
Cheap Apartments for Rent near Lanai City, HI from $900 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Lanai City.


Waikiki Vista

2612 Kapiolani

Kewalo Apartments

Moana Vista Apartments

Waikahe

Waikiki Walina Apartments

Waimanalo Apartments
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.

Waikiki Whale Watcher

190 Eleu Pl

471 Liholiho St

Total Monthly Price
Kaulana Mahina

Sunset Terrace

Bayview Apartments

233 S Kihei Rd

209 Auhana 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.

33 Poni Pl

Punahou Heights

Napili Towers

Weinberg Hale

493 Pio Dr

475 Front St

3740 Lower Honoapiilani Rd

1655 Liholiho
Cash 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.

129 Wahikuli Rd

2108 Kaohu St

1245 Palolo Ave

3559 Lower Honoapiilani Rd

5204 Lower Honoapiilani Rd

2019 Citron St

3676 Lower Honoapiilani Rd, Unit A303

908 Kana Pl
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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 | $2,020 | $1,200 | $2,525 |
| Lanai City 1 Bedroom Apartments | $2,506 | $900 | $7,866 |
| Lanai City 2 Bedroom Apartments | $3,170 | $1,245 | $10,000+ |
| Lanai City 3 Bedroom Apartments | $1,928 | $1,145 | $4,500 |
| Lanai City 4 Bedroom Apartments | $2,186 | $1,545 | $6,420 |
Browse Top Apartments in Lanai City
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Lanai City, HI Local Guide
- Lanai City Neighborhoods
- Nearby Cities
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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 |
| 2612 Kapiolani | One Bedroom | 1BR,1BA | $1,395 |
| Kewalo Apartments | Studio | Studio,1BA | $1,465 |
| Waikahe | One Bedroom | 1BR,1BA | $1,650 |
| Moana Vista Apartments | One Bedroom | 1BR,1BA | $1,860 |
| Waikiki Whale Watcher | Fully Furn Studio Long term | Studio,1BA | $1,950 |
| Sunset Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $2,155 |
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1BA | $2,549 |
| Kaulana Mahina | O'io - Affordable 120 | 1BR,1BA | $2,684 |
Best Value Apartments for Rent in Lanai City, HI and Nearby
As of July 10, 2026 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 $2,795 with a $3.56 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 - Plan4 | 2BR,1BA | $3.56 |
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $3.28 |
| Sunset Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $3.49 |
| Moana Vista Apartments | One Bedroom | 1BR,1BA | $4.04 |
| Waikahe | One Bedroom | 1BR,1BA | $3.93 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| 2612 Kapiolani | One Bedroom | 1BR,1BA | $3.36 |
| 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 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.
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
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 $2,364 at Waikahe.
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 $3,562.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.