Cheap Apartments for Rent in Lanai City, HI from $900 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 785 Olena St

785 Olena St

WailukuHI96793

Lanai City, HI Local Guide

Cheapest Neighborhoods for Apartments in Lanai City, HI

Pricing Updated: 09/20/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Kamoku Ahupua`a$2,430$2,4301
Outer Lanai$2,430$2,4301

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 ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
Waikiki VistaStudioStudio,1BA$1,200
Weinberg HaleStudioStudio,1BA$1,250

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

As of September 21, 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 - Plan4 Model at Napili Towers starting at $2,995 with a $3.81 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Kalo Terrace4-Bedroom4BR,2BA$0.59
Napili Towers2 Bdrm - Plan42BR,1BA$3.81
Bayview Apartments2 Bedroom2BR,1BA$2.85
Hale Mahana ApartmentsB12BR,1BA$3.78
Sunset TerraceStudioStudio ,1BA$4.16
WaikaheOne Bedroom1BR,1BA$4.51
Waikiki VistaStudioStudio ,1BA$2.86
Weinberg HaleStudioStudio ,1BA$3.12
Moana Vista ApartmentsStudioStudio ,1BA$3.16
1506 Piikoi St1 Bedroom1BR,1BA$3.00

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Lanai City, HI Rentals by Map

View Map
Lanai City, HI Apartments Map
View Map
Lanai City, HI Rental Homes Map

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 Moana Vista Apartments 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 $1,750 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 $3,378.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.