
Cheap Homes for Rent in Downtown Honolulu Neighborhood of Honolulu, HI from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Honolulu area of Honolulu.


1301 Lusitana St

425 N Kuakini St

1188 Bishop St

1469 Lusitana St

55 S Kukui St
Downtown Honolulu, Honolulu, HI Local Guide

How much does it cost to rent a home in Downtown Honolulu?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Honolulu 2 Bedroom Homes for Rent | $4,004 | $2,500 | $10,000+ |
Downtown Honolulu 3 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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. Loliana Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. 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 |
Loliana Apartments | Studio | Studio,1BA | $1,000 |
Royal Kinau Apartments | 1 Bedroom | 1BR,1BA | $1,228 |
Best Value Apartments for Rent in Downtown Honolulu, HI
As of March 25, 2025 the best value apartment in the Downtown Honolulu area is the $2.81 price per square foot 135 Prospect St Model at 135 Prospect St, Unit Downstairs Unit in the in the Honolulu Ahupua`a neighborhood starting from $2,700. The second greatest value Downtown Honolulu apartment is the 2 Bedroom 1.5 Bathroom Model at Punahou Heights starting at $2,352 with a $3.02 price per square foot in the Downtown Honolulu 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. |
---|---|---|---|
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 |
1570 Frear St, Unit #2 | 1570 Frear St | 1BR,1BA | $2.97 |
Waena Apartments | Maile | 1BR,1BA | $3.39 |
Royal Kinau Apartments | 1 Bedroom | 1BR,1BA | $2.27 |
1060 Bishop | Studio 1 Bathroom | Studio ,1BA | $4.99 |
Kewalo Apartments | Studio | Studio ,1BA | $4.55 |
Loliana Apartments | Studio | Studio ,1BA | $3.33 |
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
Kokua Hale | Studio | Studio ,1BA | $4.76 |
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Frequently Asked Questions about Downtown Honolulu
What type of rentals are currently available in Downtown Honolulu?
There are currently 329 Apartments for Rent in Downtown Honolulu, HI with pricing that ranges from $900 to $3,450. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Honolulu ranging from $675 to $10,000.
What is the current price range for Rental Homes in Downtown Honolulu?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Honolulu ranges from $675 to $10,000 with an average monthly rent of $3,171.
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.

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.

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.