1333 Nuuanu Ave
HonoluluHI96817
Cheap Homes for Rent in Wake Island, HI from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Wake Island.
1188 Bishop St
HonoluluHI96813
2888 Ala Ilima St
HonoluluHI96818
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.
1023 Maunakea St
HonoluluHI96817
150 N King St
HonoluluHI96817
750 Kanoa St
HonoluluHI96817
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.
5122 Likini St
HonoluluHI96818
Showing Results 1-7, Page 1 of 1
Wake Island, HI Local Guide
Sandy sandal by jenswanson is licensed under CC BY 2.0
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 | $3,127 | $1,750 | $5,000 |
| Wake Island 3 Bedroom Homes for Rent | $3,150 | $2,600 | $3,700 |
| Wake Island 5 Bedroom Homes for Rent | $5,200 | $5,200 | $5,200 |
Browse Top Homes for Rent in Wake Island
Explore Wake Island
Wake Island, HI Local Guide
- Nearby Cities
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Cheapest Available Wake Island Apartments for Rent and Nearby
The cheapest available apartment rental in Wake Island, 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 Wake Island 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 |
| Waikiki Vista | Studio | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Wake Island, HI and Nearby
As of May 07, 2026 the best value apartment in the Wake Island 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 Wake Island 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 Wake Island 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 |
| Kalaeloa | Kaimana 2/1.5 1126sf Townhome | 2BR,1.5BA | $3.01 |
| Kapilina Beach Homes | Plumeria | 2BR,1.5BA | $3.11 |
| Napili Towers | 2 Bdrm - Plan4 | 2BR,1BA | $3.68 |
| Halewai'olu Senior Residences | 1 Bed, 1 bath | 1BR,1BA | $2.76 |
| Royal Kinau 62+ Senior Apartments | 1 Bedroom | 1BR,1BA | $2.22 |
| Hale Haukani | 2 Bedroom B | 2BR,1BA | $3.67 |
| Waikiki Vista | Studio | Studio ,1BA | $2.86 |
| 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 Article
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.
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.
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Explore Wake Island, HI Rentals by Map
See the most popular apartments and homes in Wake Island, HI
Frequently Asked Questions about Wake Island
What type of rentals are currently available in Wake Island?
There are currently 49 Apartments for Rent in Wake Island, HI with pricing that ranges from $900 to $7,421. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wake Island ranging from $1,500 to $5,200.
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 $1,500 to $5,200 with an average monthly rent of $3,166.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.