Most Affordable Neighborhoods in Honolulu, HI
Some of the cheapest neighborhoods in Honolulu are Manoa, Nuuanu-Punchbowl, and Mccully-Moiliili. These neighborhoods offer some of the lowest rent prices in Honolulu, making them ideal for renters on a budget. As of November 1, 2025, the average rent in Honolulu is $1,722, which is 1.2% 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.
Manoa
Average Rent
$1,630/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
52/100
Units Available
27 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
$1,724/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
66/100
Units Available
22 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.
Mccully-Moiliili
Average Rent
$1,916/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
66/100
Units Available
40 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.
Makiki-Lower Punchbowl-Tantalu
Average Rent
$2,171/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
67/100
Units Available
38 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.
Aliamanu-Salt Lake-Foster Village
Average Rent
$2,172/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
37/100
Units Available
10 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.
Downtown Honolulu
Average Rent
$2,248/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
78/100
Units Available
30 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.
Ala Wai
Average Rent
$2,871/Month
TransitScore® Rating
64/100
Units Available
16 Rentals
When you’re looking for a great Honolulu neighborhood on a budget, check out Ala Wai. The average rent is $2,871, compared to the city average of $1,722. Ala Wai is convenient to University of Hawaii at Manoa, Chaminade Univ. of Honolulu, and Daniel K Inouye International. The community is walkable with a WalkScore® of 91.
Kakaako
Average Rent
$2,910/Month
TransitScore® Rating
77/100
Units Available
12 Rentals
Kakaako is an affordable neighborhood in Honolulu with an average rent price of $2,910. Compare this to the city average of $1,722. Kakaako provides easy access to Honolulu Community College, Aloha Tower Marketplace Honolulu Harbor, and Royal Mausoleum State Monument. It’s a walkable neighborhood with a WalkScore® of 94.
Ala Moana-Kakaako
Average Rent
$2,927/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
76/100
Units Available
35 Rentals
If you’re looking for a great, affordable neighborhood in Honolulu, Ala Moana-Kakaako might be the perfect place! It has an average rent price of $2,927, while the city’s average stands at $1,722. In the last year, prices have increased by 1.3%. Ala Moana-Kakaako is near Hawaii Pacific Univ, Downtown, Iolani Palace State Monument, and Foster Botanical Garden.
Kaheka
Average Rent
$2,988/Month
TransitScore® Rating
74/100
Units Available
12 Rentals
Kaheka is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kaheka is $2,988 while the city average is $1,722. Residents enjoy convenient access to Iolani Palace State Monument, Don Quijote, and Kalauao Pearlridge Station. The neighborhood is considered walkable with a WalkScore® of 97.
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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.