Cheap Apartments for Rent in the Downtown Honolulu Neighborhood of Honolulu, HI from $900 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Honolulu area of Honolulu.

620 Dillingham Blvd Apartments

1408 Liliha St

412 N Kuakini St

980 Robello Ln

Pohulani - Elderly Apartments - 62yrs & Older
Downtown Honolulu, Honolulu, HI Local Guide

How much does it cost to rent an apartment in Downtown Honolulu?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Honolulu Studio Apartments | $1,564 | $950 | $2,595 |
Downtown Honolulu 1 Bedroom Apartments | $2,020 | $900 | $3,095 |
Downtown Honolulu 2 Bedroom Apartments | $3,085 | $1,545 | $5,250 |
Downtown Honolulu 3 Bedroom Apartments | $2,650 | $2,600 | $2,700 |
Downtown Honolulu 4 Bedroom Apartments | $2,900 | $2,900 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Downtown Honolulu Neighborhood of Honolulu, HI.
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Downtown Honolulu, Honolulu, HI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $900 |
Royal Kinau Apartments | 1 Bedroom | 1BR,1BA | $1,228 |
Kokua Hale | Studio | Studio,1BA | $1,310 |
Kewalo Apartments | Studio | Studio,1BA | $1,457 |
Waena Apartments | Maile | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1551 Ala Wai Blvd, Unit 2405 | 1551 Ala Wai Blvd | 2BR,2BA | $4.82 |
152 S School St, Unit A | 152 S School St | 1BR,1BA | $2.78 |
Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $3.21 |
Waena Apartments | Maile | 1BR,1BA | $3.52 |
1060 Bishop | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.60 |
Royal Kinau Apartments | 1 Bedroom | 1BR,1BA | $2.27 |
The Residences at Bishop Place | Studios (A) | Studio ,1BA | $5.70 |
Kewalo Apartments | Studio | Studio ,1BA | $4.55 |
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
Kokua Hale | Studio | Studio ,1BA | $4.76 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Honolulu, Honolulu, HI
Ranked #5
Among neighborhoods in Honolulu, HI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown Honolulu, Honolulu, HI
School data provided by Great Schools
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
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 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.

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.

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.

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.

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.