2770 Pulima Dr
2770 Pulima Dr,
Hilo, HI 96720
2 Beds | $2,200
Rental Market Trends in Hilo, HI
Updated July 2026
The average rent in Hilo, HI is $1,152/month.
Rent in Hilo is 31% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,152/month
Average Rent
492 Sq Ft
Average Size
-2.3%
Change / Year
30
Available Apartments
Hilo rent varies by unit size and layout:
- Studio apartments in Hilo average $1,159 per month.
- One-bedroom apartments in Hilo average $1,152 per month.
- Two-bedroom apartments in Hilo average $859 per month.
- Three-bedroom apartments in Hilo average $1,990 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Hilo, HI?
In the past year, rent has decreased by 2.3%, which averages out to $26 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Hilo, HI
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
50%
$700 - $1,000/month
25%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Hilo, HI?
Because the average rent in Hilo is $1,152, you’ll want to make about $3,840 per month or $46,080 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Hilo, HI is 45.3% higher than the national average. Generally, housing in Hilo is 48.6% more expensive than the national average, with rent falling between $859 - $1,990. You can expect to pay 48.8% more for groceries, 106.8% more for utilities, and 45.5% more for transportation.
How does Hilo, HI compare to other nearby cities and neighborhoods?
Use the tool below to compare Hilo, HI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Hilo Area GuideApartment Communities in Hilo We Think You'll Love
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Frequently Asked Questions
What is the average rent in Hilo?
The average rent in Hilo is $1,152 per month, which is 30.7% lower than the national average of $1,663.
What is the average rent for a house in Hilo?
The average rent for a house in Hilo, HI is $2,756 per month.
Are rents going up or down in Hilo?
Rents in Hilo, HI are decreasing, with prices down 2.3% year-over-year and $26 less per month.
What rent range is most common in Hilo?
In Hilo, HI, 50% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.