Cheap Apartments for Rent in Hilo, HI from $700 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hilo.

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Lobin-Hung Building
Studio to 1 Bedroom Apartments

Lobin-Hung Building

110 Haili StHilo, HI 96720
  • Utilities Included
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Waiakea Village
Studio to 1 Bedroom Apartments

Waiakea Village

399 Hualani StHilo, HI 96720
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University Palms
2 to 5 Bedroom Apartments

University Palms

1377 Kapiolani StHilo, HI 96720
Student Housing
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Hilo Val Hala
1 to 2 Bedroom Apartments

Hilo Val Hala

120 Puueo StHilo, HI 96720

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.

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485 Laukapu St
1 Bedroom Apartments

485 Laukapu St

485 Laukapu StHilo, HI 96720
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Malia Apartments
1 Bedroom Apartments

Malia Apartments

127 Puueo StHilo, HI 96720
  • Utilities Included
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128-134 Kilauea Ave
Studio to 3 Bedroom Apartments

128-134 Kilauea Ave

128-134 Kilauea AveHilo, HI 96720
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84 Pukihae St
2 Bedroom Apartments

84 Pukihae St

84 Pukihae StHilo, HI 96720
  • Utilities Included
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83 Kapiolani St
Studio to 2 Bedroom Apartments

83 Kapiolani St

83 Kapiolani StHilo, HI 96720
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40 Maile St
2 to 3 Bedroom Apartments

40 Maile St

40 Maile StHilo, HI 96720
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Hale Hinano Apartments
Studio to 2 Bedroom Apartments

Hale Hinano Apartments

466 Hinano StHilo, HI 96720
  • Utilities Included
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53 Akekeke St
Studio Apartments

53 Akekeke St

53 Akekeke StHilo, HI 96720

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.

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94 Kapiolani St
2 Bedroom Apartments

94 Kapiolani St

94 Kapiolani StHilo, HI 96720
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Hale Kahakai
1 to 3 Bedroom Apartments

Hale Kahakai

2405 Kalanianaole AveHilo, HI 96720
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Hale Huki
1 to 3 Bedroom Apartments

Hale Huki

42 Wainaku StHilo, HI 96720
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95 Kapiolani St
1 Bedroom Apartments

95 Kapiolani St

95 Kapiolani StHilo, HI 96720

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.

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366 Lehua St
3 Bedroom Apartments

366 Lehua St

366 Lehua StHilo, HI 96720
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111 Wainaku St
1 Bedroom Apartments

111 Wainaku St

111 Wainaku StHilo, HI 96720
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337 Ululani St
1 to 2 Bedroom Apartments

337 Ululani St

337 Ululani StHilo, HI 96720

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.

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Hale Nene
1 Bedroom Apartments

Hale Nene

66 Wainaku StHilo, HI 96720
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Kawili Regency
3 Bedroom Apartments

Kawili Regency

34 E Kawili StHilo, HI 96720

Hilo, HI Local Guide

Cheapest Neighborhoods for Apartments in Hilo, HI

Pricing Updated: 06/13/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Puu Eo Ahupua`a$1,950$1,5003
Waiākea Homesteads$3,200$8751

Cheapest Available Hilo Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
City View ApartmentsCV 2-BR2BR,1BA$1,650

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Hilo, HI Rentals by Map

View MapHilo, HI Apartments MapView MapHilo, HI Rental Homes Map

Getting Around Hilo, HI

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.

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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.