About This Property
Riverside Apartments in Hilo comprises 74 units serving low-income families, with 12 one-bedroom, 55 two-bedroom, and 6 three-bedroom units available. The property has been in service since 2014 and operates under 9% Low-Income Housing Tax Credit financing with 73 units designated as low-income housing. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by County of Hawaii
No specific information found regarding application or preferences for this program.
Preferences include Hawai'i County residents with income at or below 30% AMI, who have a minor child, an elderly/disabled person, or are experiencing an emergency. Placement is based on application date and time, not a lottery, and only one application per family is allowed.
Waitlist data provided by section8waitlist.org
Updated May 31, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Hawaii County, HI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,458 |
| 1 Bedroom | $1,548 |
| 2 Bedroom | $2,010 |
| 3 Bedroom | $2,588 |
| 4 Bedroom | $2,855 |
Income Limits - Hawaii County, HI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $47,950
- Extremely Low (30%)
- $20,600
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $25,260
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $30,480
- Very Low (50%)
- $42,800
- Low (80%)
- $68,500
- Extremely Low (30%)
- $35,700
- Very Low (50%)
- $46,250
- Low (80%)
- $74,000
- Extremely Low (30%)
- $40,920
- Very Low (50%)
- $49,650
- Low (80%)
- $79,500
- Extremely Low (30%)
- $46,140
- Very Low (50%)
- $53,100
- Low (80%)
- $84,950
- Extremely Low (30%)
- $51,360
- Very Low (50%)
- $56,500
- Low (80%)
- $90,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,000 | $30,000 | $47,950 |
| 2 Persons | $20,600 | $34,250 | $54,800 |
| 3 Persons | $25,260 | $38,550 | $61,650 |
| 4 Persons | $30,480 | $42,800 | $68,500 |
| 5 Persons | $35,700 | $46,250 | $74,000 |
| 6 Persons | $40,920 | $49,650 | $79,500 |
| 7 Persons | $46,140 | $53,100 | $84,950 |
| 8 Persons | $51,360 | $56,500 | $90,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hilo, HI?+
The Fair Market Rent (FMR) for Hawaii County, HI is: $1458 (Studio), $1548 (1BR), $2010 (2BR), $2588 (3BR), $2855 (4BR). Actual rent at subsidized properties like Riverside Apartments is typically 30% of household income or less.
What size apartments are available at Riverside Apartments?+
Riverside Apartments offers the following unit types: 12 One-Bedroom, 55 Two-Bedroom, 6 Three-Bedroom units, for a total of 74 units.
Who manages Riverside Apartments?+
Riverside Apartments is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Riverside Apartments?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Hilo, HI?+
Based on Fair Market Rent for Hawaii County, the estimated price range is: 1-bedroom: $1548, 2-bedroom: $2010, 3-bedroom: $2588. Actual rent at Riverside Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Hawaii County, HI?+
For a 4-person household in Hawaii County, HI, the income limits are: Extremely Low Income (30% AMI): $30,480, Very Low Income (50% AMI): $42,800, Low Income (80% AMI): $68,500. These limits are set by HUD and updated annually.
What is the HUD inspection score for Riverside Apartments?+
Riverside Apartments has a HUD inspection score of 87 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Riverside Apartments?+
Riverside Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Riverside Apartments?+
Riverside Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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