Cheap Homes for Rent in Waimanalo, HI from $1,200 (9 Rentals)

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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.

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.

property at 355 Aoloa St

$3,000

2 Bedroom Rentals

Available Now

355 Aoloa St

KailuaHI96734

Waimanalo, HI Local Guide

Cheapest Available Waimanalo Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
620 Dillingham Blvd ApartmentsStudioStudio,1BA$980
Waikiki VistaStudioStudio,1BA$1,200

Best Value Apartments for Rent in Waimanalo, HI

As of July 12, 2026 the best value apartment in the Waimanalo area is the $3.54 price per square foot Pua Kala Model at Kapilina Beach Homes in the in the Ewa neighborhood starting from $7,441. The second greatest value Waimanalo apartment is the Kaimana 3/2.5 1402sf Townhome Model at Kalaeloa starting at $4,312 with a $3.08 price per square foot in the Makakilo Kapolei Honokai Hale neighborhood. Here is today’s list of the best values for Waimanalo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kapilina Beach HomesPua Kala3BR,3BA$3.54
KalaeloaKaimana 3/2.5 1402sf Townhome3BR,2.5BA$3.08
Kalo Terrace4-Bedroom4BR,2BA$0.59
Napili Towers2 Bdrm - Plan42BR,1BA$3.56
Punahou Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$3.28
Dynasty Terrace2 Bedroom 1 Bathroom2BR,1BA$3.00
Halewai'olu Senior Residences1 Bed, 1 bath1BR,1BA$2.76
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$2.22
Waikiki VistaStudioStudio ,1BA$2.86
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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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.

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

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Frequently Asked Questions about Waimanalo

What type of rentals are currently available in Waimanalo?

There are currently 74 Apartments for Rent in Waimanalo, HI with pricing that ranges from $900 to $9,842. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waimanalo ranging from $1,200 to $12,000.

What is the current price range for Rental Homes in Waimanalo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waimanalo ranges from $1,200 to $12,000 with an average monthly rent of $5,222.

How much are larger Three and Four Bedroom Rentals in Waimanalo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waimanalo range from $1,145 to $9,842, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,400 to $9,600. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,545.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.