Cheap Apartments for Rent near Waimalu, HI from $900 (41 Rentals)

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

property at 4234 Keaka Dr

$1,325

1 Bedroom, 1 Bath Home for Rent

Available Now

4234 Keaka Dr

HonoluluHI96818

Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu

Find your perfect spot in paradise! Explore Honolulu's most vibrant and budget-friendly neighborhoods for renting, from Waikīkī to family-friendly McCully

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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.

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Naulu
Studio to 4 Bedroom Apartments

Naulu

99-009 Kalaloa StAiea, HI 96701

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.

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2135 Eluwene St
Studio to 2 Bedroom Apartments

2135 Eluwene St

2135 Eluwene StHonolulu, HI 96819
  • Utilities Included
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98-135 Lipoa Pl
2 Bedroom Apartments

98-135 Lipoa Pl

98-135 Lipoa PlAiea, HI 96701
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Bayview Apartments
1 to 2 Bedroom Apartments

Bayview Apartments

44-707 Puamohala StKaneohe, HI 96744
Corporate Housing
  • Utilities Included

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.

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Showing Results 1-41, Page 1 of 1

Waimalu, HI Local Guide

Cheapest Available Waimalu Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waimalu, 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 Waimalu apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
620 Dillingham Blvd ApartmentsStudioStudio,1BA$980
Cloudbreak HawaiiBuilding 37Studio,$1,000
Weinberg HaleStudioStudio,1BA$1,250
Kokua HaleStudioStudio,1BA$1,310
Kewalo ApartmentsStudioStudio,1BA$1,465
Halewai'olu Senior Residences1 Bed, 1 bath1BR,1BA$1,577
1060 BishopStudio 1 BathroomStudio,1BA$1,800
Waikiki Whale WatcherFully Furn Studio Long termStudio,1BA$1,950
Moanalua Hillside ApartmentsThe Eddie1BR,1BA$2,145

Best Value Apartments for Rent in Waimalu, HI and Nearby

As of August 22, 2026 the best value apartment in the Waimalu 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 Waimalu apartment is the Studio Model at Weinberg Hale starting at $1,250 with a $1.00 price per square foot in the Kapahulu neighborhood. Here is today’s list of the best values for Waimalu apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
KalaeloaKaimana 3/2.5 1402sf Townhome3BR,2.5BA$3.08
Weinberg HaleStudioStudio ,1BA$1.00
The Villas at Royal KuniaModel I3BR,1.5BA$3.46
Napili Towers2 Bdrm - Plan42BR,1BA$3.17
Punahou Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$3.28
Moanalua Hillside ApartmentsThe Eddie1BR,1BA$3.43
Waena ApartmentsKiele - Ilima - Maile1BR,1BA$3.84
Halewai'olu Senior Residences1 Bed, 1 bath1BR,1BA$2.82
Hale Mahana ApartmentsA21BR,1BA$4.20
1506 Piikoi St1 Bedroom1BR,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.

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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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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.

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

Explore Waimalu, HI Rentals by Map

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Frequently Asked Questions about Cheap Waimalu Apartments

What is the Cheapest Studio apartment in Waimalu?

Currently the most affordable Cheap Studio Apartment in Waimalu is at 620 Dillingham Blvd Apartments listed at $980.

How much is rent for a Cheap One Bedroom Waimalu Apartment?

The lowest price for a Cheap One Bedroom Waimalu Apartment is $900 at 1506 Piikoi St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waimalu is starting from $1,872 at Halewai'olu Senior Residences.

What is the most affordable Waimalu Three Bedroom Apartment?

The best deal on a cheap Waimalu Three Bedroom Apartment rental is at Kapilina Beach Homes and starts from $2,819.

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 Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu article

Your Guide to the Aloha Life: The Top Value Neighborhoods for Renting in Honolulu

Written by: Allison Wallis

I’m Allison, your ApartmentHomeLiving.com local expert for Honolulu, Hawaiʻi. I’ve lived on Oʻahu for nearly 20 years, and my husband and I are raising a daughter here. While it’s expensive, we wouldn’t want to be anywhere else.

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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

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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.