Cheap Apartments for Rent in Volcano, HI from $900 (17 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Volcano, HI Local Guide

Cheapest Neighborhoods for Apartments in Volcano, HI

Pricing Updated: 06/07/2025

Current apartment rentals in the Volcano, 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 Volcano Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ocean View$1,500$9503

Cheapest Available Volcano Apartments for Rent and Nearby

 

The cheapest available apartment rental in Volcano, HI is a 2 Beds unit found at City View Apartments in the Puu Eo Ahupua`a neighborhood priced from $1,650. Hale Kaloko in the Lanihau 1 & 2 Ahupua`a neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here is today’s list of the most affordable Volcano apartments for rent:

Apartment ListingModel NameBed/BathPriced From
City View ApartmentsCV 2-BR2BR,1BA$1,650
Hale KalokoPremium UnitStudio,1BA$1,700
Lofts at Waikoloa2-Bedroom2BR,1BA$2,600
Lofts at Waikoloa West2 bedroom / 1 bath2BR,1BA$2,600
Lofts at Waikoloa East2-Bedroom2BR,1BA$2,600

Best Value Apartments for Rent in Volcano, HI and Nearby

As of June 07, 2025 the best value apartment in the Volcano area is the $2.40 price per square foot CV 3-BR Model at City View Apartments in the in the Puu Eo Ahupua`a neighborhood starting from $1,950. The second greatest value Volcano apartment is the 2-Bedroom Model at Lofts at Waikoloa East starting at $2,600 with a $3.76 price per square foot . Here is today’s list of the best values for Volcano apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
City View ApartmentsCV 3-BR3BR,1BA$2.40
Lofts at Waikoloa East2-Bedroom2BR,1BA$3.76
Lofts at Waikoloa West2 bedroom / 1 bath2BR,1BA$3.86
Lofts at Waikoloa2-Bedroom2BR,1BA$4.32
Hale KalokoHavenStudio ,1BA$4.86

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

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Getting Around Volcano, HI

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

Volcano, HI Area Reviews

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Carl4+ years in Volcano

February 25, 2025

Volcano known as puna well no one's from puna ha quote pele

Frequently Asked Questions about Cheap Volcano Apartments

What is the Cheapest Studio apartment in Volcano?

Currently the most affordable Cheap Studio Apartment in Volcano is at Hale Kaloko listed at $1,700.

What is the lowest price for a Cheap Two Bedroom Volcano Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Volcano is starting from $1,650 at City View Apartments.

What is the most affordable Volcano Three Bedroom Apartment?

The best deal on a cheap Volcano Three Bedroom Apartment rental is at City View Apartments and starts from $1,950.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.