
Cheap Homes for Rent in Waipio, HI from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Waipio.


94-245 Leowahine St

936 Lehua Ave

1313 Hoowali St

94-238-238 Aniani Pl, Unit 3

94-238-238 Aniani Pl, Unit 2
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.

94-965-965 Awanei St, Unit B

2338 Amoomoo St

94-238-238 Aniani Pl, Unit 7

94-1068-1068 Kaukahi Pl

98-410-410 Koauka Loop

94-870-870 Lumiauau St
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.
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 | $2,551 | $1,900 | $3,300 |
| Waipio 3 Bedroom Homes for Rent | $3,731 | $1,750 | $6,900 |
| Waipio 4 Bedroom Homes for Rent | $4,162 | $3,800 | $4,500 |
| Waipio 5 Bedroom Homes for Rent | $4,675 | $4,500 | $4,850 |
Browse Top Homes for Rent in Waipio
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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 June 09, 2026 the best value apartment in the Waipio area is the $3.08 price per square foot Kaimana 3/2.5 1402sf Townhome Model at Kalaeloa in the in the Makakilo Kapolei Honokai Hale neighborhood starting from $4,312. The second greatest value Waipio apartment is the Orchid Model at Kapilina Beach Homes starting at $3,797 with a $3.09 price per square foot in the Ewa 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. |
|---|---|---|---|
| Kalaeloa | Kaimana 3/2.5 1402sf Townhome | 3BR,2.5BA | $3.08 |
| Kapilina Beach Homes | Orchid | 4BR,2BA | $3.09 |
| The Villas at Royal Kunia | Model H | 2BR,1.5BA | $3.30 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $3.56 |
| Waena Apartments | Kiele - Ilima - Maile | 1BR,1BA | $3.87 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Juliana Towers Apartments | 1Bed1Bath | 1BR,1BA | $3.29 |
| Hale Mahana Apartments | B2 | 2BR,1BA | $4.16 |
| 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 ArticleReal 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.
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!
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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 209 Apartments for Rent in Waipio, HI with pricing that ranges from $900 to $7,220. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waipio ranging from $1,300 to $6,900.
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 $1,300 to $6,900 with an average monthly rent of $3,403.
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 $7,220, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $6,900. 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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.