Is Hilo, HI a good place to invest in rental property?

Hilo, HI has a median modeled monthly cash flow of $-2,134 and a median cap rate of 1.8%, on a median sold price of $505,000. Prices changed +7.3% year over year.

What is the average cap rate in Hilo, HI?

The median cap rate across recently sold homes in Hilo, HI is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hilo, HI?

The median sold price in Hilo, HI is $505,000 (about $425 per square foot).

Investing in Hilo, HI Real Estate

A data-driven snapshot of the Hilo, HI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$505,000Median sold price

$425Median $/sqft

1.9%Median cap rate

$-2,134Modeled cash flow / mo

+7.3%Appreciation YoY

30.7Months of supply

169Active listings

66Sold (last 12 mo)

What the Hilo numbers say

In Hilo, HI, the median home sold for $505,000 (about $425 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-2,134 of monthly cash flow. Sold prices moved +7.3% over the past year. Inventory sits at about 30.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Hawaii markets to compare

See Hilo cash-flowing listings

CashFlowRE ranks every for-sale home in Hilo, HI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Hilo deals, or browse the national market data.