99-580 Honohina St
AieaHI96701
Cheap Homes for Rent in Waimalu, HI from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Waimalu.
1322 Olino St
HonoluluHI96818
936 Lehua Ave
Pearl CityHI96782
1313 Hoowali St
Pearl CityHI96782
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.
lot 98-402-402 Koauka Loop
AieaHI96701
98-450-450 Koauka Loop, Unit 1503
98-450-450 Koauka Loop
AieaHI96701
98-402-402 Koauka Loop
AieaHI96701
98-450-450 Koauka Loop
AieaHI96701
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.
98-500-500 Koauka Loop
AieaHI96701
Showing Results 1-9, Page 1 of 1
Waimalu, HI Local Guide
The Koolau Mountains by Eric Tessmer is licensed under CC BY 2.0
How much does it cost to rent a home in Waimalu?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waimalu 2 Bedroom Homes for Rent | $2,440 | $1,895 | $3,500 |
| Waimalu 3 Bedroom Homes for Rent | $3,953 | $2,900 | $7,500 |
| Waimalu 4 Bedroom Homes for Rent | $5,760 | $5,500 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Waimalu
Explore Waimalu
Waimalu, HI Local Guide
- Waimalu Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 |
Best Value Apartments for Rent in Waimalu, HI and Nearby
As of May 31, 2026 the best value apartment in the Waimalu area is the $3.01 price per square foot Makai 3/1.5 1203sf Model at Kalaeloa in the in the Makakilo Kapolei Honokai Hale neighborhood starting from $3,622. The second greatest value Waimalu apartment is the Plumeria Model at Kapilina Beach Homes starting at $2,988 with a $2.74 price per square foot in the Ewa 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. |
|---|---|---|---|
| Kalaeloa | Makai 3/1.5 1203sf | 3BR,1.5BA | $3.01 |
| Kapilina Beach Homes | Plumeria | 2BR,1.5BA | $2.74 |
| Mala Grove | 3x2 | 3BR,2BA | $3.32 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $3.56 |
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $3.08 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.93 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Waikahe | One Bedroom | 1BR,1BA | $3.93 |
| 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 Article
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.
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.
Let everyone know!
Do you know the Waimalu area?
If you’re an expert on all things Waimalu, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Waimalu
What type of rentals are currently available in Waimalu?
There are currently 157 Apartments for Rent in Waimalu, HI with pricing that ranges from $900 to $7,283. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waimalu ranging from $800 to $7,500.
What is the current price range for Rental Homes in Waimalu?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waimalu ranges from $800 to $7,500 with an average monthly rent of $3,538.
How much are larger Three and Four Bedroom Rentals in Waimalu?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waimalu range from $1,000 to $7,283, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $7,500. Four Bedroom Single-Family rentals are also available starting from $5,500 and Four Bedroom Apartments start at $1,325.
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.
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.
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.