
Cheap Apartments for Rent in the Lower Punchbowl Neighborhood of Honolulu, HI from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Punchbowl area of Honolulu.


1408 Liliha St

1125 Young St
Lower Punchbowl, Honolulu, HI Local Guide

How much does it cost to rent an apartment in Lower Punchbowl?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lower Punchbowl Studio Apartments | $1,823 | $595 | $2,595 |
Lower Punchbowl 1 Bedroom Apartments | $1,820 | $900 | $3,095 |
Lower Punchbowl 2 Bedroom Apartments | $2,276 | $1,425 | $4,995 |
Lower Punchbowl 3 Bedroom Apartments | $1,554 | $1,260 | $2,700 |
Lower Punchbowl 4 Bedroom Apartments | $1,738 | $1,585 | $1,855 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Lower Punchbowl Neighborhood of Honolulu, HI.
See all Apartments in HonoluluExplore Honolulu
Lower Punchbowl, Honolulu, HI Local Guide
- Nearby Honolulu neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Lower Punchbowl Apartments for Rent
 The cheapest available apartment rental in the Lower Punchbowl 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 Lower Punchbowl 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 |
Hale Mahana Apartments | C2 | 3BR,2BA | $1,260 |
Kokua Hale | Studio | Studio,1BA | $1,310 |
Kewalo Apartments | Studio | Studio,1BA | $1,457 |
Best Value Apartments for Rent in Lower Punchbowl, HI
As of April 13, 2025 the best value apartment in the Lower Punchbowl area is the $2.89 price per square foot 152 S School St Model at 152 S School St, Unit A in the in the Honolulu Ahupua`a neighborhood starting from $2,600. The second greatest value Lower Punchbowl apartment is the 2 Bedroom 1.5 Bathroom Model at Punahou Heights starting at $2,495 with a $3.21 price per square foot in the Downtown Honolulu neighborhood. Here is today’s list of the best values for Lower Punchbowl apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
152 S School St, Unit A | 152 S School St | 1BR,1BA | $2.89 |
Punahou Heights | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $3.21 |
1322 Moku Pl, Unit A | 1322 Moku Pl | 2BR,1BA | $3.55 |
1241 Rycroft St, Unit 302 | 1241 Rycroft St | 1BR,1BA | $2.79 |
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 |
1515B S King St, Unit 7 | 1515B S King St | 1BR,1BA | $4.59 |
Kewalo Apartments | Studio | Studio ,1BA | $4.55 |
1506 Piikoi St | 1 Bedroom | 1BR,1BA | $3.00 |
Quick 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.
Pet Friendly LifestyleLower Punchbowl, Honolulu, HI
Ranked #26
Among neighborhoods in Honolulu, HI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lower Punchbowl, Honolulu, HI
Robert Louis Stevenson Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Lower Punchbowl Apartments
What is a cheap apartment in Lower Punchbowl?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lower Punchbowl is under $2,050.
What is the price of a cheap apartment in Lower Punchbowl?
The cheapest apartment in Lower Punchbowl is 1506 Piikoi St which is listed at $900, while the average apartment in Lower Punchbowl costs $2,090.
What types of apartments are the cheapest in Lower Punchbowl?
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 55 regular apartments in Lower Punchbowl 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 Lower Punchbowl?
Cheap apartments in Lower Punchbowl have an average cost of $1,144 which is $946 cheaper than the average rent for all rentals in Lower Punchbowl.
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.