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.