Most Affordable Neighborhoods in Honolulu, HI
Some of the cheapest neighborhoods in Honolulu are Hickham, Kalihi Valley, and Aliamanu-Salt Lake-Foster Village. These neighborhoods offer some of the lowest rent prices in Honolulu, making them ideal for renters on a budget. As of December 27, 2024, the average rent in Honolulu is $1,688, which is 2.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Hickham
Average Rent
$1,300/Month
TransitScore® Rating
48/100
Units Available
2 Rentals
Situated near Joint Base Pearl Harbor-Hickam, this neighborhood provides a convenient location for military personnel and civilians alike. Hickham offers a relaxed setting with nearby recreational facilities like Ke'ehi Lagoon Beach Park. Affordable housing options make it a practical choice for those seeking budget-friendly accommodations.
Kalihi Valley
Average Rent
$1,500/Month
TransitScore® Rating
43/100
Units Available
1 Rentals
If you’re looking for a great, affordable neighborhood in Honolulu, Kalihi Valley might be the perfect place! It has an average rent price of $1,500, while the city’s average stands at $1,688. Kalihi Valley is near Royal Mausoleum State Monument, Lili'uokalani Botanical Garden, and Bishop Museum.
Aliamanu-Salt Lake-Foster Village
Average Rent
$1,525/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
37/100
Units Available
2 Rentals
Aliamanu-Salt Lake-Foster Village features a variety of parks and green spaces, ideal for enjoying the outdoors. Close to schools and shopping centers, it offers essential amenities within reach. Affordable housing options attract those looking for a well-rounded, cost-effective community.
Makiki-Lower Punchbowl-Tantalu
Average Rent
$1,588/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
67/100
Units Available
14 Rentals
Makiki-Lower Punchbowl-Tantalus boasts a scenic hillside location with sweeping views of Honolulu. The neighborhood features numerous parks and hiking trails, perfect for outdoor enthusiasts. With its proximity to downtown, residents enjoy both tranquility and convenience.
Manoa
Average Rent
$1,751/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
52/100
Units Available
13 Rentals
Surrounded by lush greenery, Manoa provides a serene retreat from the city's hustle. Known for its picturesque scenery and cool climate, this area is ideal for those who appreciate nature. Close to the University of Hawaii, Manoa offers a quiet ambiance with easy access to educational resources.
Nuuanu-Punchbowl
Average Rent
$1,820/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
66/100
Units Available
17 Rentals
Nuuanu-Punchbowl combines historical depth with natural beauty, offering a peaceful environment. The area is known for lush landscapes and historic landmarks like the Nuuanu Pali Lookout. Affordable housing and proximity to downtown make it an attractive option for budget-conscious renters.
Kalihi-Palama
Average Rent
$1,862/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
65/100
Units Available
14 Rentals
Nestled next to Downtown Honolulu, Kalihi-Palama offers an accessible lifestyle with convenient transit options and affordable housing. This bustling neighborhood provides a range of recreational areas, ensuring residents can enjoy outdoor activities. Rich in cultural diversity, Kalihi-Palama is perfect for those seeking cost-effective living near the heart of the city.
Downtown Honolulu
Average Rent
$1,919/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
78/100
Units Available
35 Rentals
Downtown Honolulu provides an exciting blend of historical sites and contemporary attractions. This area's affordable housing options make it accessible for those on a budget. With numerous shopping, dining, and entertainment venues, as well as the Punchbowl Crater in the backdrop, residents enjoy a lively urban experience.
Mccully-Moiliili
Average Rent
$1,937/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
66/100
Units Available
22 Rentals
Mccully-Moiliili offers an eclectic mix of dining, shopping, and entertainment options. The neighborhood's central location provides easy access to Waikiki and Ala Moana. Residents appreciate the affordability and vibrant local culture that define this area.
Moanalua
Average Rent
$1,983/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
36/100
Units Available
3 Rentals
Moanalua, situated near Moanalua Gardens, offers residents a tranquil setting with beautiful landscapes. The area is known for its excellent recreational facilities and convenient highway access. Affordable housing options make Moanalua a great choice for those seeking budget-friendly living.
Ready to make your move to Honolulu? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.