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Hilo, HI Homes for Rent

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  • /11

    $2,100 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • House for Rent

    2979 Kaiwiki Rd, Hilo, HI 96720

    Property Id: 2708504 Private Studio ohana unit on slopes of Mauna Kea, in a quiet neighborhood about 20 minutes from downtown Hilo, farmers market and shops. What you get: •400 square feet standalone structure •Fully furnished (queen bed, TV, dining table, dishes, everything) •Windows overlooking tropical garden, stream with waterfall •Ceiling fan plus great

    2979 Kaiwiki Rd, Hilo, HI 96720
  • /15

    $3,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,040 Sq Ft
    • House for Rent

    2770 Pulima Dr, Hilo, HI 96720

    Property Id: 1631862 3 Bed/2 Bath Fully furnished and includes utilities. Yard is 15,000 sq/ft about. Very safe area to live and friendly and great neighbors, cooler side of Hilo, 2000 feet elevation and away from the hustle and bustle, but still close enough to everything and every place you need like hospital, schools, shopping, dining, beach, downtown Hilo, waterfalls and Hilo airport.

    2770 Pulima Dr, Hilo, HI 96720
  • /17

    $2,850 Per Month

    • 2 Beds
    • 1 Bath
    • 1,140 Sq Ft
    • House for Rent

    134 Kapiolani St, Hilo, HI 96720

    Property Id: 2167177 Charming 1960s Hilo Bay Retreat in the Heart of Historic Hilo nestled in the vibrant Historic Hilo Bay District! This charming 1960s home blends vintage character with modern comforts, offering a unique and spacious retreat just steps from downtown Hilo’s eclectic shops, restaurants, and cultural attractions. With views of Hilo Bay from your room,

    134 Kapiolani St, Hilo, HI 96720
  • /7

    $2,700 Per Month

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • House for Rent

    2271 Kilauea Ave, Hilo, HI 96720

    Property Id: 2759369 *This property is ready to rent as of 9/1/2026* In Hilo Town 1 year lease 3 bedrooms. 1 bathroom Upstairs unit 3 parking spaces, 1 covered A/C window units Washer/Dryer Utilities not included No pets/smoking Applications accepted on a first come first serve basis.

    2271 Kilauea Ave, Hilo, HI 96720
  • /6

    $3,000 Per Month

    • 4 Beds
    • 2 Baths
    • 1,632 Sq Ft
    • House for Rent

    424 W Puainako St, Hilo, HI 96720

    Rare opportunity to rent a spacious four-bedroom home in Hilo, where rentals of this size are not often available. Ideally located just minutes from Hilo town, shopping, dining, schools, and everyday conveniences, this property offers an excellent combination of space, comfort, and accessibility. With four bedrooms and a versatile layout, the home provides plenty of room for family,

    424 W Puainako St, Hilo, HI 96720
  • /14

    $2,100 Per Month

    • 2 Beds
    • 1 Bath
    • 704 Sq Ft
    • House for Rent

    30 Maile St, Hilo, HI 96720

    *This unit is still available if you see this ad* Cozy 2 bedrooms and 1 bathroom single family home located in Hilo town. Close to UH and the Hospital. Clean unit with a carport. Available August 1, 2026 Tenant is responsible for all utilities and yard work. Minimum 6 months lease If interested in this property please visit and complete a rental application for each

    30 Maile St, Hilo, HI 96720
  • /11

    $2,134 Per Month

    • 3 Beds
    • 2 Baths
    • 1,572 Sq Ft
    • House for Rent

    93 E Kawili St, Hilo, HI 96720

    Welcome to this charming 3-bedroom, 2-bathroom home, located in the beautiful Hilo, HI. This property boasts a partially fenced yard, providing a perfect blend of privacy and openness. The home comes with landscaping included, ensuring a picturesque outdoor space without the maintenance hassle. Inside, you'll find a comfortable living environment maintained by an air conditioner, ensuring your

