
Cheap Homes for Rent in Waimalu, HI from $1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Waimalu.


98-288-288 Kaonohi St

98-199-277 Kamehameha Hwy

98-099-99 Uao Pl
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.

98-500-500 Koauka Loop

1365 Kuahaka St

98-99-99 Uao Pl

99-868-868 Halawa Dr
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.
Waimalu, HI Local Guide

How much does it cost to rent a home in Waimalu?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waimalu 2 Bedroom Homes for Rent | $2,540 | $2,000 | $2,900 |
Waimalu 3 Bedroom Homes for Rent | $3,501 | $2,700 | $6,000 |
Waimalu 4 Bedroom Homes for Rent | $4,823 | $4,000 | $7,000 |
Browse Top Homes for Rent in Waimalu
Explore Waimalu
Waimalu, HI Local Guide
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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. Hale Mahana Apartments in the Honolulu Ahupua`a neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,195. 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 |
Hale Mahana Apartments | C4 | 3BR,2BA | $1,195 |
Weinberg Hale | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Waimalu, HI and Nearby
As of June 04, 2025 the best value apartment in the Waimalu area is the $2.93 price per square foot Pikake Model at Kapilina Beach Homes in the in the Ewa neighborhood starting from $3,924. The second greatest value Waimalu apartment is the Kaimana 2/1.5 1126sf Townhome Model at Kalaeloa starting at $3,197 with a $2.84 price per square foot in the Honouliuli Ahupua`a 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 | Pikake | 4BR,2BA | $2.93 |
Kalaeloa | Kaimana 2/1.5 1126sf Townhome | 2BR,1.5BA | $2.84 |
Napili Towers | 2 Bdrm - Plan6 | 2BR,2BA | $3.28 |
Kapolei Lofts | Lilikoi (Affordable 140) | 2BR,1BA | $3.40 |
Waena Apartments | Maile | 1BR,1BA | $3.78 |
Bayview Apartments | 1 Bedroom | 1BR,1BA | $3.32 |
Weinberg Hale | Studio | Studio ,1BA | $3.12 |
Moana Vista Apartments | Studio | Studio ,1BA | $4.20 |
Waikiki Walina Apartments | Studio - Plan B - Renovated | Studio ,1BA | $4.43 |
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
Quick 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.
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 $637 to $17,833. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waimalu ranging from $1,600 to $7,000.
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 $1,600 to $7,000 with an average monthly rent of $2,957.
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 $1,195 to $17,833, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $6,000. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $1,433.
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.

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.

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.

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.

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.