
Cheap Homes for Rent in Kailua Kona, HI from $500 (12 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

11-3267-3157 Alaula St

81-6467 Mamalahoa Hwy, Unit 3
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.

81-6467 Mamalahoa Hwy, Unit 4

87-2439 Mamalahoa Hwy

52-4710 Akoni Pule Hwy

74-5166-5166 Puuhalo St

75-5776-5776 Kuakini Hwy, Unit 203

73-4375 Old Government Mauka Rd
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.
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 | $3,224 | $1,800 | $8,500 |
| Kailua Kona 3 Bedroom Homes for Rent | $4,849 | $3,200 | $9,500 |
| Kailua Kona 4 Bedroom Homes for Rent | $4,966 | $4,200 | $6,200 |
Browse Top Homes for Rent in Kailua Kona
Explore Kailua Kona
Kailua Kona, HI Local Guide
- Kailua Kona Neighborhoods
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Cheapest Neighborhoods for Apartments in Kailua Kona, HI
Pricing Updated: 06/16/2026Current 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 | $2,600 | $1,000 | 9 |
| Puapuaa 2 Ahupua`a | $2,600 | $1,000 | 3 |
| Kealakehe Ahupua`a | $3,350 | $1,600 | 6 |
Cheapest Available Kailua Kona Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hale Kaloko | Traditional Unit | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Kailua Kona, HI
As of June 17, 2026 the best value apartment in the Kailua Kona area is the $3.35 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 $3,350. The second greatest value Kailua Kona apartment is the Haven Model at Hale Kaloko starting at $1,800 with a $4.86 price per square foot in the Lanihau 1 & 2 Ahupua`a neighborhood. 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 | $3.35 |
| Hale Kaloko | Haven | Studio ,1BA | $4.86 |
| 73-1087 Makamaka St, Unit One Bedroom Apartment | 73-1087 Makamaka St | 1BR,1BA | $5.63 |
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 ArticleReal 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.
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 61 Apartments for Rent in Kailua Kona, HI with pricing that ranges from $1,000 to $3,350. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kailua Kona ranging from $558 to $9,500.
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 $9,500 with an average monthly rent of $3,148.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.