Rental numbers for the Hilo, HI metro
The typical home here runs -$1,698 a month at 7.78% with 25% down, breaking even at about 1.0%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 4.3%
- 4 ZIPs with full data
- Cash flow
- -$1,698/mo
- at 7.78%, 25% down
- Typical price
- $571,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,442/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
24 with published figures
| 96778Pahoa | $288,000 | $1,883 | 7.8% | 5.0% | -$357 | n/a |
| 96777Pahala | $291,000 | $1,870* | 7.7% | 4.8% | -$397 | n/a |
| 96771Mountain View | $324,000 | $1,940* | 7.2% | 4.5% | -$545 | n/a |
| 96704Captain Cook | $453,000 | $2,550* | 6.8% | 4.1% | -$882 | n/a |
| 96760Kurtistown | $361,000 | $1,870* | 6.2% | 3.6% | -$850 | n/a |
| 96785Volcano | $364,000 | $1,870* | 6.2% | 3.6% | -$854 | n/a |
| 96772Naalehu | $402,000 | $1,870* | 5.6% | 3.2% | -$1,105 | n/a |
| 96728Honomu | $522,000 | $2,310* | 5.3% | 3.0% | -$1,522 | n/a |
| 96781Papaikou | $532,000 | $2,280* | 5.1% | 2.9% | -$1,582 | n/a |
| 96749Keaau | $467,000 | $1,870* | 4.8% | 2.5% | -$1,538 | n/a |
| 96720Hilo | $551,000 | $2,131 | 4.6% | 2.4% | -$1,847 | n/a |
| 96783Pepeekeo | $553,000 | $2,020* | 4.4% | 2.2% | -$1,953 | n/a |
| 96776Honokaa | $538,000 | $1,950* | 4.3% | 2.1% | -$1,978 | n/a |
| 96738Waikoloa | $833,000 | $2,830* | 4.1% | 2.1% | -$3,019 | n/a |
| 96740Kailua Kona | $873,000 | $2,806 | 3.9% | 1.8% | -$3,379 | n/a |
| 96755Kapaau | $635,000 | $1,970* | 3.7% | 1.7% | -$2,510 | n/a |
| 96727Honokaa | $650,000 | $1,980* | 3.6% | 1.7% | -$2,589 | n/a |
| 96764Laupahoehoe | $626,000 | $1,870* | 3.6% | 1.7% | -$2,470 | n/a |
| 96719Hawi | $847,000 | $2,350* | 3.3% | 1.5% | -$3,544 | n/a |
| 96743Waimea | $1,260,000 | $3,500 | 3.3% | 1.4% | -$5,304 | n/a |
| 96750Kealakekua | $778,000 | $1,870* | 2.9% | 1.1% | -$3,500 | n/a |
| 96710Honomu | $960,000 | $2,280* | 2.9% | 1.0% | -$4,388 | n/a |
| 96725Holualoa | $1,028,000 | $2,390* | 2.8% | 0.9% | -$4,763 | n/a |
| 96780Papaaloa | $827,000 | $1,870* | 2.7% | 1.1% | -$3,713 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.6%
- Rent, 12 months
- +7.8%
- Rent minus price growth
- +6.2 pts
- Property tax
- 0.26%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $469,166 | $1,646 |
| Aug 2022 | $581,325 | $1,900 |
| Aug 2023 | $563,664 | $2,015 |
| Aug 2024 | $579,983 | $2,171 |
| Aug 2025 | $561,930 | $2,266 |
| Aug 2026 | $570,917 | $2,442 |
Counties
- Hawaii County, HI4.3% median yield
Tools
Questions
- Is the Hilo, HI metro good for rental property?
- The typical home here runs -$1,698 a month at 7.78% with 25% down, breaking even at about 1.0%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Hilo, HI metro have the highest rental yield?
- 96778 (Pahoa) at 7.8%, 96720 (Hilo) at 4.6%, 96740 (Kailua Kona) at 3.9%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.