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Studio Apartments for Rent in Hilo, HI

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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
  • /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
  • /19

    $1,200 Per Month

    • Studio
    • 1 Bath
    • 655 A Hinano St. Studio

    655A Hinano St, Hilo, HI 96720

    **Rent Price** $1,200/month$1,200/security deposit No pets. Internet and trash pickup included Tenants are billed separately for electricity, water, and sewer**Fully Furnished Hilo Rental — Location, Comfort & Incredible Value! **Live where convenience meets comfort! This beautifully furnished Hilo rental gives you an easy, stress-free

    655A Hinano 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

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 $2,134 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 $85,360 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 $2,134 per month in Hilo, HI, renters typically need to show $6,402 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 21.4, 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
4
Median Rent
$2,134
Median Single Family Home Rent
$2,400
Median Townhouse Rent
$2,400
Median Condo Rent
$1,950
How to Rent a Home