Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hilo area can be challenging. Home prices in Hilo are now at a median cost of $366,108, lower than the Hawaii average of $682,000.
The average cost of rent is $1,252/mo in Hilo, primarily driven by the current value of real estate in the Hilo area. While nearly 47.86% of residents own their homes outright in Hilo, 35.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hilo is $6,112 per month. Households that rent pay about 20.49% of their income on rent here. Hilo's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Wainaku, HI: equally priced homes
- Waiakea, HI: less expensive homes
- Kukui, HI: higher priced homes
- Keaukaha, HI: less expensive homes
- Papaikou, HI: equally priced homes
- Kurtistown, HI: equally priced homes
- Piihonua, HI: higher priced homes
- Pepeekeo, HI: higher priced homes
- Keaau, HI: less expensive homes
- Onomea, HI: higher priced homes
Cities with Similar Populations
- Rohnert Park, CA: higher priced homes
- Morrisville, NC: equally priced homes
- Moses Lake, WA: less expensive homes
- Arlington, WA: higher priced homes
- Navarre, FL: less expensive homes
- Neenah, WI: less expensive homes
- Newbury Park, CA: higher priced homes
- North Atlanta, GA: higher priced homes
- North Tonawanda, NY: less expensive homes
- Northport, AL: less expensive homes
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