Most Affordable Neighborhoods in Honolulu, HI
Some of the cheapest neighborhoods in Honolulu are Kalihi Valley, Makiki-Lower Punchbowl-Tantalu, and Manoa. These neighborhoods offer some of the lowest rent prices in Honolulu, making them ideal for renters on a budget. As of January 27, 2025, the average rent in Honolulu is $1,687, which is 1.5% 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.
Kalihi Valley
Average Rent
$1,500/Month
TransitScore® Rating
43/100
Units Available
1 Rentals
Kalihi Valley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kalihi Valley is $1,500 while the city average is $1,687. Residents enjoy convenient access to Lili'uokalani Botanical Garden, Pouhala Waipahu Transit Center Station, and Bishop Museum. The neighborhood is considered car-dependent with a WalkScore® of 45.
Makiki-Lower Punchbowl-Tantalu
Average Rent
$1,730/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
67/100
Units Available
24 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
$1,733/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
52/100
Units Available
6 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.
Kalihi-Palama
Average Rent
$1,746/Month
Year-Over-Year Rent Change
2%
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.
Nuuanu-Punchbowl
Average Rent
$1,938/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
66/100
Units Available
24 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.
Liliha-Kapalama
Average Rent
$1,950/Month
TransitScore® Rating
66/100
Units Available
6 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.
Hickham
Average Rent
$1,950/Month
TransitScore® Rating
48/100
Units Available
5 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.
Moanalua
Average Rent
$2,048/Month
Year-Over-Year Rent Change
0.2%
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.
Mccully-Moiliili
Average Rent
$2,106/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
66/100
Units Available
15 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
$2,118/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
37/100
Units Available
8 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.