
Cheap Apartments for Rent in Honolulu, HI from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Honolulu.


929 Sheridan St

1602 Mikahala Way

620 Dillingham Blvd Apartments

264 Ka?iulani Ave

2154 Eluwene St

4457 Sierra Dr, Unit Sierra Studio

1808 Liliha St

1740 Malanai St, Unit B

809 Kinau St

2108 Citron St

Pohulani - Elderly Apartments - 62yrs & Older

Naulu

Waimanalo Apartments
Honolulu, HI Local Guide

How much does it cost to rent an apartment in Honolulu?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Honolulu Studio Apartments | $2,009 | $595 | $4,016 |
Cheap Honolulu 1 Bedroom Apartments | $2,761 | $674 | $5,167 |
Cheap Honolulu 2 Bedroom Apartments | $3,369 | $783 | $10,000+ |
Cheap Honolulu 3 Bedroom Apartments | $2,786 | $1,260 | $10,000+ |
Cheap Honolulu 4 Bedroom Apartments | $3,293 | $1,585 | $9,334 |
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Honolulu, HI Local Guide

- Honolulu Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Honolulu, HI
Pricing Updated: 03/24/2025Current apartment rentals in the Honolulu, HI area range in price from $595 to $12,545 with an overall median price of $3,189. The three Honolulu neighborhoods with the lowest median rent pricing are Mccully Moiliili at $1,200, Lower Punchbowl at $595, and Honolulu Ahupua`a at $595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Honolulu Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Mccully Moiliili | $2,080 | $1,200 | 2503 |
Lower Punchbowl | $2,125 | $595 | 2815 |
Honolulu Ahupua`a | $2,150 | $595 | 2745 |
Makiki Lower Punchbowl Tantalu | $2,170 | $595 | 2786 |
Waihe`e Ahupua`a | $2,300 | $2,300 | 6 |
Chinatown | $2,575 | $900 | 536 |
Downtown Honolulu | $2,575 | $900 | 525 |
Financial District | $2,575 | $900 | 536 |
Kalihi Palama | $2,575 | $900 | 666 |
Liliha Kapalama | $2,575 | $900 | 295 |
Cheapest Available Honolulu Apartments for Rent
 The cheapest available apartment rental in Honolulu, HI is a 1 Bed unit found at 1506 Piikoi St in the Honolulu Ahupua`a neighborhood priced from $900. Loliana Apartments in the Honolulu Ahupua`a 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 Honolulu apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $900 |
Loliana Apartments | Studio | Studio,1BA | $1,000 |
Waikiki Vista | Studio | Studio,1BA | $1,200 |
Royal Kinau Apartments | 1 Bedroom | 1BR,1BA | $1,228 |
Weinberg Hale | Studio | Studio,1BA | $1,250 |
Hale Mahana Apartments | C2 | 3BR,2BA | $1,260 |
Ala Wai Gardens Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,295 |
Kokua Hale | Studio | Studio,1BA | $1,310 |
Kewalo Apartments | Studio | Studio,1BA | $1,457 |
Best Value Apartments for Rent in Honolulu, HI
As of March 24, 2025 the best value apartment in the Honolulu area is the $2.93 price per square foot Orchid Model at Kapilina Beach Homes in the in the Ewa neighborhood starting from $3,599. The second greatest value Honolulu apartment is the 135 Prospect St Model at 135 Prospect St, Unit Downstairs Unit starting at $2,700 with a $2.81 price per square foot in the Honolulu Ahupua`a neighborhood. Here is today’s list of the best values for Honolulu apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Kapilina Beach Homes | Orchid | 4BR,2BA | $2.93 |
135 Prospect St, Unit Downstairs Unit | 135 Prospect St | 1BR,1.5BA | $2.81 |
Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $3.02 |
Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.61 |
1570 Frear St, Unit #2 | 1570 Frear St | 1BR,1BA | $2.97 |
Royal Kinau Apartments | 1 Bedroom | 1BR,1BA | $2.27 |
Waikiki Vista | Studio | Studio ,1BA | $2.86 |
Weinberg Hale | Studio | Studio ,1BA | $3.12 |
1182 Palekaiko St, Unit Studio | 1182 Palekaiko St | Studio ,1BA | $3.00 |
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
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Honolulu Overview
Honolulu is the capital of Hawaii and located on the island of Oahu. It is the tourism, military defense, and international business hub in the middle of the Pacific Ocean. The residential population of the city and surrounding county is nearly 1 million people, but more than 8 million people visit each year. Finding apartments in Honolulu is a dream that many people have due to the beautiful surroundings, relaxed island lifestyle, and big city atmosphere. Ranking as one of the most livable cities in the world for quality of life and standard of living conditions, it is also one of the safest cities in America due to strict gun control laws, low car fatality rates, and few violent crimes.
Why live in Honolulu, HI?
Island living with the conveniences of modern city life is a huge draw for most people who move to Honolulu. Beautiful beaches, world-class surfing, friendly locals, and comfortable year-round temperatures are what make Hawaiian living a dream. Apartments in Honolulu are surprisingly affordable and run the gamut of beach bungalow living to modern high-rise style. Whether you work in the tourism industry, for the military, or are a student, life in Honolulu is exciting and can feel like being on vacation every day with all the sun and fun activities that are available.
Honolulu, HIPopulation: 347,397
Ranked #56
in US Census Population by City
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Honolulu, HI
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
67 / 100
Bikeable
Some bike infrastructure
Transit Score®
64 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Honolulu Apartments
What is a cheap apartment in Honolulu?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Honolulu is under $1,457.
What is the price of a cheap apartment in Honolulu?
The cheapest apartment in Honolulu is 1506 Piikoi St which is listed at $900, while the average apartment in Honolulu costs $3,189.
What types of apartments are the cheapest in Honolulu?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26,355 regular apartments in Honolulu that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Honolulu?
Cheap apartments in Honolulu have an average cost of $814 which is $2,375 cheaper than the average rent for all rentals in Honolulu.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.