Cheap Apartments for Rent in the Lower Punchbowl Neighborhood of Honolulu, HI from $900 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

close
View Me
34 Hialoa St
1 Bedroom Apartments

34 Hialoa St

34 Hialoa StHonolulu, HI 96817
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
1089 Karratti Ln
1 Bedroom Apartments

1089 Karratti Ln

1089 Karratti LnHonolulu, HI 96822
close
View Me
1650 Young St
1 Bedroom Apartments

1650 Young St

1650 Young StHonolulu, HI 96826
  • Utilities Included
close
View Me
1508 Pensacola St
1 Bedroom Apartments

1508 Pensacola St

1508 Pensacola StHonolulu, HI 96822
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
Liholiho Lani
2 Bedroom Apartments

Liholiho Lani

1615 Liholiho StHonolulu, HI 96822
  • Utilities Included

Lower Punchbowl, Honolulu, HI Local Guide

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 62+ Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Lower Punchbowl apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
1506 Piikoi St1 Bedroom1BR,1BA$900
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$1,100
Hale Mahana ApartmentsC43BR,2BA$1,195
Kokua HaleStudioStudio,1BA$1,310
Kewalo ApartmentsStudioStudio,1BA$1,457

Best Value Apartments for Rent in Lower Punchbowl, HI

As of May 19, 2025 the best value apartment in the Lower Punchbowl area is the $2.75 price per square foot 1446 Liholiho St Model at 1446 Liholiho St, Unit A in the in the Honolulu Ahupua`a neighborhood starting from $2,750. The second greatest value Lower Punchbowl apartment is the 1322 Moku Pl Model at 1322 Moku Pl, Unit A starting at $3,000 with a $3.95 price per square foot in the Honolulu Ahupua`a neighborhood. Here is today’s list of the best values for Lower Punchbowl apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1446 Liholiho St, Unit A1446 Liholiho St2BR,1BA$2.75
1322 Moku Pl, Unit A1322 Moku Pl2BR,1BA$3.95
Royal Kinau 62+ Senior Apartments2 Bedroom2BR,1BA$2.11
Waena ApartmentsMaile1BR,1BA$3.78
WaikaheOne Bedroom1BR,1BA$4.65
1060 BishopStudio 1 BathroomStudio ,1BA$4.99
Moana Vista ApartmentsStudioStudio ,1BA$4.20
Kewalo ApartmentsStudioStudio ,1BA$4.55
1506 Piikoi St1 Bedroom1BR,1BA$3.00
Kokua HaleStudioStudio ,1BA$4.76

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lower Punchbowl, Honolulu, HI

Ranked #5

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $2,595.

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 $2,080.

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 152 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 $1,240 which is $840 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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.