
Cheap Homes for Rent in Waipio, HI from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Waipio.


94-961-961 Kahuamoku Pl

723 Hoomalimali St

936 Lehua Ave

1313 Hoowali St

1278 Nanakai St
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.

94-238-238 Aniani Pl, Unit 1

94-979-979 Kau'Olu Pl

94-1086-1086 Lumihoahu St

96-226-226 Waiawa Rd

95-021 Kuahelani Ave

96-159-159 Waiawa 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.

96-239-159 Waiawa Rd
Waipio, HI Local Guide

How much does it cost to rent a home in Waipio?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waipio 2 Bedroom Homes for Rent | $2,407 | $1,900 | $3,200 |
| Waipio 3 Bedroom Homes for Rent | $4,043 | $2,900 | $7,500 |
| Waipio 4 Bedroom Homes for Rent | $4,500 | $3,800 | $5,200 |
| Waipio 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Top Homes for Rent in Waipio
Explore Waipio
Waipio, HI Local Guide
- Waipio Neighborhoods
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Cheapest Available Waipio Apartments for Rent and Nearby
 The cheapest available apartment rental in Waipio, 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 Waipio 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 |
| Kokua Hale | Studio | Studio,1BA | $1,310 |
| Kewalo Apartments | Studio | Studio,1BA | $1,465 |
Best Value Apartments for Rent in Waipio, HI and Nearby
As of April 11, 2026 the best value apartment in the Waipio area is the $2.88 price per square foot Orchid Model at Kapilina Beach Homes in the in the Ewa neighborhood starting from $3,543. The second greatest value Waipio apartment is the Kaimana 2/1.5 1126sf Townhome Model at Kalaeloa starting at $3,388 with a $3.01 price per square foot in the Makakilo Kapolei Honokai Hale neighborhood. Here is today’s list of the best values for Waipio apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kapilina Beach Homes | Orchid | 4BR,2BA | $2.88 |
| Kalaeloa | Kaimana 2/1.5 1126sf Townhome | 2BR,1.5BA | $3.01 |
| Waikahe | Two bedroom | 2BR,1BA | $2.73 |
| Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $3.28 |
| Dynasty Terrace | 2 Bedroom 1 Bathroom | 2BR,1BA | $3.08 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.95 |
| Halewai'olu Residences 55+ | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Waikiki Walina Apartments | Studio - Plan C - Renovated | Studio ,1BA | $3.60 |
| Weinberg Hale | Studio | Studio ,1BA | $3.12 |
| 1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 Waipio, HI Rentals by Map
See the most popular apartments and homes in Waipio, HI
Frequently Asked Questions about Waipio
What type of rentals are currently available in Waipio?
There are currently 212 Apartments for Rent in Waipio, HI with pricing that ranges from $900 to $6,420. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waipio ranging from $1,000 to $8,000.
What is the current price range for Rental Homes in Waipio?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waipio ranges from $1,000 to $8,000 with an average monthly rent of $3,895.
How much are larger Three and Four Bedroom Rentals in Waipio?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waipio range from $1,000 to $4,447, 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 $3,800 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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.