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


636 Nalanui St

1408 Middle St

1506 Kaumualii St

931 Hikina Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

5333 Likini St

2888 Ala Ilima St

1127 Banyan St

150 N King St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3009 Ala Makahala Pl

1121 Ala Napunani St

1629 Kino St
Wake Island, HI Local Guide

How much does it cost to rent a home in Wake Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wake Island 2 Bedroom Homes for Rent | $2,768 | $1,700 | $5,500 |
Wake Island 3 Bedroom Homes for Rent | $3,103 | $2,100 | $4,000 |
Wake Island 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Top Homes for Rent in Wake Island
Explore Wake Island
Wake Island, HI Local Guide
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Cheapest Available Wake Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Wake Island, HI is a Studio unit found at Cloudbreak Hawaii in the Honouliuli Ahupua`a neighborhood priced from $825. 1506 Piikoi St in the Honolulu Ahupua`a neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Wake Island apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cloudbreak Hawaii | Building 37 | Studio, | $825 |
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $900 |
Hale Mahana Apartments | C4 | 3BR,2BA | $1,195 |
Waikiki Vista | Studio | Studio,1BA | $1,200 |
Weinberg Hale | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Wake Island, HI and Nearby
As of May 23, 2025 the best value apartment in the Wake Island area is the $2.91 price per square foot Orchid Model at Kapilina Beach Homes in the in the Ewa neighborhood starting from $3,574. The second greatest value Wake Island apartment is the Kaimana 2/1.5 1126sf Townhome Model at Kalaeloa starting at $3,150 with a $2.80 price per square foot in the Honouliuli Ahupua`a neighborhood. Here is today’s list of the best values for Wake Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Kapilina Beach Homes | Orchid | 4BR,2BA | $2.91 |
Kalaeloa | Kaimana 2/1.5 1126sf Townhome | 2BR,1.5BA | $2.80 |
Mala Grove | 2x1.5 | 2BR,1.5BA | $2.96 |
Kapolei Lofts | Allamanda (Affordable 140) | 1BR,1BA | $3.62 |
Royal Kinau 62+ Senior Apartments | 2 Bedroom | 2BR,1BA | $2.11 |
Waena Apartments | Maile | 1BR,1BA | $3.78 |
Bayview Apartments | 1 Bedroom | 1BR,1BA | $3.32 |
Waikiki Vista | Studio | Studio ,1BA | $2.86 |
Weinberg Hale | Studio | Studio ,1BA | $3.12 |
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
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.
Frequently Asked Questions about Wake Island
What type of rentals are currently available in Wake Island?
There are currently 45 Apartments for Rent in Wake Island, HI with pricing that ranges from $637 to $17,833. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wake Island ranging from $1,350 to $5,500.
What is the current price range for Rental Homes in Wake Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wake Island ranges from $1,350 to $5,500 with an average monthly rent of $2,488.
How much are larger Three and Four Bedroom Rentals in Wake Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wake Island range from $1,195 to $17,833, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,433.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.