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Apartments for Rent in Oahu, HI under $500

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  • 9 units available
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    Income restricted
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    Haleiwa Senior Citizen Center

    3.5 (7)
    66-477 Paalaa Road, Haleiwa, HI 96712
    Apply online
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    Hale Makana O Maili

    87-037 Kulaaupuni St., Walanae, HI 96792
    Pet friendly • Dishwasher • Air conditioner
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    Income restricted
    Verified Listing

    Parkway Village At Kapolei

    689-688 Manawai Street, Kapolei, HI 96707
    Pet friendly • Air conditioner
  • 3-0-city

Frequently asked questions

When were prices and availability in Oahu, HI last updated?

Prices and availability in Oahu, HI were last updated on 30 Oct 2026.

What are the best apartments in Oahu, HI?

The best apartments in Oahu, HI are: Palms of Kilani, The Place on Young, The Element, Kapilina Beach Homes and Mahana.

What type of rental buildings are in Oahu, HI?

In Oahu, 40% of the residents are renting compared to 60% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Oahu's rentals, 55% are small-scale complexes with under 50 units, and 22% are single-family rentals.

Renting apartments in Oahu, HI under $500

Searching for apartments for rent in Oahu, HI 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 Oahu, HI. 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.