Cheap Apartments for Rent in Lanai City, HI from $900 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Lanai City.

Moana Vista Apartments

Waikahe
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.

Waimanalo Apartments

Kaulana Mahina

241 Kee Rd

Waikiki Whale Watcher

Bayview Apartments
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.

1011 Hoomau St
Lanai City, HI Local Guide

How much does it cost to rent an apartment in Lanai City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lanai City Studio Apartments | $2,216 | $1,200 | $3,437 |
| Lanai City 1 Bedroom Apartments | $3,355 | $900 | $10,000+ |
| Lanai City 2 Bedroom Apartments | $3,379 | $1,095 | $8,818 |
| Lanai City 3 Bedroom Apartments | $1,849 | $1,000 | $10,000+ |
| Lanai City 4 Bedroom Apartments | $1,534 | $1,325 | $2,646 |
Browse Top Apartments in Lanai City
See all Apartments in Lanai CityExplore Lanai City
Lanai City, HI Local Guide
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Cheapest Neighborhoods for Apartments in Lanai City, HI
Pricing Updated: 12/09/2025Current apartment rentals in the Lanai City, 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 Lanai City Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Kamoku Ahupua`a | $2,800 | $2,800 | 1 |
| Outer Lanai | $2,800 | $2,800 | 1 |
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. Waikiki Vista in the Kapahulu neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Lanai City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1506 Piikoi St | 1 Bedroom | 1BR,1BA | $900 |
| Waikiki Vista | Studio | Studio,1BA | $1,200 |
| Weinberg Hale | Studio | Studio,1BA | $1,250 |
| Hale Mahana Apartments | B1 | 2BR,1BA | $1,395 |
| Kewalo Apartments | Studio | Studio,1BA | $1,465 |
Best Value Apartments for Rent in Lanai City, HI and Nearby
As of December 09, 2025 the best value apartment in the Lanai City area is the $0.59 price per square foot 4-Bedroom Model at Kalo Terrace in the in the Kapahulu neighborhood starting from $799. The second greatest value Lanai City apartment is the 2 Bdrm - Plan6 Model at Napili Towers starting at $3,787 with a $3.40 price per square foot in the Diamond Head neighborhood. Here is today’s list of the best values for Lanai City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kalo Terrace | 4-Bedroom | 4BR,2BA | $0.59 |
| Napili Towers | 2 Bdrm - Plan6 | 2BR,2BA | $3.40 |
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $2.95 |
| Bayview Apartments | 1 Bedroom | 1BR,1BA | $3.50 |
| Sunset Terrace | Studio | Studio ,1BA | $4.39 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| Waikahe | One Bedroom | 1BR,1BA | $3.93 |
| Weinberg Hale | Studio | Studio ,1BA | $3.12 |
| Kewalo Apartments | Studio | Studio ,1BA | $4.58 |
| 1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
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 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lanai City, HI Rentals by Map
See the most popular apartments and homes in Lanai City, HI
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,395 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 Kaulana Mahina and starts from $3,403.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.




