Cheap Apartments for Rent in the Waikiki Neighborhood of Honolulu, HI from $600 (14 Rentals)

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

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2551 Kapiolani Blvd
Studio Apartments

2551 Kapiolani Blvd

2551 Kapiolani BlvdHonolulu, HI 96826
  • Utilities Included
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Ala Wai House
Studio to 1 Bedroom Apartments

Ala Wai House

2411 Ala Wai BlvdHonolulu, HI 96815
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Canal House
Studio Apartments

Canal House

2611 Ala Wai BlvdHonolulu, HI 96815
  • Utilities Included
  • Smoke Free
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Kapiolani Village
1 to 3 Bedroom Apartments

Kapiolani Village

2647 Kapiolani BlvdHonolulu, HI 96826
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Hale Wai Nani
1 to 2 Bedroom Apartments

Hale Wai Nani

287 Wai Nani WayHonolulu, HI 96815
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Ala Wai Garden Plaza
1 Bedroom Apartments

Ala Wai Garden Plaza

2055 Ala Wai BlvdHonolulu, HI 96815
  • Utilities Included

Waikiki, Honolulu, HI Local Guide

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 ListingModel NameBed/BathPriced From
Waikiki VistaStudioStudio,1BA$1,200
Hale Mahana ApartmentsC23BR,2BA$1,260
Ala Wai Gardens Apartments0 Beds, 1 BathsStudio,1BA$1,295
Kokua HaleStudioStudio,1BA$1,310
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Napili Towers2 Bdrm - Plan62BR,2BA$3.28
k3800ty - Keauhou Lane2BR/1.0BA2BR,1BA$3.79
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$2.61
1778 Ala Moana Blvd, Unit 41151778 Ala Moana BlvdStudio ,1BA$5.05
The Residences at Bishop PlaceStudios (A)Studio ,1BA$5.70
WaikaheOne Bedroom1BR,1BA$4.65
Waikiki VistaStudioStudio ,1BA$2.86
1060 BishopStudio 1 BathroomStudio ,1BA$4.99
Kokua HaleStudioStudio ,1BA$4.76
Waikiki Whale WatcherFully Furn Jr 1 Bedroom M-to-M1BR,1BA$6.88

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Pet Friendly Lifestyle
Waikiki, Honolulu, HI

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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.

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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.

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What to Know About Fees and Fines When Renting

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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