1551 Ala Wai Blvd
1551 Ala Wai Blvd,
Honolulu, HI 96815
$5,500 | 2 Beds
Ala Moana-Kakaako provides the best of both worlds: urban living right across the street from gorgeous Hawaiian beaches. Perfect for renters of all ages, Ala Moana-Kakaako has rentals for every budget and taste ranging from affordable, cozy apartments to lavish condos with panoramic views of the Pacific Ocean. Resting along the southern coast of the island, about two miles from Downtown Honolulu, these two adjacent neighborhoods boast some of the best shopping, dining, and entertainment options along with several picturesque beaches and parks.
As one of Honolulu’s thriving commercial centers, Ala Moana-Kakaako is a shopper’s paradise with an abundance of shopping centers, diverse grocery stores, surf shops, department stores, and more. Tourists and locals alike flock to Ala Moana Center, a high-end four-level shopping mall. Foodies delight in the neighborhood’s diverse eateries serving up fresh seafood, international cuisines, and authentic eats like classic Hawaiian poke. With year-round perfect weather, every day can be a beach day in Ala Moana-Kakaako. Ala Moana Beach, Magic Island, Ala Moana Regional Park, and Kakaʻako Waterfront Park offer awe-inspiring views of the ocean and are perfect for walking, fishing, surfing, and more. After hours, visit one of Ala Moana-Kakaako’s vibrant bars and breweries. Ala Moana-Kakaako is also home to the Neal S. Blaisdell Center, the Hawaiʻi Convention Center, and several other event venues which adds even more to do in this bustling hub. Ala Moana-Kakaako is less than 15 minutes away from Downtown Honolulu, giving you access to even more amenities.
As of March 2025, the average apartment rent in Ala Moana-Kakaako is $1,322 for a studio, $2,006 for one bedroom, and $2,668 for two bedrooms. Apartment rent in Ala Moana-Kakaako has increased by 1.4% in the past year.
Studio
202 sq ft
Average Sq Ft
$1,322/month
Average Rent
1 BR
505 sq ft
Average Sq Ft
$2,006/month
Average Rent
2 BR
740 sq ft
Average Sq Ft
$2,668/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.