City Report · OR

Hillsboro

Pop. 108,231·15th most expensive in Oregon·Rental market data updated monthly for Hillsboro, OR
Median rent (all units)
$1,902/mo
Year-over-Year
+2.1%
Month-over-Month
Stable
vs US Median
-$63
Stable (Monthly)
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Most AffordableMost Expensive
Hillsboro · $1,902
More expensive than 53% of US cities · National median $1,965/mo
Rent Reality Score
72/100
Good value
OverheatedFairGreat value

Rents are 11% below what Hillsboro's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,902/mo
Expected by trend
$2,142/mo
The Rent Reality Score compares today's median rent to where Hillsboro's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,765
1 BR
$1,895
2 BR
$2,165
3 BR
$2,970
4 BR+
$3,490
Research median
$2,165/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,824/yr
At $1,902/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.1% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Hillsboro, OR is roughly split between renters and owners, has a median income above the national average, 42.3% of residents hold a bachelor's degree or higher.

Population
108,231
Median income
$106,409
Median age
35
Renters
49.8%
Age distribution
20.4%
29.5%
28.1%
Under 1820.4%
18–3429.5%
35–5428.1%
55–6410%
65+11.9%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
56.4%
25.8%
White56.4%
Black3%
Hispanic25.8%
Asian11.4%
Other3.5%
Education (25+)
17.6%
30.5%
42.3%
No HS diploma9.6%
HS diploma17.6%
Some college30.5%
Bachelor's+42.3%
Housing tenure
50.2%
49.8%
Owner50.2%
Renter49.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Hillsboro, OR has changed in 5 years

Rent
$1,601 → $1,902
up 18.8%
Income
$91,540 → $106,409
up 16.2%
Population
105,909 → 108,231
up 2.2%
Renter share
48.7% → 49.8%
+1.1 pts
Bachelor's+
42.7% → 42.3%
-0.4 pts
Median age
34.1 → 35
+0.9 yrs

The median rent in Hillsboro, OR stood at $1,601 in 2021 and currently runs about $1,902, reflecting a 18.8% increase over the period. Household income in the area moved from $91,540 to $106,409 across the same window, up 16.2% versus 2021. The population has grown by 2.2% since 2021, moving from about 105,909 residents to roughly 108,231. Reading these numbers side by side helps frame whether current listings in Hillsboro, OR look reasonable against where the market sat half a decade ago.

Community

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View Hillsboro rent history (2015–2026) →
Salary vs rent

Can you afford rent in Hillsboro on your salary?

At $1,902/mo, how Hillsboro rent compares to typical pay (30% rule).

By apartment size

Hillsboro rent by bedroom count

Median rent for each apartment size in Hillsboro. Click any size for full breakdown.

Local insights

Tips for renters in Hillsboro

About renting in Hillsboro, OR

Last updated: July 20, 2026

The median rent in Hillsboro is $1,902/mo as of July 2026. A studio apartment averages $1,765/mo while a 2-bedroom runs $2,165/mo. One-bedroom apartments average $1,895/mo and 3-bedroom units go for $2,970/mo.

At 21% of local median household income ($106,409/yr), Hillsboro ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

Is Hillsboro an affordable city for renters?

Hillsboro is considered very affordable for renters. At $1,902/mo, rent takes approximately 21% of the local median household income ($106,409/yr). The standard benchmark is 30%. Hillsboro falls comfortably within that range.

How much income do you need to rent in Hillsboro?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (~$37/hour full-time) to afford the median rent of $1,902/mo in Hillsboro. The local median household income is $106,409/yr, meaning the typical Hillsboro household meets that threshold.

Is rent going up or down in Hillsboro?

Rent in Hillsboro has increased 2.1% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Hillsboro neighborhoods have the lowest rent?

The most affordable ZIP codes in Hillsboro are 97124 ($1,859/mo), and 97123 ($2,339/mo). Citywide, the median rent in Hillsboro is $1,902/mo.

How does Hillsboro rent compare to other cities in Oregon?

Hillsboro is one of the pricier cities in Oregon for rent, ranking #15 out of 65 tracked cities at $1,902/mo.

Which nearby cities are cheaper to rent in than Hillsboro?

Several nearby cities have lower median rents than Hillsboro ($1,902/mo): Rockcreek ($1,706/mo), West Slope ($1,823/mo), Beaverton ($1,871/mo).

What percentage of Hillsboro residents rent vs. own?

According to Census data, approximately 49.8% of Hillsboro households are renters, while 50.2% are owner-occupied. Hillsboro leans toward homeownership, which can mean a smaller rental inventory.

How does Hillsboro rent compare to the national average?

Hillsboro's median rent of $1,902/mo is $63 (3%) below the US national median of $1,965/mo. Within Oregon, it ranks #15 out of 65 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,902/mo, rent takes ~21% of Hillsboro's median household income ($106,409/yr). The standard benchmark is 30%.

Hillsboro 21%Benchmark 30%
State income tax4.75–9.9%
Run the Hillsboro affordability calculator →
Lowest-rent ZIP codes in Hillsboro
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hillsboro, OR

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