60 Nohea St
HiloHI96720
Cheap Homes for Rent in Hilo, HI from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Hilo.
15-1721 25th Ave
KeaauHI96749
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
18-2050-2050 Nau Nani Rd
Mountain ViewHI96771
1365 Kalanianaole St
HiloHI96720
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
25-80-80 Pukana la St
HiloHI96720
16-1599-1599 36th Ave
KeaauHI96749
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Showing Results 1-6, Page 1 of 1
Hilo, HI Local Guide
Pounders Beach by Floyd Manzano is licensed under CC BY 2.0
How much does it cost to rent a home in Hilo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hilo 2 Bedroom Homes for Rent | $1,969 | $1,500 | $2,700 |
| Hilo 3 Bedroom Homes for Rent | $2,600 | $2,100 | $4,000 |
| Hilo 4 Bedroom Homes for Rent | $10,725 | $1,850 | $10,000+ |
| Hilo 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Hilo 6 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
Browse Top Homes for Rent in Hilo
Explore Hilo
Hilo, HI Local Guide
- Hilo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Hilo, HI
Pricing Updated: 05/15/2025Current apartment rentals in the Hilo, HI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Hilo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Punahoa 2 Ahupua`a | $1,600 | $1,600 | 1 |
| WaiÄkea Homesteads | $4,300 | $775 | 6 |
| Papaikou | $35,000 | $2,400 | 3 |
| Puu Eo Ahupua`a | $35,000 | $1,850 | 4 |
Cheapest Available Hilo Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City View Apartments | CV 2-BR | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Hilo, HI
As of May 16, 2025 the best value apartment in the Hilo area is the $1.30 price per square foot 600 Hoaka Rd Model at 600 Hoaka Rd, Unit Retreat Studio in the in the WaiÄkea Homesteads neighborhood starting from $1,300. The second greatest value Hilo apartment is the CV 3-BR Model at City View Apartments starting at $1,950 with a $2.40 price per square foot in the Puu Eo Ahupua`a neighborhood. Here is today’s list of the best values for Hilo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 600 Hoaka Rd, Unit Retreat Studio | 600 Hoaka Rd | Studio ,1BA | $1.30 |
| City View Apartments | CV 3-BR | 3BR,1BA | $2.40 |
Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Frequently Asked Questions about Hilo
What type of rentals are currently available in Hilo?
There are currently 71 Apartments for Rent in Hilo, HI with pricing that ranges from $900 to $1,995. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hilo ranging from $775 to $35,000.
What is the current price range for Rental Homes in Hilo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hilo ranges from $775 to $35,000 with an average monthly rent of $3,621.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.