Cheap Homes for Rent in Waikiki Neighborhood of Honolulu, HI from $1,300 (28 Rentals)

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

property at 2525 Date St

2525 Date St

HonoluluHI96826

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.

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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.

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property at 425 Ena Rd

425 Ena Rd

HonoluluHI96815
property at 444 Nahua St

444 Nahua St

HonoluluHI96815
property at 2092 Kuhio Ave.

2092 Kuhio Ave.

HonoluluHI96815

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.

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Showing Results 1-28, Page 1 of 1

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 1 Bed unit found at Royal Kinau 62+ Senior Apartments priced from $1,100. Hale Mahana Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,195. Here are the most affordable Waikiki apartments for rent in Honolulu, HI:

Apartment ListingModel NameBed/BathPriced From
Royal Kinau 62+ Senior Apartments1 Bedroom1BR,1BA$1,100
Hale Mahana ApartmentsC43BR,2BA$1,195
Waikiki VistaStudioStudio,1BA$1,200
Ala Wai Gardens Apartments0 Beds, 1 BathsStudio,1BA$1,295
Kokua HaleStudioStudio,1BA$1,310
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$1,552
Moana Vista ApartmentsStudioStudio,1BA$1,595
Waikiki Walina ApartmentsStudio - Plan B - RenovatedStudio,1BA$1,657
Waikiki Whale WatcherFully Furn Studio Month-to-Month1BR,1BA$1,850
WaikaheOne Bedroom1BR,1BA$1,952

Best Value Apartments for Rent in Waikiki, HI

As of May 18, 2025 the best value apartment in the Waikiki area is the $3.55 price per square foot 1910 Ala Moana Blvd. Model at 1910 Ala Moana Blvd., Unit 18AF in the in the Waikiki neighborhood starting from $5,500. The second greatest value Waikiki apartment is the 2 Bedroom Model at Royal Kinau 62+ Senior Apartments starting at $1,563 with a $2.11 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.
1910 Ala Moana Blvd., Unit 18AF1910 Ala Moana Blvd.2BR,2BA$3.55
Royal Kinau 62+ Senior Apartments2 Bedroom2BR,1BA$2.11
1778 Ala Moana Blvd, Unit 33181778 Ala Moana Blvd1BR,1BA$4.83
Napili Towers2 Bdrm - Plan32BR,1BA$4.38
Kanekapolei Collection1 Bedroom 1 Bathroom1BR,1BA$2.61
WaikaheOne Bedroom1BR,1BA$4.65
Waikiki VistaStudioStudio ,1BA$2.86
Moana Vista ApartmentsStudioStudio ,1BA$4.20
Waikiki Walina ApartmentsStudio - Plan B - RenovatedStudio ,1BA$4.60
Kokua HaleStudioStudio ,1BA$4.76

Quick Rent Budget Calculator

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Frequently Asked Questions about Waikiki

What type of rentals are currently available in Waikiki?

There are currently 538 Apartments for Rent in Waikiki, HI with pricing that ranges from $1,100 to $18,010. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waikiki ranging from $1,350 to $6,500.

What is the current price range for Rental Homes in Waikiki?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waikiki ranges from $1,350 to $6,500 with an average monthly rent of $3,078.

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.