    93 E Kawili St, Hilo, HI 96720
  • /9

    $3,200 Per Month

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • House for Rent

    127 Kanoelani St, Hilo, HI 96720

    Beautiful 4-bedroom, 2 full bath, fully renovated home located in a great Hilo neighborhood. This spacious 1,920-square-foot home features an open-concept living room and large kitchen, creating a bright and inviting layout ideal for everyday living and entertaining. The home also includes a large dedicated office, perfect for working from home or additional flex space. Enjoy beautiful ocean

    127 Kanoelani St, Hilo, HI 96720
  • /13

    $1,658 Per Month

    • 2 Beds
    • 1 Bath
    • 695 Sq Ft
    • Condo for Rent

    485 Waianuenue Ave, Hilo, HI 96720

    Affordable and convenient 2-bedroom, 1-bath unit located in Hilo Terrace, a centrally located condominium complex near downtown Hilo. This bottom-floor corner unit features new interior paint, new carpet, updated appliances, and a remodeled kitchen and bathroom.The complex offers shared laundry facilities, an on-site resident manager, and access to a community pool. One assigned parking

    485 Waianuenue Ave, Hilo, HI 96720
  • /23

    $2,700 Per Month

    • 3 Beds
    • 2.5 Baths
    • House for Rent

    230 Kapualani St, Hilo, HI 96720

    Welcome to your dream home in Hilo, HI! This stunning 3-bedroom, 2.5-bathroom residence offers a perfect blend of comfort and convenience. The house comes with a range and refrigerator, ensuring your culinary adventures are well catered for. The property also includes yard service, so you can enjoy a well-maintained outdoor space without the hassle of upkeep. The location is a standout feature,

    230 Kapualani St, Hilo, HI 96720
  • /37

    $2,300 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,216 Sq Ft
    • House for Rent

    123 Punahele St, Hilo, HI 96720

    This 3 bedroom/ 1.5 bath home has been completely updated with new appliances, interior paint, and ceramic tile flooring in both baths. The original wood flooring in the living area and bedrooms has been refinished and brought back to life. Large picture windows in the living and dining area boast nearly panoramic views of down town Hilo and the bay. In addition, the louvered windows allow for

    123 Punahele St, Hilo, HI 96720
  • /6

    $2,000 Per Month

    • 3 Beds
    • 1 Bath
    • 725 Sq Ft
    • Condo for Rent

    19 Loulu Ln Unit B, Hilo, HI 96720

    Welcome to this charming 3-bedroom, 1-bathroom home located in the heart of Hilo, HI. This property boasts a spacious interior that allows for comfortable living and easy movement. The kitchen is equipped with essential appliances including a range and refrigerator, perfect for those who love to cook. The location is a standout feature, as it is nestled in the vibrant Hilo Town, offering a unique

    19 Loulu Ln Unit B, Hilo, HI 96720
  • /10

    $3,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,696 Sq Ft
    • House for Rent

    500 Kaanini St, Hilo, HI 96720

    Beautiful 3-bedroom, 2 full bath, recently renovated home located on a desirable corner lot with a very large front yard and a circle driveway for easy access and ample parking. Enclosed 2-car garage has a large storage room. The home features an open-concept living room and kitchen, creating a bright and spacious layout ideal for everyday living and entertaining. Split AC units in the living

    500 Kaanini St, Hilo, HI 96720
  • /9

    $1,900 Per Month

    • 2 Beds
    • 1 Bath
    • 894 Sq Ft
    • House for Rent

    22 Kula Place, Hilo, HI 96720

    This 2 bedroom, 1.5 bath post and pier home has an ocean view, is cute, clean, and conveniently located just 5 minutes to downtown. Close to shopping, dining, schools, and other amenities.Yard service is included. No Pets.Rent: $1900.00 plus GET $89.53 = $1989.53Security Deposit: $1900.00Tenant Responsible for Electric, Gas, Cable/Internet, Water.No Drugs, No

