Kailua Kona, HI
Kealakehe Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Kailua Kona, HI Rentals by Map
See the most popular apartments and homes in Kailua Kona, HI
Frequently Asked Questions about Kailua Kona
What type of rentals are currently available in Kailua Kona?
There are currently 62 Apartments for Rent in Kailua Kona, HI with pricing that ranges from $1,500 to $4,500. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kailua Kona ranging from $558 to $13,500.
What is the current price range for Rental Homes in Kailua Kona?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kailua Kona ranges from $558 to $13,500 with an average monthly rent of $3,622.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.