2770 Pulima Dr
2770 Pulima Dr,
Hilo, HI 96720
$3,000
3 Beds
Rental Market Trends in Hilo, HI
What is the average rent in Hilo, HI?
$1,149/month
Average Rent
492 Sq Ft
Average Apartment Size
-4.8%
Decrease in the Last Year
As of April 2026, the average rent in Hilo, HI is $1,149 per month. This is 30% lower than the national average rent of $1,641/month, making renting in Hilo more affordable than most cities in the US. When you rent an apartment in Hilo, you can expect to pay about $1,156 per month for a studio, $1,149 for a one-bedroom apartment, and around $856 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,984 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Hilo, HI?
In the past year, rent has decreased by 4.8%, which averages out to $54 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Hilo, HI
Last Updated April 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 $1,149, you’ll want to make about $3,830 per month or $45,960 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 46.2% higher than the national average. Generally, housing in Hilo is 48.6% more expensive than the national average, with rent falling between $856 - $1,984. You can expect to pay 48.8% more for groceries, 118.1% 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.
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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 February 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.