Low Income Apartments and Affordable Housing For Rent in Hilo, HI (2024)

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Discover affordable housing in Hilo where there are 15+ 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

bed1

Riverside Apartments

333 Ohai St, Hilo, Hawaii 96720

bed1-3

Shdc No. 2

192 Mohouli St, Hilo, Hawaii 96720

Hale Ulu Hoi II

1305 Ululani St, Hilo, Hawaii 96720

Haili Elderly Apartments

227 Haili Street, Hilo, Hawaii 96720

Hale Hoaloha Apartments

119 W Lanikaula Street, Hilo, Hawaii 96720

Mohouli Heights Senior Neighborhood

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

bed1

Hale Na Koa 'O Hanakahi

118 West Kawili St., Hilo, Hawaii 96720

E Komo Mai Apartments

816 Kinoole St, Hilo, Hawaii 96720

Lanakila Homes

19 Pamala Pl, Hilo, Hawaii 96720

Hilo Hale Ohana

1370 Ululani St, Hilo, Hawaii 96720

2020 Kinoole Senior Residences

2020 Kinoole St, Hilo, Hawaii 96720

Lincoln Courtside

400 Kinoole St, Hilo, Hawaii 96720

Hilo Maile Terrace

40 Maile 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.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InHilo, Hawaii

$38.07/hour

$24.07

(+172%) more thanHawaii minimum wage and

$30.82

(+425%) more than the Federal minimum wage.

Learn More About Hilo, Hawaii AffordableHousing ↓

What HUD offices serve Hilo, Hawaii?

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

County of Hawaii Office of Housing and Community Development

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

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

How many renters live in Hilo, Hawaii?

The City of Hilo haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 32.03percent of the population living in Hilo.

What is the rental market like in Hilo, Hawaii?

There are an estimated housing units in theHilo area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Hilo, Hawaii, there are1.08 rental units.

What is the vacancy rate for rentals in Hilo?

The rental vacancy rate in Hilo is 5 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

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

Occupied Rental Units by Size in Hilo
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
5758761,7702,163475

Occupied Rental Units by Size in Hilo

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

How Much Is Rent in Hilo

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

Bed Size2024 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 FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio48083 percent
One BR85097 percent
Two BR1,37278 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 inHilo, Hawaii including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
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 andutilities.

Low Rent Apartments in Hilo, Hawaii

There are 385 rent subsidized apartments that do notprovide 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 holdercontributes $400 towards rent inHilo.

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

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Do not pay for HUD applications.

It is against the law to charge for Section 8, Public Housing, and other HUD housing applications.

What Renters Say About Us

Margaret L. Bost says:

"I'm really happy I found Affordable Housing Online. Thank you so much for helping people with low incomes to be able to achieve their dream."

Low Income Apartments and Affordable Housing For Rent in Hilo, HI (2024)
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