Cheap Apartments for Rent in the Waikiki Neighborhood of Honolulu, HI from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waikiki area of Honolulu.

264 Ka?iulani Ave

Moana Vista Apartments

Waikiki Walina Apartments

Waikiki Whale Watcher
Waikiki, Honolulu, HI Local Guide

How much does it cost to rent an apartment in Waikiki?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waikiki Studio Apartments | $2,253 | $1,200 | $3,988 |
Waikiki 1 Bedroom Apartments | $3,193 | $1,595 | $5,167 |
Waikiki 2 Bedroom Apartments | $3,812 | $1,425 | $10,000+ |
Waikiki 3 Bedroom Apartments | $1,660 | $1,260 | $10,000+ |
Waikiki 4 Bedroom Apartments | $1,738 | $1,585 | $1,855 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Waikiki Neighborhood of Honolulu, HI.
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Waikiki, Honolulu, HI Local Guide
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Cheapest Available Waikiki Apartments for Rent
 The cheapest available apartment rental in the Waikiki area of Honolulu, HI is a Studio unit found at Waikiki Vista priced from $1,200. Hale Mahana Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,260. Here are the most affordable Waikiki apartments for rent in Honolulu, HI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Waikiki Vista | Studio | Studio,1BA | $1,200 |
Hale Mahana Apartments | C2 | 3BR,2BA | $1,260 |
Ala Wai Gardens Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,295 |
Kokua Hale | Studio | Studio,1BA | $1,310 |
Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,552 |
Best Value Apartments for Rent in Waikiki, HI
As of March 21, 2025 the best value apartment in the Waikiki area is the $3.28 price per square foot 2 Bdrm - Plan6 Model at Napili Towers in the in the Waikiki Ahupua`a neighborhood starting from $3,662. The second greatest value Waikiki apartment is the 2BR/1.0BA Model at k3800ty - Keauhou Lane starting at $2,395 with a $3.79 price per square foot in the Honolulu Ahupua`a neighborhood. Here is today’s list of the best values for Waikiki apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Napili Towers | 2 Bdrm - Plan6 | 2BR,2BA | $3.28 |
k3800ty - Keauhou Lane | 2BR/1.0BA | 2BR,1BA | $3.79 |
Kanekapolei Collection | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.61 |
1778 Ala Moana Blvd, Unit 4115 | 1778 Ala Moana Blvd | Studio ,1BA | $5.05 |
The Residences at Bishop Place | Studios (A) | Studio ,1BA | $5.70 |
Waikahe | One Bedroom | 1BR,1BA | $4.65 |
Waikiki Vista | Studio | Studio ,1BA | $2.86 |
1060 Bishop | Studio 1 Bathroom | Studio ,1BA | $4.99 |
Kokua Hale | Studio | Studio ,1BA | $4.76 |
Waikiki Whale Watcher | Fully Furn Jr 1 Bedroom M-to-M | 1BR,1BA | $6.88 |
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Pet Friendly LifestyleWaikiki, Honolulu, HI
Ranked #1
Among neighborhoods in Honolulu, HI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Waikiki Neighborhood in Honolulu, HI
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
64 / 100
Good Transit
Many nearby public transportation options
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 Waikiki Apartments
What is a cheap apartment in Waikiki?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waikiki is under $2,400.
What is the price of a cheap apartment in Waikiki?
The cheapest apartment in Waikiki is Kanekapolei Collection which is listed at $1,552, while the average apartment in Waikiki costs $3,392.
What types of apartments are the cheapest in Waikiki?
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 2,289 regular apartments in Waikiki 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 Waikiki?
Cheap apartments in Waikiki have an average cost of $985 which is $2,407 cheaper than the average rent for all rentals in Waikiki.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.