
Cheap Homes for Rent in Waimalu, HI from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Waimalu.


1676 Hoonipo St

1425 Kawelu St

99-070 Kauhale St

98-945-945 Moanalua Rd
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.

99-060 Kauhale St

98-1038 Moanalua Rd

1549 Molina St, Unit Side 2

1549 Molina St

249 Long Island 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.

98-120-120 Lipoa Pl
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 | $2,500 | $1,800 | $3,800 |
| Waimalu 3 Bedroom Homes for Rent | $3,632 | $2,700 | $8,000 |
| Waimalu 4 Bedroom Homes for Rent | $3,879 | $3,000 | $4,995 |
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. Weinberg Hale in the Kapahulu neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. 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 |
| Weinberg Hale | Studio | Studio,1BA | $1,250 |
| Aloha la Halewiliko Senior Apartments (62+) | Studio - 50% AMI | Studio,1BA | $1,261 |
| Kokua Hale | Studio | Studio,1BA | $1,310 |
| Kewalo Apartments | Studio | Studio,1BA | $1,465 |
Best Value Apartments for Rent in Waimalu, HI and Nearby
As of December 30, 2025 the best value apartment in the Waimalu area is the $3.19 price per square foot Ilima Model at Kapilina Beach Homes in the in the Ewa neighborhood starting from $3,892. The second greatest value Waimalu apartment is the Kaimana 2/1.5 1126sf Townhome Model at Kalaeloa starting at $3,122 with a $2.77 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 | Ilima | 3BR,2BA | $3.19 |
| Kalaeloa | Kaimana 2/1.5 1126sf Townhome | 2BR,1.5BA | $2.77 |
| Napili Towers | 2 Bdrm - Plan6 | 2BR,2BA | $3.40 |
| Waena Apartments | Alani | 4BR,2BA | $3.03 |
| Olino at Puuloa Apartments | Two Bedroom, One Bath | 2BR,1BA | $3.33 |
| Halewai'olu Residences 55+ | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Bayview Apartments | 1 Bedroom | 1BR,1BA | $3.50 |
| Aloha la Halewiliko Senior Apartments (62+) | Studio - 60% AMI | Studio ,1BA | $3.68 |
| 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Waimalu
What type of rentals are currently available in Waimalu?
There are currently 165 Apartments for Rent in Waimalu, HI with pricing that ranges from $674 to $13,870. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waimalu ranging from $850 to $8,000.
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 $850 to $8,000 with an average monthly rent of $2,735.
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 $13,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $8,000. Four Bedroom Single-Family rentals are also available starting from $3,000 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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.