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 2, 2025, the average rent in Honolulu is $1,682, which is 1.3% 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
$950/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
54/100
Units Available
2 Rentals
When you’re looking for a great Honolulu neighborhood on a budget, check out Kaimuki. The average rent is $950, compared to the city average of $1,682. Rent prices have increased by 1.7%. Kaimuki is convenient to University of Hawaii at Manoa, Chaminade Univ. of Honolulu, and Waahila Ridge State Recreation Area. The community is walkable with a WalkScore® of 82.
Palolo
Average Rent
$1,183/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
48/100
Units Available
3 Rentals
Palolo is an affordable neighborhood in Honolulu with an average rent price of $1,183. Compare this to the city average of $1,682. In the past year, rent prices have increased by 0.5%. Palolo provides easy access to Waiawa Pearl Highlands Station, Hawaii Pacific Univ., Windward, and Pouhala Waipahu Transit Center Station. It’s a somewhat walkable neighborhood with a WalkScore® of 66.
Liliha-Kapalama
Average Rent
$1,467/Month
TransitScore® Rating
66/100
Units Available
3 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.
Makiki-Lower Punchbowl-Tantalu
Average Rent
$1,636/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
67/100
Units Available
23 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
$1,792/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
52/100
Units Available
14 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
$1,835/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
66/100
Units Available
23 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.
Hickham
Average Rent
$1,919/Month
TransitScore® Rating
48/100
Units Available
6 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-Palama
Average Rent
$1,994/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
65/100
Units Available
12 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.
Mccully-Moiliili
Average Rent
$2,083/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
66/100
Units Available
32 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.
Aliamanu-Salt Lake-Foster Village
Average Rent
$2,275/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
37/100
Units Available
6 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.
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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.