    22 Kula Place, Hilo, HI 96720
  • /5

    $1,500 Per Month

    • Studio
    • 1 Bath
    • 496 Sq Ft
    • Condo for Rent

    355 Kalanianaole St, Hilo, HI 96720

    Welcome to Orchid Manor Studio, a charming condo located in beautiful Hilo. It features a full bathroom with extra storage space, an open layout that allows for easy movement and a sense of openness, and high ceilings. The condo offers a range of amenities designed to enhance your living experience. An Air conditioning unit is available so that you stay cool during the warm summer days or save on

    355 Kalanianaole St, Hilo, HI 96720
  • /27

    $2,900 Per Month

    • 2 Beds
    • 2 Baths
    • 984 Sq Ft
    • Townhouse for Rent

    84 Pukihae St, Hilo, HI 96720

    FABULOUS PACIFIC OCEAN & COASTLINE VIEWS from every room! FULLY FURNISHED two bedroom, tow bathrooms. Flat screen TV, kitchen table and chairs, lamps, sheets, towels, and dishes, etc. Electric, water, sewer, cable, wireless, high-speed INTERNET, trash included. Building amenities include: Pool, Security Building, Resident Manager, Library, small gym & Laundry on-site. Walk to beaches,

    84 Pukihae St, Hilo, HI 96720
  • /27

    $2,900 Per Month

    • 2 Beds
    • 2 Baths
    • 984 Sq Ft
    • Condo for Rent

    84 Pukihae St Unit 405 - 1, Hilo, HI 96720

    FABULOUS PACIFIC OCEAN & COASTLINE VIEWS from every room! FULLY FURNISHED two bedroom, tow bathrooms. Flat screen TV, kitchen table and chairs, lamps, sheets, towels, and dishes, etc. Electric, water, sewer, cable, wireless, high-speed INTERNET, trash included. Building amenities include: Pool, Security Building, Resident Manager, Library, small gym & Laundry on-site. Walk to beaches,

    84 Pukihae St Unit 405 - 1, Hilo, HI 96720
  • /14

    $2,000 Per Month

    • 3 Beds
    • 2 Baths
    • 862 Sq Ft
    • House for Rent

    597 Kinoole St, Hilo, HI 96720

    3 bedroom, 2 bath unfurnished two-story home with an enclosed lanai space. 2 bedrooms, 1 bath upstairs with kitchen. Stairs in the hallway, downstairs has 1 bedroom, kitchen, bathroom, and lanai space.

    597 Kinoole St, Hilo, HI 96720
  • /13

    $2,000 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    332 Keawe St Unit 3, Hilo, HI 96720

    AC in Bedroom! Walk to everything. Groceries across the street, Farmers Market across the street, movies down the street, restaurants everywhere (and just down the stairs). Hilo Town shops. 1 br, 1 ba & kitchen with gas stove & full refrigerator above a popular restaurant right smack in downtown Hilo. Window AC in bedroom. Water (& hot water), sewer & gas are included. Includes

    332 Keawe St Unit 3, Hilo, HI 96720
  • /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
  • /13

    $2,000 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    332 Keawe St, Hilo, HI 96720

    AC in Bedroom! Walk to everything. Groceries across the street, Farmers Market across the street, movies down the street, restaurants everywhere (and just down the stairs). Hilo Town shops. 1 br, 1 ba & kitchen with gas stove & full refrigerator above a popular restaurant right smack in downtown Hilo. Window AC in bedroom. Water (& hot water), sewer & gas are included. Includes

    332 Keawe St, Hilo, HI 96720
  • /10

    $1,950 Per Month

    • 1 Bed
    • 1 Bath
    • 710 Sq Ft
    • Condo for Rent

    1911 Kalanianaole St Unit 502, Hilo, HI 96720

    Enjoy this comfortable, partially furnished 1-bedroom, 1-bath condo in Hilo with partial ocean views and a private lanai for relaxing outdoors. The unit includes in-unit washer/dryer convenience and access to building amenities such as an elevator and a swimming pool. Located close to coastal attractions and local services, this condo offers an easy-care living option in a desirable island

