216 Olive Ave
WahiawaHI96786
Cheap Homes for Rent near Punaluu, HI from $1,350 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Punaluu.
47-719-719 Kamehameha Hwy
KaneoheHI96744
95-1021-1021 Kaapeha St
MililaniHI96789
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
30 Koele Way
WahiawaHI96786
95-2031-2031 Waikalani Pl
MililaniHI96789
95-782-782 Wikao St
MililaniHI96789
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
95-648-648 Hamumu St
MililaniHI96789
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Punaluu, HI Local Guide
Sunset over the ocean by Rob Bertholf is licensed under CC BY 2.0
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Cheapest Available Punaluu Apartments for Rent and Nearby
The cheapest available apartment rental in Punaluu, HI is a 1 Bed unit found at 1506 Piikoi St in the Honolulu Ahupua`a neighborhood priced from $900. 620 Dillingham Blvd Apartments in the Kalihi Ahupua`a neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $980. Here is today’s list of the most affordable Punaluu apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1506 Piikoi St | 1 Bedroom | 1BR,1BA | $900 |
| 620 Dillingham Blvd Apartments | Studio | Studio,1BA | $980 |
| Waikiki Vista | Studio | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Punaluu, HI and Nearby
As of August 22, 2026 the best value apartment in the Punaluu area is the $3.08 price per square foot Kaimana 3/2.5 1402sf Townhome Model at Kalaeloa in the in the Makakilo Kapolei Honokai Hale neighborhood starting from $4,312. The second greatest value Punaluu apartment is the 4-Bedroom Model at Kalo Terrace starting at $799 with a $0.59 price per square foot in the Kapahulu neighborhood. Here is today’s list of the best values for Punaluu apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kalaeloa | Kaimana 3/2.5 1402sf Townhome | 3BR,2.5BA | $3.08 |
| Kalo Terrace | 4-Bedroom | 4BR,2BA | $0.59 |
| Weinberg Hale | Studio | Studio ,1BA | $1.00 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $3.17 |
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $3.28 |
| 2612 Kapiolani | 2 Bedroom 1 Bathroom | 2BR,1BA | $3.38 |
| Moanalua Hillside Apartments | The Eddie | 1BR,1BA | $3.43 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $2.82 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| 1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
Frequently Asked Questions about Punaluu
What is the current price range for Rental Homes in Punaluu?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Punaluu ranges from $1,350 to $25,000 with an average monthly rent of $4,169.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.