Studio Condos for Rent in Hilo, HI

/7
$1,800 Per Month
- Studio
- 1 Bath
- 496 Sq Ft
- Condo for Rent
355 Kalanianaole St Unit Orchid Manor, Hilo, HI 96720

Large and nicely furnished studio with comfortable lanai to hang out and enjoy the view. Dishes, linens, everything you need. Cable, Internet, gas, electric all included.The complex features a secure building, in-ground pool, on-site laundry, Hilo Bay views, Resident Manager, elevator & video security system.NO PETS. NO SMOKING! Appropriate taxes to be applied. Hawaii Tax

355 Kalanianaole St Unit Orchid Manor, Hilo, HI 96720
Explore Hilo
/27
$1,900 Per Month
- Studio
- 1 Bath
- 496 Sq Ft
- Condo for Rent
355 Kalanianaole St Unit 332, Hilo, HI 96720

Fully furnished extra large studio by Hilo Bay. The unit is air conditioned and all utilities, electricity, water, gas, TV cable, high speed Internet, etc. are included (except phone). Pergo flooring and full size refrigerator. gas range. All pots and pans, TV, dishes, linens and everything you need are included-just bring your toothbrush and clothes! Flat screen TV. Sit by the bay and read a

355 Kalanianaole St Unit 332, Hilo, HI 96720

Hawaii Hawaii County

Frequently Asked Questions

How much does it cost to rent a condo in Hilo, HI?

The median rent for a condo in Hilo, HI is $2,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Hilo, HI?

To comfortably afford the median rent in Hilo, HI, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Hilo, HI, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Hilo, HI?

In Hilo, HI, the price-to-rent ratio is 20.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Hilo, HI

There are currently 2 condos available for rent in Hilo, HI. The median rent is $2,000 per month, with 1-bedroom condos renting at $1,975, 2-bedroom condos at $3,000 and 3-bedroom condos at $2,132.

Rental Home Trends

Number of Condos for Rent 2	Median Condo Rent $2,000
Median 1 Bedroom Condo Rent $1,975	Median 2 Bedroom Condo Rent $3,000
Median 3 Bedroom Condo Rent $2,132

How to Rent a Home

Condos for Rent by Price in Hilo

Rentals in Hilo

Condos for Rent by Bedrooms in Hilo

More About Living in Hilo

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage