Property Managers in Hilo, HI
Compare top property management companies in Hilo, HI. Review services and vetting status, then reach out or request a free quote.
Rental market in Hilo: rising rents
In Hilo, Census median gross rent rose about 28.0% over the last five years, rents on a clear upward path. The same data shows vacancy near 18.4%, three-bedroom rents about 11% above the U.S. average, and renters in 26.0% of homes. The typical home is valued near $519,300, and the median household earns about $78,639 a year, with renters spending a median 30.7% of income on rent.
Market at a glance
Rents & affordability
People & households
Housing stock
Jobs
In Hilo, a professional property manager can take on pricing, marketing, screening, collections, and upkeep so you do not have to. About 80.5% of local housing is single-family, a common focus for rental owners. With vacancy near 18.4%, rent positioning and days on market can shape your return. Area unemployment is 2.9% as of August 2026. Browse the managers here and request pricing.
Pricing shown is long-term residential, not short-term or vacation. Non-residential and commercial rents follow the same local direction as a rule, so the residential deviations above give you a fair read.
Frequently asked questions
Are rents rising in Hilo?
In the past five years, Census median gross rent rose close to 28.0%.
How do rents in Hilo compare to the national average?
Compared with the U.S. average: two-bedroom +12%, three-bedroom +11%, four-bedroom +6%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.
How strong is rental demand in Hilo?
Roughly 26.0% of the housing is renter-occupied, and the population of 205,769 grew 3.2% over five years. Vacancy runs near 18.4%.
Is Hilo a good market for rental property?
Tenants have options here, so pricing and low turnover matter. Renters make up 26.0% of households and vacancy sits near 18.4%. Three-bedroom rents run about 11% above the national average, and rents rose about 28.0% over five years.
Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).

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