    1911 Kalanianaole St Unit 502, Hilo, HI 96720
  • /22

    $1,850 Per Month

    • 1 Bed
    • 1 Bath
    • 575 Sq Ft
    • Condo for Rent

    400 Hualani St, Hilo, HI 96720

    This Furnished unit in Waiakea Villas offers a fully furnished living space with one bedroom and one bathroom, ideal for immediate occupancy. The building provides onsite security, covered walkways, and maintained grounds. Residents have access to an outdoor pool, an onsite laundromat, designated mailboxes with mail onsite, and free parking. A bonus room adds flexible space for work or

    400 Hualani St, Hilo, HI 96720
  • /17

    $3,200 Per Month

    • 4 Beds
    • 3 Baths
    • 1,491 Sq Ft
    • House for Rent

    1770 Kilauea Ave, Hilo, HI 96720

    A freshly remodeled single-family home, with all new kitchen appliances. This property features 3 bedrooms, 2 bathrooms, open kitchen, and living area in the main section. A big bonus is two extra living/office spaces with appliances/facilities and it's own private entrance. There's a 2 vehicle carport as well as washer (new) and dryer.Absolutely convenient. This home is within walking

    1770 Kilauea Ave, Hilo, HI 96720
  • /6

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • 483 Sq Ft
    • Condo for Rent

    156 Kaumana Dr Unit 156 A, Hilo, HI 96720

    Conveniently located 1 bedroom 1 bathroom duplex with available for rent. This space is on the ground floor of a upstairs/downstairs duplex and was recently remodeled with new flooring, new kitchen cabinets, new range, newer refrigerator, and a fresh coat of paint throughout. The bathroom has new vanity, sink, toilet, flooring, and paint. The property overlooks a stream behind the property.

    156 Kaumana Dr Unit 156 A, Hilo, HI 96720
  • /10

    $2,600 Per Month

    • 2 Beds
    • 2 Baths
    • 1,328 Sq Ft
    • Condo for Rent

    2405 Kalanianaole St Unit 206, Hilo, HI 96720

    Large, partially furnished 2-bedroom, 2 bath unit with beautiful ocean and garden views. Spacious living area and covered lanai. Private washer and dryer. Located close to beaches, minutes from the ocean, close to town with multiple dining and shopping venues. Keyless entry to unit. Elevator available for convenient move in and swimming pool on-site.Appliances: Gas

    2405 Kalanianaole St Unit 206, Hilo, HI 96720
  • /12

    $3,100 Per Month

    • 3 Beds
    • 2 Baths
    • 1,260 Sq Ft
    • Townhouse for Rent

    44 Olena St, Hilo, HI 96720

    Spacious Hilo 3-Bedroom Home – Utilities & Lawn Care Included | $3,100/Month Enjoy comfortable Hilo living in this well-located 3-bedroom, 2-bath main home offering approximately 1,260 sq. ft. of living space, plus a private enclosed lanai off the primary bedroom and a 2-car garage. Rent includes electricity, water/sewer, and lawn care, providing added value and making monthly expenses

    44 Olena St, Hilo, HI 96720
  • /20

    $3,450 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,100 Sq Ft
    • House for Rent

    54 Kapalau Place, Hilo, HI 96720

    4 Bedroom 2 bath & a bath inside the laundry area. Home consists of a living room, family room, a 2-car garage with a storage room, hot water solar system, and PRV solar panels. The living area is approximately 2,100 sq feet. Included in the rent is electric, water, yard service, Orkin service quarterly inside and outside of the home, and yearly termite inspection. Dishwasher, range, and

    54 Kapalau Place, Hilo, HI 96720
  • /17

    $1,900 Per Month

    • Studio
    • 1 Bath
    • 496 Sq Ft
    • Townhouse for Rent

    355 Kalanianaole St, Hilo, HI 96720

    FRESHLY REMODELED! Beautifully decorated, fully furnished (including dishes, cookware and linens), with new appliances, furniture (queen sized memory foam bed), housewares, fresh paint, mirrored closets, etc. Entry, dressing area, bath and tub, kitchen area and lanai tiled with classic gray stone finish tile. Lanai has screen enclosure. Unit has window air conditioning and in secure

