
Cheap Apartments for Rent in Hilo, HI from $800 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Hilo.


Hilo Lagoon Centre

Bayshore Towers

Hale Kahakai

Pacific Heights Townhouses

University Palms

Ululani Street Apartments

594 Hinano St

485 Laukapu St
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.

MaunaLoa Shores

128-134 Kilauea Ave

83 Kapiolani St

40 Maile St

53 Akekeke St

7 Vierra Ln

274 E Lanikaula St

Hale Huki

218 Kapiolani St
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.

95 Kapiolani St

94 Kapiolani St

1303 Kalanianaole Ave

33 Hualalai St

366 Lehua St

111 Wainaku St

Hale Nene

Kalani Condominiums

360 Kauila St
Cash 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.

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

Hilo Val Hala
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.

Waiakea Village

1370 Ululani St

Anela Apartments

Malia Apartments

E Komo Mai Apartments

Hale Hinano Apartments

Riverside Apartments

451 Waianuenue Ave

Sonomura Apartments
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.

Alii Kai Apartments

337 Ululani St

Haili Elderly Apartments

Hale Hoaloha 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 | $1,800 | $1,800 | $1,800 |
Browse Top Apartments in Hilo
See all Apartments in HiloExplore Hilo
Hilo, HI Local Guide
- Hilo Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Hilo, HI
Pricing Updated: 06/01/2026Current 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 |
|---|---|---|---|
| Papaikou | $2,600 | $2,200 | 2 |
| Puu Eo Ahupua`a | $2,950 | $500 | 6 |
| WaiÄkea Homesteads | $3,225 | $1,750 | 11 |
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 ArticleReal 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.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.