Zumper
modified
Updated 5+ Days Ago

Highlights

  • Shared on-site laundry facility
  • 2-bedroom apartments

Location

485 Laukapu St, Hilo, HI 96720, USA
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Tour Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply

Contact

Management

Big Island Housing Foundation

Leasing office

(808) 969-3327

Property Overview

Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply earns a strong overall rating, with especially high marks for price, amenities, and location. Standout pros include 11 photos and value per square foot that ranks above many nearby properties, while shared on-site laundry and 2-bedroom layouts add to its practical appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Balcony
  • Eco-friendly trash disposal

Floor plans

Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply2 bed1 bath690 sqft$1,361 /mo1 unit available

Let's explore this property.

Amenities for Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply

Apartment Amenities

BalconyTrash
Water

Appliances

RangeRefrigerator

Building

Onsite LaundrySewer

Grounds

Assigned Parking

Services

On-Site ManagementOn-Site Resident Manager
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units18
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About Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply

HomeApartments in Hilo Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply

Property Description Welcome to your new home in Hilo! This 18-unit, three-story walk-up building offers spacious 2-bedroom, 1-bathroom apartments with approximately 690 square feet of living space. Each apartment unit includes a private, small lanai perfect for enjoying Hilo's fresh air and tropical climate. Built with durable hollow tile, this property offers functional, straightforward living and conveniently located near the Afook-Chinen Civic Auditorium. The property features a shared on-site laundry facility and one unassigned parking stall per unit. Water and trash collection are included; residents are responsible for electricity. Please note: This is an affordable housing program property. Applicants must meet specific low-income qualifications and complete an annual income recertification to maintain eligibility. Income & Eligibility Requirements: Income Limit: Household income cannot exceed 50% Area Median Income (AMI) for zip code 96720. 1 person $42,350 2 people $48,400 3 people $54,450 4 people $60,450 5 people $65,300 Applicants must have a gross monthly income of at least 1.5 times the monthly rent, or $1,776 per month. Applicants receiving a County Housing Choice Voucher (Section 8) are exempt from the minimum-income requirement. Occupancy: Single-person households are welcome. Maximum occupancy is 5 persons (2 people per bedroom, plus 1) Lease Terms & Details: Rent: $1,361 per month Utility Allowance: $177 utility allowance factored into program limits Security Deposit: $1,361 (Equivalent to one month's rent) Lease Duration: 1 year (Annual income recertification required) Utilities: Tenant pays electric. Owner pays for water and trash collection. Parking: 1 unassigned parking stall included Laundry: Shared on-site laundry facilities Pet Policy: Strictly no pets allowed


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply compares to other nearby properties.

Positives

More space
The 2-bedroom is 53 sqft larger than other listings nearby
Balcony
Easy access to the outdoors
Eco-friendly trash disposal
This property has recycling pickup
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1.3 miles away

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Rent trends in Hilo

2-bedroom apartments at Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply cost about 38% less than the average rent price for 2-bedroom apartments in Hilo.

Median rents as of Sep 26 2026.
Hilo
A table of studio rental data trends in Hilo
MonthMedian Rent
October 2024$1,300
November 2024$998
December 2024$1,391
January 2025$1,625
February 2025$995
March 2025$1,407
April 2025$1,515
May 2025$1,450
June 2025$1,303
July 2025$1,297
August 2025$1,280
September 2025$1,465
October 2025$1,350
November 2025$1,275
December 2025$1,347
January 2026$1,355
February 2026$1,557
March 2026$1,778
April 2026$1,647
May 2026$1,755
June 2026$1,425
July 2026$1,294
August 2026$1,505
September 2026$1,812

Affordability calculator

Can I afford to live at 485 Laukapu St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$54,440/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,440 annually to afford this 2-bedrooms monthly rent price of $1,361.
For more information on rent affordability, visit our rent calculator.

Schools near Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply

Chiefess Kapiolani Elementary School

966 kilauea ave

hilo, HI, 96720

PK, K-6Public
C
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Internet available near Affordable 2BR/1BA Apartments with Lanai Near Civic Auditorium – Income Limits Apply

Getting around Hilo near 485 Laukapu St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 485 Laukapu St, Hilo

Groceries

4/10
At least one supermarket within a 20-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

3/10
At least one elementary school within a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

4/10
Some bars within walking distance

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This property is intended for those with income restrictions.
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