    355 Kalanianaole St, Hilo, HI 96720
  • /11

    $2,300 Per Month

    • 3 Beds
    • 1 Bath
    • 1,104 Sq Ft
    • House for Rent

    12 Maikai St, Hilo, HI 96720

    Totally renovated older home. Upstairs unit, with carport, above Hilo town, just a few minutes from Puainako Town Center, Prince Kuhio Mall, doctor's offices and other services. Owner's brother lives on property in rear unit. Owner will occupy downstairs unit periodically. Includes range, refrigerator, washer, dryer. Tenant responsible for electric, water, gas, cable, internet, phone. No

    12 Maikai St, Hilo, HI 96720
  • /22

    $2,700 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    105 Kaulike St, Hilo, HI 96720

    Lovely home in the Waiakea Heights subdivision. Newly painted interior and exterior porches and deck. 3 bedroom 2 bath open concept home with fireplace. No carpet. Ceramic tile flooring throughout. Enclosed garage and indoor laundry room. Includes range, refrigerator, washer, dryer and yard service. Available NOW! $2700/month.

    105 Kaulike St, Hilo, HI 96720
  • /16

    $3,400 Per Month

    • 4 Beds
    • 2 Baths
    • House for Rent

    345 Hoaka Rd, Hilo, HI 96720

    Beautiful 4-bedroom, 2-bath home close to Hilo town. This two-story property includes a beautiful functional kitchen, a comfortable 3 bedroom layout for multiple uses in close proximity and an open concept living room, built to accommodate both every day living and flexible entertaining. The additional bonus of a separated downstairs studio unit leaves room for an additional guest bedroom,

    345 Hoaka Rd, Hilo, HI 96720
  • /6

    $1,900 Per Month

    • 2 Beds
    • 1 Bath
    • 480 Sq Ft
    • Condo for Rent

    76 E Palai St Unit A, Hilo, HI 96720

    **This unit is available if you see this ad** Cozy 2 bedrooms and 1.5 bathroom home with a car carport. Laundry hook up available. Located less than two miles from Central Hilo (Prince Kuhio, Walmart, and Safeway) Energy-saving LED lights and light fixtures The tenant will be responsible for all utilities and yard work. Water will be billed bi-monthly based on actual

    76 E Palai St Unit A, Hilo, HI 96720
  • /22

    $2,500 Per Month

    • 4 Beds
    • 2 Baths
    • 1,940 Sq Ft
    • House for Rent

    286 Kehaulani St, Hilo, HI 96720

    This spacious home offers 4 bedrooms and 2 bathrooms, with 3 bedrooms and 1 bath upstairs and 1 bedroom and 1 bath downstairs, providing excellent flexibility for a variety of living arrangements. The downstairs area is ideal for guests, a recreation room, home office, or extended family living. The upstairs kitchen features solid-surface countertops, laminate flooring, a new refrigerator,

    286 Kehaulani St, Hilo, HI 96720
  • /2

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    151 W Kahaopea St, Hilo, HI 96720

    HILO- great neighborhood! 151 West KAHAOPEA ST. Large lot. *Older 2br/1ba fixer upper 2nd story duplex $1950 to $2250, (variable rate) + utilities. *Available in as is condition . Livable but needs work. TLC. *Has hot and cold water, electricity, lots of parking, quiet and peaceful neighborhood. Lots of giant lychee trees on a large, quiet lot. *Our

    151 W Kahaopea St, Hilo, HI 96720
  • /11

    $2,700 Per Month

    • 2 Beds
    • 2 Baths
    • 1,040 Sq Ft
    • Condo for Rent

    2405 Kalanianaole St Unit 507, Hilo, HI 96720

    Spacious unit overlooking expansive ocean views. One bedroom can open up to increase the living area or closed off to be the 2nd bedroom. Large master closet/bath area with plenty of storage space. Private laundry machines inside unit. Enjoy being walking distance to downstairs beach park. Common area BBQ Pits and POOL.Appliances: Range/Refrigerator/Dishwasher/Washer/Dryer/PoolUtils

    2405 Kalanianaole St Unit 507, Hilo, HI 96720
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    $2,400 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    199 Kehaulani St, Hilo, HI 96720

