Hilo, HI Real Estate

According to census data in the year 2000 there were 16,028 housing units in Hilo. This represents a 13.4% growth from 14,134 in 1990.

Of those housing units, 14,374 were located in either urbanized areas or urban clusters, and 1,654 were located in what is classified as a rural area.

Homeownership rate in Hilo is about 60.8%. Hilo's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Hilo were built after 1973.


Housing Size

Housing Units by Size
Studio Type8.20%
One Bedroom12.60%
Two Bedrooms21.20%
Three Bedrooms43%
Four Bedrooms12.10%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1974
Median Value of occupied units$153,800
Median Price asked for vacant units$141,300

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1972
Median Monthly Rent asked for vacant units$406

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.50%
Home Equity Loan13.40%
Simple Mortgage41.90%
Debt Free35.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%