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Free or discount parking in Waikiki
At the Waikiki Banyan it used to be $5 or $7 for 24 hours. Not sure if they still have that price. If you're planning on parking on the street overnight yeah you have to be careful of the parking rules and break in.
I always park at the Zoo when I'm going to Waikiki. It's $0.25 an hour, but you can only feed the meter for four hours at a time. Still, it's the best place to park (that I've found) in Waikiki.
The zoo parking is enforced 24 hours. Your best bet is at the Waikiki Banyan at $10 for 24 hours access. It is basically across the street (Kuhio) from the Marriott.
Pete... you could park overnight at the Zoo, in theory, if you were willing to come back and feed the meter every 4 hours. But, if not, the meter would run out and they are pretty quick giving out tickets. It's pretty well policed. For that reason, I feel safe parking my car there at night if I go out to Waikiki with friends. For overnight parking, you're probably better off paying the extra money to secure an overnight stall at a hotel :(
Parking at Ala Moana is not a bad idea. With DUI road blocks at almost every artery outside of Waikiki it's a pretty good idea even if you just plan to go into Waikiki for the an evening. I recall reading a review in Yelp about a hotel at the zoo end of Waikiki that was not a really nice hotel but they did have cheap parking ala 9/day. I wish I could have found that review for you. My suggestion would be to spend the parking money on a taxi and when you need a car call Enterprise to pick you up. Don't forget about The Bus, especially for going to places like Ala Moana Shopping Center or the Arizona Memorial.
No, you do NOT have to be a resident of the Banyan to purchase the pass. What they do is they give you a ticket that is date stamped on the back along with your license plate number. Then also write your license plate number on a clipboard so that you don't get your car towed. You put that ticket on the lower left side of the window by your VIN number and that's it. Every time you pull into the garage by the stop sign, they check it. Sometimes on the way out, they check it.
I did notice the EWA hotel that's close by is also doing a $10 parking. I took a picture of that but I haven't had the time to upload it.
Oh, If you want to go the cheaper route, you can do this. Parking along the streets of Paoakalani and the other streets that are metered are only from 7-6pm. After that, you can park your car at the meter areas without putting in change. Sooo....if you have all the time in the world there, you can probably park at the zoo during the day time and then park at the street (if you can find a spot) in the night time.
Also, if you just keep going on Kalakaua, you will eventually end up in the park that has no meters. Some people on Yelp didn't recommend parking there but that was originally my backup plan. I've checked the area and tho there is homeless that lingers around, I don't think your car would be in any harm if you don't leave valuables and if you move your car every day. This would also be a cheap alternative to parking at the Banyan. If you have a lot to carry in and out of the hotel room, I would just pay for the garage, it would save you a bit of time.
There is cheap 24 hour parking in the Diamond Parking lot at the Ala Wai boat harbor near the Ilikai and Hilton Grand Waikikian at other end of Waikiki (from Ala Moana, turn south on Hobron, then west onto Holomoana Street, go around the curve and look on for blue signs that say "Paid Parking"). It costs $0.25 per hour, patrolled around the clock but leave nothing inside you car. Cash only in a machine in blocks of 1-6,8,12,24 hours; no change given. Be sure to put the ticket on your dashboard. There are also some free, hard to get day-time spaces for recreational and harbor users; you'll get towed if you leave car overnight. Bus line goes right along Ala Moana.
Ok Koa Street behind the Hyatt Regency there is an indoor garage. Not sure if they are 24 hours but they charge like $8 for a long time. Might wanna check that place out.
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