Cheap Apartments for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $900 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Honolulu area of Honolulu.

property at 980 Robello Ln

980 Robello Ln

HonoluluHI96817
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Royal Kinau Apartments
1 to 2 Bedroom Apartments

Royal Kinau Apartments

728 Kinau StHonolulu, HI 96814
Senior Living
  • Utilities Included
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34 Hialoa St
1 Bedroom Apartments

34 Hialoa St

34 Hialoa StHonolulu, HI 96817
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Malulani Hale
1 Bedroom Apartments

Malulani Hale

114 N Kuakini StHonolulu, HI 96813
Senior Living
  • Utilities Included

Downtown Honolulu, Honolulu, HI Local Guide

Cheapest Available Downtown Honolulu Apartments for Rent

 

The cheapest available apartment rental in the Downtown Honolulu area of Honolulu, HI is a 1 Bed unit found at 1506 Piikoi St priced from $900. Royal Kinau Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,228. Here are the most affordable Downtown Honolulu apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
Royal Kinau Apartments1 Bedroom1BR,1BA$1,228
Kokua HaleStudioStudio,1BA$1,310
Kewalo ApartmentsStudioStudio,1BA$1,457
Waena ApartmentsMaile1BR,1BA$2,050

Best Value Apartments for Rent in Downtown Honolulu, HI

As of April 15, 2025 the best value apartment in the Downtown Honolulu area is the $4.82 price per square foot 1551 Ala Wai Blvd Model at 1551 Ala Wai Blvd, Unit 2405 in the in the Kalihi Ahupua`a neighborhood starting from $5,250. The second greatest value Downtown Honolulu apartment is the 152 S School St Model at 152 S School St, Unit A starting at $2,500 with a $2.78 price per square foot in the Honolulu Ahupua`a neighborhood. Here is today’s list of the best values for Downtown Honolulu apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1551 Ala Wai Blvd, Unit 24051551 Ala Wai Blvd2BR,2BA$4.82
152 S School St, Unit A152 S School St1BR,1BA$2.78
Punahou Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$3.21
Waena ApartmentsMaile1BR,1BA$3.52
1060 Bishop1 Bedroom 1 Bathroom1BR,1BA$3.60
Royal Kinau Apartments1 Bedroom1BR,1BA$2.27
The Residences at Bishop PlaceStudios (A)Studio ,1BA$5.70
Kewalo ApartmentsStudioStudio ,1BA$4.55
1506 Piikoi St1 Bedroom1BR,1BA$3.00
Kokua HaleStudioStudio ,1BA$4.76

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Pet Friendly Lifestyle
Downtown Honolulu, Honolulu, HI

Ranked #5

Among neighborhoods in Honolulu, HI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Downtown Honolulu Neighborhood in Honolulu, HI

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

78 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Downtown Honolulu Apartments

What is a cheap apartment in Downtown Honolulu?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Honolulu is under $2,495.

What is the price of a cheap apartment in Downtown Honolulu?

The cheapest apartment in Downtown Honolulu is 1506 Piikoi St which is listed at $900, while the average apartment in Downtown Honolulu costs $2,900.

What types of apartments are the cheapest in Downtown 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 1 regular apartments in Downtown Honolulu that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.