Cheap Apartments for Rent in Hilo, HI
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Average Rent Trends in Hilo, HI
Rent in Hilo, HI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,200 |
| Jul 2025 | $2,400 |
| Aug 2025 | $2,134 |
| Sep 2025 | $2,313 |
| Oct 2025 | $2,134 |
| Nov 2025 | $2,000 |
| Dec 2025 | $2,000 |
| Jan 2026 | $2,050 |
| Feb 2026 | $1,980 |
| Mar 2026 | $1,900 |
| Apr 2026 | $2,250 |
| May 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,400 | $2,200 | $2,550 | $2,800 | $2,200 |
| Townhomes | — | $3,800 | $2,650 | — | $2,650 |
| Apartments and Condos | $1,278 | $2,200 | $2,500 | — | $1,850 |
| Houses | $2,311 | $2,200 | $2,600 | $2,800 | $2,500 |
Frequently Asked Questions about Rentals in Hilo, HI
- What is the average rent of an apartment in Hilo, HI?The average rent of an apartment in Hilo, HI is $1,458 per month. This is about 24% lower than the national average.
- What is the average rent of a house in Hilo, HI?The average rent of a house in Hilo, HI is $2,500 per month. This is about 30% higher than the national average.
- What is the average rent of a townhome in Hilo, HI?The average rent of a townhome in Hilo, HI is $2,650 per month. This is about 37% higher than the national average.
- When is the average rent cheapest in Hilo, HI?In the last year, the average rent in Hilo, HI was lowest in Feb 2025 when it was $1,775 per month.
- When is the average rent most expensive in Hilo, HI?In the last year, the average rent in Hilo, HI was highest in Jul 2025 when it was $2,400 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Hilo, HI?The average rent of a 1 bedroom apartment in Hilo, HI is $1,400 per month. That is about $225 less than the cost of a studio apartment.
- How many available rental listings are in Hilo, HI?There are 77 available rental listings in Hilo, HI.
- What are some zip codes in Hilo, HI?
- What are some cities near Hilo, HI?Some nearby cities include: Papaikou, Pepeekeo, Honomu, Mountain View, Ninole. These cities may have more rental options to explore.