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 numbers also show 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
Professional property management in Hilo typically covers pricing, listings, tenant screening, rent collection, and repairs. 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. See the managers above and ask for a free quote.
Figures reflect long-term residential rentals, not short-term or vacation rentals. Commercial and other non-residential rents are not shown, but they tend to move with the local residential market, so the pattern above still points you in the right direction.
Frequently asked questions
Are rents rising in Hilo?
Census median gross rent rose about 28.0% over the last five years.
How do rents in Hilo compare to the national average?
Versus the national 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?
About 26.0% of homes are 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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