South Hilo Homes under $300,000

Welcome to South Hilo, a picturesque gem nestled on the eastern shores of the Big Island of Hawaii. Known for its lush landscapes, vibrant culture, and stunning ocean views, South Hilo offers a unique blend of tropical beauty and small-town charm. This region is rich in history, with a warm community spirit that welcomes newcomers and visitors alike.

In South Hilo, you’ll find a diverse array of homes that cater to a variety of lifestyles and budgets. For those seeking affordable options, there are charming homes available for under $300,000. These properties provide an incredible opportunity to own a slice of paradise without breaking the bank. Whether you’re a first-time homebuyer, a retiree looking to downsize, or an investor seeking rental opportunities, South Hilo’s real estate market has something for everyone.

Imagine waking up to the sound of waves crashing against the shore and the scent of plumeria wafting through your window. With its close proximity to beautiful beaches, local parks, and the vibrant downtown area, South Hilo is perfect for outdoor enthusiasts and those who appreciate the arts. The local farmer’s market, bustling with fresh produce and handmade goods, is a must-visit for anyone wanting to immerse themselves in the community.

With its affordable housing options and enchanting surroundings, South Hilo is more than just a place to live; it’s a lifestyle. Come explore the possibilities and discover your dream home in this beautiful Hawaiian paradise!

Newest South Hilo Homes under $300,000

$198,000

1 Baths ⋅ 733677 MLS ⋅ ['Fee Simple'] Tenure ⋅ Orchid Manor BLDG.

Turnkey, low-maintenance condo living steps from the Pacific Ocean! This 3rd-floor unit features: Top-floor location, efficient layout, generous interior storage. Building Amenities: Elevator and stair access, secure keyed entry, comprehensive security camera system, on-site resident manager, laundry facilities, and an in-ground swimming pool with direct ocean access for kayaking and swimming. Unbeatable Location: Oceanfront corridor near Liliʻuokalani Gardens, bayfront parks, dining, and cafes. County bus stop located directly outside the building, or walk into Hilo Town in under 20 minutes. All-Inclusive HOA Dues: Maintenance fee includes electricity, water, gas, Wi-Fi, cable TV, trash pickup, quarterly pest control, and wired security. Tenure: Fee Simple (fee conversion paid in full). A fantastic opportunity for stress-free island living in East Hawaii.

355 Orchid Manor Unit 320, HILO

Listing courtesy of eXp Realty.

$255,000

1 Beds ⋅ 1 Baths ⋅ 733611 MLS ⋅ ['Fee Simple'] Tenure ⋅ 33 Hualalai BLDG.

Located in the heart of Hilo and about a mile from the University of Hawaii, this spacious one bedroom condo is move in ready! Just a short walk takes you to trendy downtown shops and restaurants, or take a stroll in the other direction to neighboring Wailoa State Park. Follow meandering paths all the way to the Hilo Bay. This 2nd floor corner unit has abundant light and a generously sized bedroom complete with AC! The open concept kitchen includes space-saving bar seating, perfect for dining, entertaining, or studying. In the full bath, you will find ample space and a bathtub for soaking. Monthly maintenance fee includes water, covered assigned parking, sewer, trash collection, and common ground maintenance.

33 Hualalai St Unit 207, HILO

Listing courtesy of Iokua Real Estate.

$295,000

3 Beds ⋅ 1 Baths ⋅ 732823 MLS ⋅ ['Fee Simple'] Tenure

Centrally located 3 bedrooms with 1 bath home close to University of Hawaii-Hilo, shopping and dining areas. Challenging fixer upper with huge upside potential. Large storage room next to carport that can be used as an extra bedroom. Lack of recorded vehicular and pedestrian access to and from a public street or highway. To be sold with "As Is" Addendum.

66 Ohea St, HILO

Listing courtesy of Century 21 Homefinders of Hawaii.

$225,000

1 Baths ⋅ 732992 MLS ⋅ ['Fee Simple'] Tenure ⋅ Orchid Manor BLDG.

Rare end-unit studio with exceptional Hilo Bay views! This spacious 496 sq ft studio, plus approximately 80 sq ft lanai, is ideally positioned on the Hilo side of Orchid Manor with a window looking toward the peaceful waters of Hilo Bay, where sailboats gently pass by. Enjoy ever-changing scenery, views toward Mauna Kea, and a tropical setting from home. The studio features a full-size refrigerator & gas range. Ready for some loving, this unit offers an opportunity to refresh and personalize your own Hilo retreat. A unique opportunity at Orchid Manor! An unusual number of units are currently available, giving buyers an excellent opportunity to compare layouts, views, condition, and pricing within this well-established condominium community. The current availability is largely due to long-time owners transitioning to new living arrangements, including family and estate-related circumstances. Whether you're seeking a primary residence, second home, or investment property, this may be an especially good time to explore ownership at Orchid Manor. Enjoy the in-ground pool and stroll along the bay. Beach parks, Liliuokalani Gardens, Banyan Drive, golf courses, restaurants, downtown Hilo, Farmers Market, shops, and groceries are all nearby. Orchid Manor features a secure building with elevator, video security, on-site laundry, resident manager, and beautifully maintained grounds. Maintenance fee includes cable, high-speed Wi-Fi, electricity, water, gas, garbage, grounds maintenance, and resident manager services. An exceptional opportunity to own an end unit in one of Orchid Manor's more desirable bay-facing locations. Bring your vision and make this peaceful Hilo Bay retreat your own!

