Cheap Apartments for Rent in Lanai City, HI from $900 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lanai City.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lanai City, HI Local Guide

Cheapest Available Lanai City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lanai City, HI is a 1 Bed unit found at 1506 Piikoi St in the Honolulu Ahupua`a neighborhood priced from $900. Hale Mahana Apartments in the Kapahulu neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,195. Here is today’s list of the most affordable Lanai City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
Hale Mahana ApartmentsC33BR,2BA$1,195
Waikiki VistaStudioStudio,1BA$1,200
Weinberg HaleStudioStudio,1BA$1,250
Kewalo ApartmentsStudioStudio,1BA$1,457

Best Value Apartments for Rent in Lanai City, HI and Nearby

As of June 19, 2025 the best value apartment in the Lanai City area is the $4.37 price per square foot 2x2 1030 Model at Wailele Ridge of Maui in the starting from $4,500. The second greatest value Lanai City apartment is the 2 Bedroom 1.5 Bathroom Model at Punahou Heights starting at $2,549 with a $3.28 price per square foot in the Lower Punchbowl neighborhood. Here is today’s list of the best values for Lanai City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wailele Ridge of Maui2x2 10302BR,2BA$4.37
Punahou Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$3.28
Kaulana MahinaNenue2BR,1BA$4.14
Bayview Apartments2 Bedroom2BR,1BA$2.85
1245 Palolo AveTwo Bedrooms2BR,1BA$3.43
Napili Towers2 Bdrm - Plan32BR,1BA$4.00
WaikaheOne Bedroom1BR,1BA$4.51
Waikiki VistaStudioStudio ,1BA$2.86
Weinberg HaleStudioStudio ,1BA$3.12
1506 Piikoi St1 Bedroom1BR,1BA$3.00

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lanai City, HI Rentals by Map

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Getting Around Lanai City, HI

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lanai City Apartments

What is the Cheapest Studio apartment in Lanai City?

Currently the most affordable Cheap Studio Apartment in Lanai City is at Waikiki Vista listed at $1,200.

How much is rent for a Cheap One Bedroom Lanai City Apartment?

The lowest price for a Cheap One Bedroom Lanai City Apartment is $900 at 1506 Piikoi St.

What is the lowest price for a Cheap Two Bedroom Lanai City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lanai City is starting from $1,595 at Hale Mahana Apartments.

What is the most affordable Lanai City Three Bedroom Apartment?

The best deal on a cheap Lanai City Three Bedroom Apartment rental is at Hale Mahana Apartments and starts from $1,195.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.