Low Income Apartments and Affordable Housing For Rent in Hilo, HI

Discover affordable housing in Hilo where there are 25+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Kamana Elderly

145 Kamana St, Hilo, Hawaii 96720

bed 1

Hale Hoaloha Apartments

119 W Lanikaula Street, Hilo, Hawaii 96720

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Riverside Apartments

333 Ohai St, Hilo, Hawaii 96720

bed 1-3

Shdc No. 2

192 Mohouli St, Hilo, Hawaii 96720

Hale Ulu Hoi II

1305 Ululani St, Hilo, Hawaii 96720

Hilo Hale

208 Wainaku St, Hilo, Hawaii 96720

Haili Elderly Apartments

227 Haili Street, Hilo, Hawaii 96720

Mohouli Heights Senior Neighborhood

555, 565, 571 Kupuna Pl, Hilo, Hawaii 96720

bed 1

2305 Kinoole St

2305 Kinoole St, Hilo, Hawaii 96720

bed 3
payment $1800/mo.

1074 Kaumana Dr

1074 Kaumana Dr, Hilo, Hawaii 96720

bed 3
payment $2000/mo.

62 Popolo St

62 Popolo St, Hilo, Hawaii 96720

bed 3
payment $2200/mo.

82D-22016082 Hoku St

82D-22016082 Hoku St, Hilo, Hawaii 96720

bed Studio
payment $650/mo.

1521 Kinoole St

1521 Kinoole St, Hilo, Hawaii 96720

bed 2
payment $1575/mo.

360 Kauila St Unit wainaku terrace

360 Kauila St Unit wainaku terrace, Hilo, Hawaii 96720

bed 2
payment $2000/mo.

600 Hoaka Rd Unit Retreat Studio

600 Hoaka Rd Unit Retreat Studio, Hilo, Hawaii 96720

bed Studio
payment $1200/mo.

188 Hale St

188 Hale St, Hilo, Hawaii 96720

bed 3
payment $2150/mo.

54 Kaumana Dr

54 Kaumana Dr, Hilo, Hawaii 96720

bed 2
payment $1800/mo.

444 Iloko St

444 Iloko St, Hilo, Hawaii 96720

bed Studio
payment $1200/mo.

Hale Na Koa 'O Hanakahi

118 West Kawili St., Hilo, Hawaii 96720

E Komo Mai Apartments

816 Kinoole St, Hilo, Hawaii 96720

How To Identify Affordable Housing in Hilo, Hawaii

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hilo, Hawaii
$38.07/hour
$24.07 (+172%) more than Hawaii minimum wage and $30.82 (+425%) more than the Federal minimum wage.
Learn More About Hilo, Hawaii Affordable Housing ↓

What HUD offices serve Hilo, Hawaii?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency programs for Hilo, Hawaii.

Go to the Hawaii Public Housing and Low-Income Apartments Waiting Lists page for openings near Hilo.

How many renters live in Hilo, Hawaii?

The City of Hilo has 47,627 people living in 16,752 households.

There are 15,256 renters living in 5,905 renter households in this City. Renters make up 32.03 percent of the population living in Hilo.

What is the rental market like in Hilo, Hawaii?

There are an estimated 18,656 housing units in the Hilo area. Of these, 6,356 units are rental homes, making up 34 percent of the housing market. For every renter household in Hilo, Hawaii, there are 1 rental units.

What is the vacancy rate for rentals in Hilo?

The rental vacancy rate in Hilo is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Hilo for each bedroom size?

Occupied Rental Units by Size in Hilo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
575 876 1,770 2,163 475
Occupied Rental Units by Size in Hilo

A large number of apartments in Hilo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Hilo are overburdened by housing costs?

Among renter households in this market, 44 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Hilo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,458 to $2,855. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,458
One BR $1,548
Two BR $2,010
Three BR $2,588
Four BR $2,855
2024 Fair Market Rents in Hilo, Hawaii

How many units are rented at Fair Market Rent (FMR) in Hilo?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 480 83 percent
One BR 850 97 percent
Two BR 1,372 78 percent
Rental Units Below FMR in Hilo, Hawaii

How many affordable rental units are in Hilo?

There are a variety of federal affordable housing programs serving households in Hilo, Hawaii including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 532
Public Housing 287
Section 8 Project-Based Rental Assistance 280
Section 202 Supportive Housing for the Elderly 39
Section 811 Supportive Housing for Persons with Disabilities 8
Tracked Units by Federal Program in Hilo, Hawaii

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Hilo, Hawaii

Hilo features 258 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Hilo, Hawaii

There are 385 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hilo.

Housing Choice Vouchers in Hilo, Hawaii

On average, Section 8 Housing Choice vouchers pay Hilo landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Hilo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hilo, Hawaii for a two-bedroom apartment is between $1,809 and $2,211.

Sourced from federal housing data and AffordableHousingOnline.com research.