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Studio Apartments for Rent in Hilo, HI

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    $2,100 Per Month

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

    2979 Kaiwiki Rd, Hilo, HI 96720

    Property Id: 2708504Private 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 upcountry cool

    2979 Kaiwiki Rd, Hilo, HI 96720
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    $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
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    $1,700 Per Month

    • Studio
    • 1 Bath
    • Townhouse for Rent

    101 Aupuni St, Hilo, HI 96720

    Rent: $1,700/monthSecurity Deposit: $1,700 (refundable)Application Fee: $50 per adult*Utilities Included: Internet, Cable, Electricity, Water, A/CDiscover easy island living in this thoughtfully renovated studio offering comfort, style, and breathtaking scenery. The updated interior features a contemporary kitchenette complete with new cabinetry, sleek countertops, and a new

    101 Aupuni St, Hilo, HI 96720
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    $1,175 Per Month

    • Studio
    • 1 Bath
    • 323 Sq Ft
    • Large Studio w/Lanai

    1303 Kalanianaole St Unit 7, Hilo, HI 96720

    Large, unfurnished studio with a lanai, an open, efficient space featuring high ceilings that enhance the room’s sense of volume. The unit includes a private lanai for outdoor lounging, and residents have access to on-site USPS mailboxes for convenient mail pickup. Located close to the beach, this studio offers easy access to coastal recreation and local amenities. Ideal for those seeking a

    1303 Kalanianaole St Unit 7, Hilo, HI 96720
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    $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
  • /7

    $1,800 Per Month

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

    355 Kalanianaole St, 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, 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 July 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 21.5, 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
6
Median Rent
$2,134
Median Single Family Home Rent
$2,200
Median Townhouse Rent
$2,967
Median Condo Rent
$1,975
How to Rent a Home