355 Kalanianaole St Unit 233, HILO

Listing courtesy of Jade Dream Properties, LLC.

$275,000

2 Beds ⋅ 1 Baths ⋅ 733531 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hilo Terrace BLDG.

Check out this tastefully renovated unit at Hilo Terrace! Being sold furnished, this 2-bedroom, 1-bath condo is move-in ready and located in the highly desirable Building K, where units are larger than those found in the other buildings within the complex. Recent upgrades include a fresh coat of paint, new flooring throughout, ceiling fans added in the bedrooms, updated bathroom fixtures, and a completely remodeled kitchen that has been reconfigured for both style and functionality. It's no wonder it is booked often as a Short-Term Vacation Rental (STVR) - visitors LOVE staying at Hale Maile, and the STVR license is fully transferable! Enjoy the convenience of being just steps from the community pool, laundry facilities, and mailboxes. On clear Hilo days, you’ll also appreciate stunning views of Mauna Kea. Ideally located within walking distance to downtown, the property is close to the hospital, schools, post office, parks, and the popular Hilo Farmers Market. The monthly maintenance fee covers common area electricity, gas, water, and upkeep of the shared grounds. Individual electricity usage and trash service are billed separately.

485 Waianuenue Ave Unit K248, HILO

Listing courtesy of Hokulani Realty LLC.

$259,000

1 Baths ⋅ 733444 MLS ⋅ ['Fee Simple'] Tenure ⋅ Waiakea Villas BLDG.

Location is the Key to this Elegant Luxury Condo for sale close to downtown Hilo, If your looking for a space to call home and or have a vacation rental in Hilo then look no further for Waiakea Villas is perfect. Unit is located on the 3rd level facing the pool with an Extra Large balcony being 110 sq ft. Entire studio has been artfully upgraded with new tile, stone, appliances, fixtures, cabinets, custom woodwork, re-designed shelves & shutters on balcony, a re-designed roof with door to storage unit, ceiling lights ,2 Large Storage Closets for extra storage and unit comes furnished including : Custom Bed ,TV Stand and more. Laundry Area is conveniently located down the hallway and parking is in the open spacious parking area close to unit.. This unit is currently rented month to month for $ 1,590. Area is very close to Hilo Shopping Center which hosts, restaurants, health food Store, Bank and more. Walking distance to Wailoa River Park with Pavilions, Bike & walking Paths, Wailoa Art Center and the infamous Rainbow Bridges. Lots of ducks and Nene Geese can be spotted swimming and walking in the park as well. Wailoa River which runs through the park goes into the Hilo Bay which is minutes from complex.

400 Hualani St Unit 3317, HILO

Listing courtesy of eXp Realty.

$180,000

1 Baths ⋅ 732101 MLS ⋅ ['Fee Simple'] Tenure ⋅ Orchid Manor BLDG.

Third-floor studio at Orchid Manor on the desirable Hilo/Hamakua side of the building. This spacious 496 sq ft unit features an additional 80 sq ft lanai, providing comfortable indoor-outdoor living in a prime Hilo location. Conveniently located in the Keaukaha area near Liliʻuokalani Gardens, Coconut Island, Banyan Drive, and Hilo Bayfront, with easy access to Downtown Hilo, the Hilo Farmers Market, restaurants, shops, and ocean parks. The unit includes a full-size refrigerator and a four-burner gas range for everyday convenience. Building amenities include secure entry with video surveillance, resident manager, elevator, community laundry, and an in-ground pool, all within a peaceful setting with Hilo Bay views. Monthly maintenance fee of $753.43 includes electricity, cable, Wi-Fi, water, sewer, gas, trash service, resident manager, building maintenance, and insurance—making this an easy, low-maintenance way to enjoy island living.

355 Kalanianaole Ave Unit 331, HILO

Listing courtesy of Jade Dream Properties, LLC.

$155,000

2 Beds ⋅ 1 Baths ⋅ 733107 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hilo Terrace BLDG.

PRICE IMPROVEMENT.........and ready for its next owner! Located on the second floor of Hilo Terrace, this 2-bedroom, 1-bath condominium offers an affordable opportunity to own in the heart of Hilo. The unit is in largely original condition, providing a great opportunity for a buyer who wants to update and personalize the space over time. The unit features two bedrooms, one full bathroom and an assigned parking stall. Hilo Terrace amenities include a swimming pool and community coin-operated laundry facilities. Monthly maintenance fees include water, sewer, garbage, propane, pest control, and maintenance of the building exterior and common areas.* Conveniently located on Waianuenue Avenue, Hilo Terrace offers easy access to Downtown Hilo, schools, UH Hilo, Hilo Benioff Medical Center, shopping, restaurants and Hilo Bayfront. Whether you're looking for an affordable primary residence, a Hilo home base, or an investment opportunity, this unit offers location, convenience and plenty of potential. *Buyers and Buyers' agents to verify maintenance fees, inclusions and all information deemed material to their purchase.

