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Studio Apartments
Orchid Manor
355 Kalanianaole AveHilo, HI 96720
Cheap Apartments for Rent in Hilo, HI from $1,500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Hilo.
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Studio Apartments
Hilo Lagoon Centre
101 Aupuni StHilo, HI 96720
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1 to 2 Bedroom Apartments
Bayshore Towers
84 Pukihae StHilo, HI 96720
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1 to 3 Bedroom Apartments
Hale Kahakai
2405 Kalanianaole AveHilo, HI 96720
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Studio Apartments
594 Hinano St
594 Hinano StHilo, HI 96720
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1 Bedroom Apartments
Ululani Street Apartments
10 Ululani StHilo, HI 96720
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2 to 5 Bedroom Apartments
University Palms
1377 Kapiolani StHilo, HI 96720
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Studio Apartments
MaunaLoa Shores
1875 KalanianaoleHilo, HI 96720
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1 Bedroom Apartments
485 Laukapu St
485 Laukapu StHilo, HI 96720
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Studio to 3 Bedroom Apartments
128-134 Kilauea Ave
128-134 Kilauea AveHilo, HI 96720
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2 to 3 Bedroom Apartments
40 Maile St
40 Maile StHilo, HI 96720
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Studio to 2 Bedroom Apartments
83 Kapiolani St
83 Kapiolani StHilo, HI 96720
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Studio Apartments
53 Akekeke St
53 Akekeke StHilo, HI 96720
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Studio Apartments
7 Vierra Ln
7 Vierra LnHilo, HI 96720
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Studio Apartments
274 E Lanikaula St
274 E Lanikaula StHilo, HI 96720
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1 Bedroom Apartments
95 Kapiolani St
95 Kapiolani StHilo, HI 96720
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1 Bedroom Apartments
218 Kapiolani St
218 Kapiolani StHilo, HI 96720
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2 Bedroom Apartments
94 Kapiolani St
94 Kapiolani StHilo, HI 96720
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1 to 3 Bedroom Apartments
Hale Huki
42 Wainaku StHilo, HI 96720
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Studio to 1 Bedroom Apartments
Lobin-Hung Building
110 Haili StHilo, HI 96720
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Studio to 1 Bedroom Apartments
Waiakea Village
399 Hualani StHilo, HI 96720
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 to 2 Bedroom Apartments
Hilo Val Hala
120 Puueo StHilo, HI 96720
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1 Bedroom Apartments
E Komo Mai Apartments
816 Kinoole StHilo, HI 96720
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Studio Apartments
1370 Ululani St
1370 Ululani StHilo, HI 96720
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1 Bedroom Apartments
Anela Apartments
490 Laukapu StHilo, HI 96720
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1 Bedroom Apartments
Malia Apartments
127 Puueo StHilo, HI 96720
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1 to 3 Bedroom Apartments
Riverside Apartments
333 Ohai StHilo, HI 96720
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1 Bedroom Apartments
451 Waianuenue Ave
451 Waianuenue AveHilo, HI 96720
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Studio to 2 Bedroom Apartments
Hale Hinano Apartments
466 Hinano StHilo, HI 96720
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1 to 2 Bedroom Apartments
Alii Kai Apartments
1365 Kalanianaole AveHilo, HI 96720
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Studio Apartments
Sonomura Apartments
270 Mohala PlHilo, HI 96720
Showing Results 1-31, Page 1 of 1
Hilo, HI Local Guide
How much does it cost to rent an apartment in Hilo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Hilo 1 Bedroom Apartments | $1,750 | $1,500 | $2,000 |
| Cheap Hilo 2 Bedroom Apartments | $1,850 | $1,800 | $1,900 |
| Cheap Hilo 3 Bedroom Apartments | $2,193 | $2,000 | $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: 08/31/2026Current apartment rentals in the Hilo, HI area range in price from $1,500 to $2,450 with an overall median price of $1,993. Here is today’s list neighborhoods with the lowest median pricing for Hilo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| WaiÄkea Homesteads | $1,850 | $1,800 | 2 |
| Puu Eo Ahupua`a | $2,065 | $1,500 | 4 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick 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.
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Best Local Schools in Hilo, HI
Hilo Union Elementary School
Hawaii Department Of Education
Public School - Grades PK-5 (449)
8 out of 10
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.