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Apartments for Rent in Hawaii under $500

Apartments for Rent in Hawaii under $500. 15 Rentals Available
15 Rentals Available
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  • 9 units available
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    Income restricted
    Verified Listing

    3.5 (7)
    66-477 Paalaa Road, Haleiwa, HI 96712
    Apply online
  • Ask for Pricing
    Income restricted
    Verified Listing

    689-688 Manawai Street, Kapolei, HI 96707
    Pet friendly • Air conditioner
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    Verified Listing

    4.0 (20)
    73-4411 Kakahiaka Street, Kailua-Kona, HI 96740
    Pet friendly • In unit laundry • Public Transportation
  • Ask for pricing
    Verified Listing

    87-037 Kulaaupini St., Walanae, HI 96792
    Pet friendly • Dishwasher • Air conditioner
4-0-state

Frequently asked questions

When were prices and availability in Hawaii last updated?

Prices and availability in Hawaii were last updated on 19 Jun 2026.

What are the best apartments in Hawaii?

The best apartments in Hawaii are: Palms of Kilani, Kapilina Beach Homes, Kalaeloa, The Place on Young and The Element.

What type of rental buildings are in Hawaii?

In Hawaii 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 19% of Hawaii's apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 30% are single-family rentals.

Renting apartments in Hawaii under $500

Searching for apartments for rent in Hawaii under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Hawaii. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition.