Average Rent in Hillsboro, OR

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Current Versus Historical Hillsboro, OR Rents

Hillsboro rentals average $738 for a studio rental to $2,795 for a 4-bedroom rental. The median price of all currently available listings is $2,024, or roughly $2 per square feet.
For the apartment units and housing in March 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $151 (-9.76%) year-over-year from $1,551 to $1,400. 1-bedroom rentals prices have decreased by $37 (-2.46%) year-over-year from $1,512 to $1,475. 2-bedroom rentals prices have decreased by $117 (-5.89%) year-over-year from $1,981 to $1,864. 3-bedroom rentals prices have decreased by $31 (-1.26%) year-over-year from $2,441 to $2,410. 4-bedroom rentals prices have increased by $174 (6.39%) year-over-year from $2,726 to $2,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 4.35% this month. 1-bedroom rents have gone up by 6.09% this month. 2-bedroom rents have gone up by 1.51% this month. 3-bedroom rents have gone up by 1.05% this month. 4-bedroom rents have gone up by 7.87% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.08 $1,400 $1,551 (-9.76%) $1,331 (5.16%)
1 BR $2.55 $1,475 $1,512 (-2.46%) $1,244 (18.50%)
2 BR $1.85 $1,864 $1,981 (-5.89%) $1,532 (21.64%)
3 BR $1.59 $2,410 $2,441 (-1.26%) $2,013 (19.70%)
4+ BR $1.42 $2,900 $2,726 (6.39%) $2,372 (22.28%)

Historical Rents in Hillsboro, OR

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Hillsboro

There are a total of 1 cities nearby Hillsboro. The average rent in Hillsboro is currently $1,625 per month. Only one city nearby has an average rent lower than that. Our records show that Beaverton, OR, with an average rent of $1,625, is the most affordable city nearby. In contrast, the most expensive city near Hillsboro, OR is Beaverton, OR. Monthly rents here are on average $1,625 per month.

Let's compare Hillsboro, OR's rent against other top cities nearby by bedroom size. Typically, rent for studios in Hillsboro, OR is 62.71% more affordable than other cities nearby. One bedrooms are about 5.22% more expensive. Two bedrooms in Hillsboro, OR are about 7.59% more expensive. Finally, rent for three bedrooms are about 0.52% more expensive. Want more information? Check out the top 1 cities near Hillsboro, OR in the following chart.
City Studio 1 Bed 2 Bed All
Beaverton, OR $1,200 $1,398 $1,723 $1,625

Top Neighborhoods Near Hillsboro



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Hillsboro

The average rent for rentals in these counties is $1,950. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Washington, OR. It's average rent per month is $1,950. Vice versa, with an average rent of $1,950, Washington, OR is the most expensive county by Hillsboro, OR.

Typically, rent for studios in Hillsboro, OR is 62.71% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Hillsboro, OR is 5.05% more expensive than other counties nearby. Finally, rent for two bedrooms in Hillsboro, OR is 8.80% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Washington, OR $1,200 $1,400 $1,700 $1,950

Top Zipcodes Near Hillsboro

There are a total of 3 zipcodes in or near Hillsboro, OR. The average rent for all of these zipcodes is $1,550. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 97210, Portland, OR at $1,395 per month. In comparison, the zipcode with the most expensive average rent of $2,525 per month is 97229, Bethany, OR.

Studios in these zipcodes have an average rent of $1,108. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Hillsboro, OR is $1,400 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,750 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in Hillsboro, OR. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
97229, Bethany, OR N/A $1,400 $1,750 $2,525
97210, Portland, OR $1,108 $1,400 $1,923 $1,395
97203, Portland, OR $1,199 $1,363 $1,699 $1,550

Frequently Asked Questions - Hillsboro Average Rents

What is the average rent price in Hillsboro, OR?
The average monthly rental price for Hillsboro, OR apartments for rent is approximately $2,024. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Hillsboro, OR rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Hillsboro, OR.
How much is a studio apartment in Hillsboro, OR?
The average monthly rental price for studio apartments is $738 and an average price per square feet of $3.08. There are a total of 2 studio apartment listings currently available for rent in Hillsboro.
How much is a one bedroom apartment in Hillsboro, OR?
The average monthly rental price for one bedroom apartments is $1,475 and an average price per square feet of $2.55. There are a total of 10 one bedroom apartment listings currently available for rent in Hillsboro.
How much is a two bedroom apartment in Hillsboro, OR?
The average monthly rental price for two bedroom apartments is $1,864 and an average price per square feet of $1.85. There are a total of 25 two bedroom apartment listings currently available for rent in Hillsboro.
How have rent prices in Hillsboro, OR changed this year?
Rent prices for rentals in Hillsboro, OR can fluctuate yearly. Specifically, studio rental prices have changed by -0.10%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Hillsboro, OR?
A reasonable rent price in Hillsboro, OR is around $1,619/month. You can search for these reasonably priced rental listings on RentHop.
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