485 Waianuenue Ave Unit 201, HILO

Listing courtesy of Equity Hawaii Real Estate LLC.

$269,000

1 Baths ⋅ 732098 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hilo Lagoon Centre BLDG.

Downtown Hilo Charm at Hilo Lagoon! Embrace the vibrant, charming lifestyle of downtown Hilo. This fully renovated studio unit offers a rare combination of convenience and natural beauty, featuring scenic views of the lush Wailoa River State Recreation Area right outside your balcony. Driving is optional—this prime location allows you to stroll to the historic Hilo Bayfront, local museums, parks, schools, medical offices, pharmacies, and an incredible array of dining, shopping and more! It's the perfect blend of small-town charm and city convenience, making it an ideal personal retreat or a highly desirable asset with vacation rental potential. Inside, the studio layout has been thoughtfully maximized with a Murphy bed to keep your living space open and airy. High-end finishes elevate the entire studio, starting with durable luxury vinyl plank flooring in the living area, a kitchenette featuring elegant quartz countertops and sophisticated, oversized artisan tiles in the bathroom. Fresh paint, updated plumbing and electrical components ensure absolute peace of mind. The Hilo Lagoon community provides an exceptional collection of amenities and security. Residents benefit from 24/7 on-site security, an on-site general manager, and smooth elevator access. The grounds feature a refreshing swimming pool, BBQ area, cafe, dedicated and visitor parking, secure mailboxes, a library, and convenient on-site laundry facilities on every floor. Living here is entirely stress-free, thanks to the inclusive monthly AOAO fees. Your utilities and upkeep are bundled into one predictable payment covering common area maintenance, water, sewer, electricity, central A/C, basic cable, rubbish service, and security. This is an amazing opportunity to own a property that improves your quality of life!

101 Aupuni St Unit 614, HILO

Listing courtesy of COMPASS.

$255,000

2 Beds ⋅ 1 Baths ⋅ 733101 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hilo Terrace BLDG.

Turnkey and fully furnished, this lovely 2-bedroom, 1-bath condominium at Hilo Terrace offers a rare opportunity to step into an established, operating Short-Term Vacation Rental. Unit 109 is being offered completely furnished and ready for immediate use, whether as a successful vacation rental, second home, or flexible investment property. With an existing STVR in place, the next owner can enjoy the convenience of acquiring a property that is already set up for guests rather than starting from scratch. Hilo Terrace has also benefited from significant recent capital improvements throughout the complex. The in-ground pool and laundry facilities were refinished in 2019, the parking lot was asphalted in 2024, and new roofs were installed on all buildings in 2023.

485 Waianuenue Ave Unit 109, HILO

Listing courtesy of Hawai'i Modern Realty.

$259,000

1 Baths ⋅ 732047 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hilo Lagoon Centre BLDG.

Amazing Wailoa river views and surrounding Hilo town landmark views from this well-maintained, furnished studio at the Hilo Lagoon Centre. Buyers are welcome to explore possible investment opportunities as the Hilo Lagoon Centre is zoned for short-term vacation rentals (STVR). Property amenities include assigned "floating" covered parking stall, secured mailboxes, outdoor pool area with lounging chairs and BBQ area. Each floor has its own laundry room. Monthly AOAO fees cover common area maintenance, water, sewer, electricity, central A/C, basic cable, trash service and security. Convenient central location in Hilo town bordered by Wailoa River State Recreation Area, which features open green spaces, walking paths, and the King Kamehameha statue.

101 Hilo Lagoon Centre Unit 510, HILO

Listing courtesy of Coldwell Banker Island Properties - Kamuela.

$239,900

1 Baths ⋅ 202616349 MLS ⋅ FS - Fee Simple Tenure ⋅ Orchid Manor BLDG.

E Komo Mai, come see your new luxury designed condo in a great location in Hilo close to everything. This condo unit has been completely renovated to an upscale modern interior design. The newly designed kitchen has new cabinets, all soft close, quartz countertops, and custom finishes with a large island with a lot of cabinet/storage space. The bathroom has new marble style tile throughout. with all new cabinetry. Custom Microcement flooring throughout the unit makes for easy cleaning and long lasting design. All new light fixtures and plumbing fixtures for a sleek modern design. Lights in the kitchen and bathroom have a "Sky Light" feature to give you a feel of the outside sky. Appliances include: new refrigerator, new microwave with exhaust vent, and new air conditioner. The Orchid Manor complex has an onsite pool, laundry facility, trash service, cable and internet, sewer service, water, and electricity included.

355 Kalanianaole Avenue Unit 103, Hilo

Listing courtesy of Compass.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.