
Cheap Apartments for Rent in Hilo, HI from $700 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Hilo.


Hilo Lagoon Centre

84 Pukihae St

Hale Kahakai

Ululani Street Apartments

University Palms

594 Hinano St

485 Laukapu St

MaunaLoa Shores
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

128-134 Kilauea Ave

83 Kapiolani St

40 Maile St

7 Vierra Ln

53 Akekeke St

Hale Huki

274 E Lanikaula St

218 Kapiolani St

95 Kapiolani St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

94 Kapiolani St

1303 Kalanianaole Ave

33 Hualalai St

366 Lehua St

Pacific Heights Townhouses

111 Wainaku St

Hale Nene

Kalani Condominiums

360 Kauila St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Wailuku Park Townhouses

136-140 Wainaku St

106 Wainaku St

124 B Kapiolani St

Kawili Regency

15 Kanoa St

121 Kapiolani St

Lobin-Hung Building

Waiakea Village
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.

Hilo Val Hala

E Komo Mai Apartments

1370 Ululani St

Anela Apartments

Malia Apartments

Riverside Apartments

451 Waianuenue Ave

Hale Hinano Apartments

Alii Kai Apartments
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.

Sonomura Apartments

Hale Hoaloha Apartments

337 Ululani St

Haili Elderly Apartments
Hilo, HI Local Guide

How much does it cost to rent an apartment in Hilo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Hilo 2 Bedroom Apartments | $1,650 | $1,650 | $1,650 |
| Cheap Hilo 3 Bedroom Apartments | $2,211 | $1,950 | $2,450 |
Browse Top Apartments in Hilo
See all Apartments in HiloExplore Hilo
Hilo, HI Local Guide
- Hilo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Hilo, HI
Pricing Updated: 01/13/2026Current 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 |
|---|---|---|---|
| Puu Eo Ahupua`a | $2,200 | $1,650 | 2 |
Cheapest Available Hilo Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City View Apartments | CV 2-BR | 2BR,1BA | $1,650 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Hilo, HI
Hilo Union Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hilo, HI Rentals by Map
See the most popular apartments and homes in Hilo, HI
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!