
Cheap Apartments for Rent in Waimalu, HI from $600 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Waimalu.


1506 Piikoi St

620 Dillingham Blvd Apartments

Cloudbreak Hawaii

Weinberg Hale

Kokua Hale

Kewalo Apartments

Halewai'olu Senior Residences

Waikiki Walina 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.

Moana Vista Apartments

1060 Bishop

Waikahe

Waimanalo Apartments

Juliana Towers Apartments

Waikiki Whale Watcher

Moanalua Hillside Apartments

99-010 Kauhale St

Olino at Pu’uloa Apartments
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.

Bayview Apartments

Waena Apartments

98-410 Koauka Loop, Unit 27J, Unit 27J

Naulu

Honuakaha Senior Rentals 62+

Aloha la Halewiliko Senior Apartments (62+)

2135 Eluwene St

Pearl Regency

98-135 Lipoa Pl
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.

1322 Olino St

936 Lehua Ave

1313 Hoowali St

99-036 Moanalua Rd

98-142 Lipoa Pl

lot 98-402-402 Koauka Loop

98-1271-1271 Hoohiki Pl

98-500-500 Koauka Loop

98-288-288 Kaonohi St
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.

98-1269 Hoohiki Pl
Waimalu, HI Local Guide

How much does it cost to rent an apartment in Waimalu?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waimalu Studio Apartments | $1,801 | $980 | $2,650 |
| Waimalu 1 Bedroom Apartments | $2,432 | $900 | $3,322 |
| Waimalu 2 Bedroom Apartments | $3,062 | $1,095 | $3,990 |
| Waimalu 3 Bedroom Apartments | $2,472 | $1,000 | $7,373 |
| Waimalu 4 Bedroom Apartments | $2,886 | $1,325 | $6,420 |
Browse Top Apartments in Waimalu
See all Apartments in WaimaluExplore Waimalu
Waimalu, HI Local Guide
- Waimalu Neighborhoods
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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. Cloudbreak Hawaii in the Makakilo Kapolei Honokai Hale neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Waimalu apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1506 Piikoi St | 1 Bedroom | 1BR,1BA | $900 |
| Cloudbreak Hawaii | Building 37 | Studio, | $1,000 |
| Weinberg Hale | Studio | Studio,1BA | $1,250 |
| Kokua Hale | Studio | Studio,1BA | $1,310 |
| Kewalo Apartments | Studio | Studio,1BA | $1,465 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $1,545 |
| 1060 Bishop | Studio 1 Bathroom | Studio,1BA | $1,650 |
| Waikiki Whale Watcher | Fully Furn Studio Long term | Studio,1BA | $1,950 |
| Moanalua Hillside Apartments | Oahu | Studio,1BA | $1,995 |
| Olino at Pu’uloa Apartments | Two Bedroom, One Bath | 2BR,1BA | $2,045 |
Best Value Apartments for Rent in Waimalu, HI and Nearby
As of May 22, 2026 the best value apartment in the Waimalu area is the $3.17 price per square foot Orchid Model at Kapilina Beach Homes in the in the Ewa neighborhood starting from $3,904. The second greatest value Waimalu apartment is the Kaimana 2/1.5 1126sf Townhome Model at Kalaeloa starting at $3,388 with a $3.01 price per square foot in the Makakilo Kapolei Honokai Hale neighborhood. Here is today’s list of the best values for Waimalu apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kapilina Beach Homes | Orchid | 4BR,2BA | $3.17 |
| Kalaeloa | Kaimana 2/1.5 1126sf Townhome | 2BR,1.5BA | $3.01 |
| The Villas at Royal Kunia | Model F | 2BR,1.5BA | $3.01 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $3.56 |
| Olino at Pu’uloa Apartments | Two Bedroom, One Bath | 2BR,1BA | $3.41 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.78 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Hale Mahana Apartments | B2 | 2BR,1BA | $4.16 |
| Weinberg Hale | Studio | Studio ,1BA | $3.12 |
| 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 Waimalu, HI Rentals by Map
See the most popular apartments and homes in Waimalu, HI
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 Cloudbreak Hawaii listed at $1,000.
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 $1,999 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 Waena Apartments and starts from $2,750.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.