    Renovated 2-Bedroom Home in a Great Hilo Location — $2,400 per month plus GETEnjoy the convenience of living in a great Hilo location close to schools, and shopping center. This recently renovated 2-bedroom, 1-bathroom home at 199 Kehaulani St offers comfortable living in a convenient and established neighborhood.The home features a fresh, clean interior with updated flooring,

    199 Kehaulani St, Hilo, HI 96720
  • /14

    $2,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,664 Sq Ft
    • House for Rent

    2916B Ainaola Dr, Hilo, HI 96720

    Beautiful, partially furnished 3-bedroom, 2-bath home in Waiakea Uku offers comfortable living with practical features including an in-unit dishwasher and washer/dryer. All wood flooring throughout, two bedrooms located upstairs with a shared bathroom and shower. An enclosed lanai provides a versatile indoor-outdoor space, and a large yard offers room for gardening or outdoor activities. The

    2916B Ainaola Dr, Hilo, HI 96720
  • /13

    $1,800 Per Month

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft
    • "Cozy 2-Bed Gem in Panaewa, Hilo - Perfectly Conveniently Located!"

    83 Lama St, Hilo, HI 96720

    Delight in the tropical charm of 83a Lama Street, a cozy sanctuary nestled in the heart of Panaewa, Hilo. This inviting two-bedroom home offers 600 square feet of serene living space designed for comfort and ease. Awaken each day to the gentle sounds of nature, as lush greenery surrounds your new home, creating a peaceful oasis away from the hustle and bustle. The open layout seamlessly blends

    83 Lama St, Hilo, HI 96720
  • /17

    $1,900 Per Month

    • Studio
    • 1 Bath
    • 496 Sq Ft
    • Condo for Rent

    355 Kalanianaole St Unit 211, Hilo, HI 96720

    FRESHLY REMODELED!Beautifully decorated, fully furnished (including dishes, cookware and linens), with new appliances, furniture (queen sized memory foam bed), housewares, fresh paint, mirrored closets, etc. Entry, dressing area, bath and tub, kitchen area and lanai tiled with classic gray stone finish tile. Lanai has screen enclosure. Unit has window air conditioning and in secure

    355 Kalanianaole St Unit 211, Hilo, HI 96720

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Why Live in Hilo

Hilo, located on the east side of Hawaii's Big Island, is a town with about 45,000 residents. Known for its quieter atmosphere compared to the west coast, Hilo attracts visitors to its historic downtown and natural attractions like the Lili’uokalani Gardens and Rainbow Falls in Wailuku River State Park. The town experiences significant rainfall, contributing to its lush rainforests and gardens. Hilo’s climate is marked by gray skies and an annual rainfall of approximately 125 inches, making it the wettest city in the United States. The town's architecture includes many pre-World War II plantation-style homes with wide-hipped roofs and covered lanais, alongside newer homes built from the 1980s onward. Downtown Hilo is the hub for dining and shopping, featuring a variety of restaurants, the Hilo Farmers Market, and cultural sites like the Palace Theater. The Merrie Monarch Festival and the Hilo Orchid Society Annual Show and Sale are notable events that draw large crowds. Education in Hilo is highlighted by Waiakea High and St. Joseph School, both of which are highly rated. While Hilo Bay's funnel shape can exacerbate tsunamis, the community has implemented buffer zones and warning systems to mitigate risks. Traffic is generally light, with major roads like Hawaii Route 200 and Kamehameha Avenue being mostly free-flowing. Hilo International Airport primarily offers interisland flights, and the Hele-On Bus provides public transportation options.

Frequently Asked Questions

How much does it cost to rent a home in Hilo, HI?
The median rent for a home in Hilo, HI is $2,167 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $86,680 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 $2,167 per month in Hilo, HI, renters typically need to show $6,501 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 20.9, 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.

Rental Home Trends

Number of Homes for Rent
44
Median Rent
$2,167
Median Single Family Home Rent
$2,650
Median Townhouse Rent
$2,200
Median Condo Rent
$1,900
How to Rent a Home