Average Rent in Hillsborough, NJ

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Current Versus Historical Hillsborough, NJ Rents

Hillsborough rentals average $3,800 for a 3-bedroom rental to $8,000 for a 4-bedroom rental. The median price of all currently available listings is $5,900, or roughly $28 per square feet.

For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $4,900 to $4,900. 1-bedroom rentals prices have increased by $292 (15.12%) year-over-year from $1,933 to $2,225. 2-bedroom rentals prices have increased by $283 (10.43%) year-over-year from $2,717 to $3,000. 3-bedroom rentals prices have increased by $633 (20.00%) year-over-year from $3,167 to $3,800. 4-bedroom rentals prices have increased by $3,708 (86.37%) year-over-year from $4,293 to $8,000. 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 down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 0.49% this month. 4-bedroom rents have gone up by 44.67% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
3 BR	$28.27	$3,800	$3,167 (20.00%)	$2,825 (34.51%)
4+ BR	N/A	$8,000	$4,293 (86.37%)	$4,658 (71.74%)

Historical Rents in Hillsborough, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Hillsborough

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Hillsborough

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Hillsborough

There are a total of 4 counties located by Hillsborough, NJ. Some of these counties include Mercer, NJ, Union, NJ, and Middlesex, NJ. The average rent for rentals in these counties is $2,688. That's roughly around $26 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Mercer, NJ. Its average rent per month is $2,588. Vice versa, with an average rent of $3,000, Somerset, NJ is the most expensive county by Hillsborough, NJ.

We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Mercer, NJ	$1,200	$1,800	$2,400	$2,588
Union, NJ	$1,575	$1,995	$2,300	$2,625
Middlesex, NJ	$1,550	$1,900	$2,500	$2,750
Somerset, NJ	N/A	$2,250	$2,600	$3,000

Top Zipcodes Near Hillsborough

There are a total of 2 zipcodes in or near Hillsborough, NJ. The average rent for all of these zipcodes is $3,213. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 08831, Middlesex County, NJ at $2,625 per month. In comparison, the zipcode with the most expensive average rent of $3,800 per month is 08540, Mercer County, NJ.

Studios in these zipcodes have an average rent of $1,725. That's at least $78 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Hillsborough, NJ is $2,150 per month. Or in other words, $18 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,850 per month. Which comes out to $26 per sqft. The following table includes the top 2 zipcodes in Hillsborough, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
08540, Mercer County, NJ	$1,900	$2,500	$3,100	$3,800
08831, Middlesex County, NJ	$1,550	$1,800	$2,600	$2,625

Frequently Asked Questions - Hillsborough Average Rents

What is the average rent price in Hillsborough, NJ?

The average monthly rental price for Hillsborough, NJ apartments for rent is approximately $5,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Hillsborough, NJ 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 Hillsborough, NJ.

How have rent prices in Hillsborough, NJ changed this year?

Rent prices for rentals in Hillsborough, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.10%, three bedroom rental prices have changed by 0.20% year-over-year.

What is a reasonable rent price in Hillsborough, NJ?

A reasonable rent price in Hillsborough, NJ is around $4,720/month. You can search for these reasonably priced rental listings on RentHop.