
Cheap Homes for Rent in Waimanalo, HI from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Waimanalo.


437 Keolu Dr

41-1606-1606 KOA Moali Pl
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.

42-099-99 Old Kalanianaole Rd

1153 Kina St, Unit kinalanai

42-135-135 Old Kalanianaole Rd
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.

350 Aoloa St
Waimanalo, HI Local Guide

How much does it cost to rent a home in Waimanalo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waimanalo 2 Bedroom Homes for Rent | $4,787 | $2,800 | $8,900 |
| Waimanalo 3 Bedroom Homes for Rent | $4,456 | $3,100 | $6,700 |
| Waimanalo 4 Bedroom Homes for Rent | $11,678 | $4,600 | $10,000+ |
| Waimanalo 5 Bedroom Homes for Rent | $11,400 | $5,800 | $10,000+ |
| Waimanalo 6 Bedroom Homes for Rent | $18,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Waimanalo
Explore Waimanalo
Waimanalo, HI Local Guide
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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. Waikiki Vista in the Kapahulu neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Waimanalo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1506 Piikoi St | 1 Bedroom | 1BR,1BA | $900 |
| Waikiki Vista | Studio | Studio,1BA | $1,200 |
| Royal Kinau 62+ Senior Apartments | 1 Bedroom | 1BR,1BA | $1,201 |
Best Value Apartments for Rent in Waimanalo, HI
As of December 15, 2025 the best value apartment in the Waimanalo area is the $0.59 price per square foot 4-Bedroom Model at Kalo Terrace in the in the Kapahulu neighborhood starting from $799. The second greatest value Waimanalo apartment is the Pikake Model at Kapilina Beach Homes starting at $4,000 with a $2.99 price per square foot in the Ewa neighborhood. Here is today’s list of the best values for Waimanalo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kalo Terrace | 4-Bedroom | 4BR,2BA | $0.59 |
| Kapilina Beach Homes | Pikake | 4BR,2BA | $2.99 |
| Kalaeloa | Kaimana 2/1.5 1126sf Townhome | 2BR,1.5BA | $2.86 |
| The Villas at Royal Kunia | Model D | 2BR,1.5BA | $3.09 |
| Waena Apartments | Plumeria | 3BR,1BA | $3.03 |
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $2.95 |
| Royal Kinau 62+ Senior Apartments | 2 Bedroom | 2BR,1BA | $2.31 |
| Halewai'olu Residences 55+ | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| 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 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 Waimanalo, HI Rentals by Map
See the most popular apartments and homes in Waimanalo, HI
Frequently Asked Questions about Waimanalo
What type of rentals are currently available in Waimanalo?
There are currently 73 Apartments for Rent in Waimanalo, HI with pricing that ranges from $674 to $13,870. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waimanalo ranging from $1,400 to $20,000.
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 $1,400 to $20,000 with an average monthly rent of $7,822.
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 $1,000 to $13,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $6,700. Four Bedroom Single-Family rentals are also available starting from $4,600 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!