Intrinsic noise embedded in stochastic gene regulation due to low copy number of species has been studied using the approach of theoretical modeling and computational simulation, including the standard methods of stochastic simulation algorithm (SSA) and linear noise approximation (LNA). At average cell level, Hill functions are widely used as a compact format to represent gene regulation involving multi-transcription-factor binding and cooperativity. Heuristic SSA and LNA methods (hSSA and hLNA) have been applied to study stochastic models employing Hill functions. It is however unclear which modeling and simulation method is suitable to characterize intrinsic noise of Hill-type gene regulation with sufficient accuracy and computational efficiency. In this work, we perform noise analysis of two gene regulatory models represented by second-order activating and inhibitory Hill functions, seeking to evaluate the performance of five existing noise modeling methods. Specifically, SSA and LNA are applied to the full models that are expanded from the Hill functions containing only elementary reactions, while hSSA and hLNA are applied to reduced models where the Hill function is heuristically used. In addition, we characterize intrinsic noise using the slow-scale LNA (ssLNA) method that is recently proposed to deal with models with both fast and slow time scales. Using SSA as ground truth, we find that hSSA and hLNA underestimate the level of intrinsic noise in the Hill-type models, despite of high computational efficiency. The ssLNA approach calculates noise with comparable accuracy as SSA and LNA, while requesting much less computational resources. In addition, the chemical Langevin equation (CLE) under the same slow-scale framework simulates single-cell stochastic trajectories as accurately as SSA yet with significantly lower computational demands. This study shows that ssLNA complemented by slow-scale CLE offers a computational platform that out-performs the other four methods in characterizing intrinsic stochasticity of the Hill-type genetic models.