Low Income Apartments and Affordable Housing For Rent in Waimanalo, HI

Discover affordable housing in Waimanalo where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Waimanalo Apartments

41-545 Hihimanu Street, Waimanalo, Hawaii 96795

Kulanakauhale Maluhia O Na Kupuna

41-209 Ilauhole St, Waimanalo, Hawaii 96795

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Waimanalo, Hawaii
$42.65/hour
$28.65 (+205%) more than Hawaii minimum wage and $35.40 (+488%) more than the Federal minimum wage.
Learn More About Waimanalo, Hawaii Affordable Housing ↓

What HUD offices serve Waimanalo, Hawaii?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Waimanalo, Hawaii.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Waimanalo, Hawaii.
Operates the Section 8 Housing Choice Voucher (HCV), Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Waimanalo, Hawaii.

Go to the Hawaii Public Housing and Low-Income Apartments Waiting Lists page for openings near Waimanalo.

How many renters live in Waimanalo, Hawaii?

The City of Waimanalo has 5,743 people living in 1,242 households.

There are 1,234 renters living in 305 renter households in this City. Renters make up 21.49 percent of the population living in Waimanalo.

What is the rental market like in Waimanalo, Hawaii?

There are an estimated 1,371 housing units in the Waimanalo area. Of these, 338 units are rental homes, making up 25 percent of the housing market. For every renter household in Waimanalo, Hawaii, there are 1 rental units.

What is the vacancy rate for rentals in Waimanalo?

The rental vacancy rate in Waimanalo is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Waimanalo for each bedroom size?

Occupied Rental Units by Size in Waimanalo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 53 79 109 18
Occupied Rental Units by Size in Waimanalo

A large number of apartments in Waimanalo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Waimanalo are overburdened by housing costs?

Among renter households in this market, 28 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Waimanalo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,573 to $3,822. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,573
One BR $1,720
Two BR $2,252
Three BR $3,174
Four BR $3,822
2024 Fair Market Rents in Waimanalo, Hawaii

How many units are rented at Fair Market Rent (FMR) in Waimanalo?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 31 78 percent
One BR 31 58 percent
Two BR 16 20 percent
Rental Units Below FMR in Waimanalo, Hawaii

How many affordable rental units are in Waimanalo?

There are a variety of federal affordable housing programs serving households in Waimanalo, Hawaii including the following:

Federal Program Unit Count
Public Housing 67
Tracked Units by Federal Program in Waimanalo, Hawaii

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Waimanalo, Hawaii

Waimanalo features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Waimanalo, Hawaii

There are 166 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waimanalo.

Housing Choice Vouchers in Waimanalo, Hawaii

On average, Section 8 Housing Choice vouchers pay Waimanalo landlords $1,300 per month towards rent. The average voucher holder contributes $500 towards rent in Waimanalo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Waimanalo, Hawaii for a two-bedroom apartment is between $2,027 and $2,477.

Sourced from federal housing data and AffordableHousingOnline.com research.