Cheap Homes for Rent in Papaaloa, HI from $500 (12 Rentals)

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property at 270 Ululani St

$1,200 - $1,500

1 Bedroom Rentals

Available Now

270 Ululani St

HiloHI96720

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.

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.

Papaaloa, HI Local Guide

Cheapest Available Papaaloa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Papaaloa, HI is a Studio unit found at Hale Kaloko in the Lanihau 1 & 2 Ahupua`a neighborhood priced from $1,600. Lofts at Waikoloa has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,500. Here is today’s list of the most affordable Papaaloa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hale KalokoTraditional UnitStudio,1BA$1,600
Lofts at Waikoloa2-Bedroom2BR,1BA$2,500
Lofts at Waikoloa East2-Bedroom2BR,1BA$2,500

Best Value Apartments for Rent in Papaaloa, HI and Nearby

As of June 10, 2026 the best value apartment in the Papaaloa 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 Papaaloa apartment is the 73-4583 Kukuki St Model at 73-4583 Kukuki St, Unit 2 Bd 1 Br starting at $2,500 with a $3.57 price per square foot in the Kealakehe Ahupua`a neighborhood. Here is today’s list of the best values for Papaaloa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
73-1207 Kuakapu St, Unit Ohana73-1207 Kuakapu St2BR,2BA$3.35
73-4583 Kukuki St, Unit 2 Bd 1 Br73-4583 Kukuki St2BR,1BA$3.57
Lofts at Waikoloa East2-Bedroom2BR,1BA$3.61
Lofts at Waikoloa2-Bedroom2BR,1BA$4.15
Hale KalokoHavenStudio ,1BA$4.86
73-1087 Makamaka St, Unit One Bedroom Apartment73-1087 Makamaka St1BR,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.

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Real 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.

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

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Frequently Asked Questions about Papaaloa

What type of rentals are currently available in Papaaloa?

There are currently 18 Apartments for Rent in Papaaloa, HI with pricing that ranges from $1,500 to $4,800. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Papaaloa ranging from $586 to $3,800.

What is the current price range for Rental Homes in Papaaloa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Papaaloa ranges from $586 to $3,800 with an average monthly rent of $2,273.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.