Most Affordable Neighborhoods in Honolulu, HI
Some of the cheapest neighborhoods in Honolulu are Kaimuki, Palolo, and Liliha-Kapalama. These neighborhoods offer some of the lowest rent prices in Honolulu, making them ideal for renters on a budget. As of April 25, 2025, the average rent in Honolulu is $1,688, which is 0.9% 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.
Kaimuki
Average Rent
$1,274/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
54/100
Units Available
4 Rentals
Kaimuki is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kaimuki is $1,274 while the city average is $1,688. This is a 1.2% difference from last year. Residents enjoy convenient access to Pouhala Waipahu Transit Center Station, Waikiki Aquarium, and Honolulu Zoo. The neighborhood is considered walkable with a WalkScore® of 82.
Palolo
Average Rent
$1,333/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
48/100
Units Available
3 Rentals
When you’re looking for a great Honolulu neighborhood on a budget, check out Palolo. The average rent is $1,333, compared to the city average of $1,688. Rent prices have increased by 0.4%. Palolo is convenient to Pouhala Waipahu Transit Center Station, Hawaii Nature Center-Oahu, and University of Hawaii at Manoa. The community is somewhat walkable with a WalkScore® of 66.
Liliha-Kapalama
Average Rent
$1,388/Month
TransitScore® Rating
66/100
Units Available
2 Rentals
Liliha-Kapalama, known for its rich cultural heritage, offers a blend of traditional charm and modern conveniences. The neighborhood's affordable housing makes it an appealing option for budget-conscious renters, and its proximity to Downtown Honolulu ensures easy access to city amenities.
Kuliouou-Kalani Iki
Average Rent
$1,412/Month
TransitScore® Rating
41/100
Units Available
2 Rentals
Kuliouou-Kalani Iki is an affordable neighborhood in Honolulu with an average rent price of $1,412. Compare this to the city average of $1,688. Kuliouou-Kalani Iki provides easy access to Diamond Head State Monument, Daniel K Inouye International, and Hawaii Pacific Univ., Windward. It’s a car-dependent neighborhood with a WalkScore® of 39.
Hickham
Average Rent
$1,483/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.
Makiki-Lower Punchbowl-Tantalu
Average Rent
$1,756/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
67/100
Units Available
27 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.
Nuuanu-Punchbowl
Average Rent
$1,787/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
66/100
Units Available
28 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.
Hawaii Kai
Average Rent
$1,825/Month
TransitScore® Rating
38/100
Units Available
1 Rentals
Discover the picturesque Hawaii Kai neighborhood in Honolulu, Hawaii, known for its stunning marina and lush valleys. The area's beautiful Maunalua Bay and proximity to the Koko Head Crater create a breathtaking backdrop for those seeking apartments in Honolulu. Explore the inviting shopping centers, parks, and natural landmarks that make Hawaii Kai a coveted location on the island of Oahu.
Kalihi-Palama
Average Rent
$1,861/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
65/100
Units Available
7 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.
Manoa
Average Rent
$1,868/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
52/100
Units Available
25 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.
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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.