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These days, finding an affordable place to live in the Hillsboro area can be challenging. Home prices in Hillsboro are now at a median cost of $153,100, lower than the Alabama average of $228,911.
The average cost of rent is $803/mo in Hillsboro, primarily driven by the current value of real estate in the Hillsboro area. In Hillsboro, 15.95% of households rent, and 57.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hillsboro is $5,639 per month. Households that rent pay about 14.25% of their income on rent here. Hillsboro’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fish Pond, AL: higher priced homes
- Trinity, AL: higher priced homes
- Flower Hill, AL: higher priced homes
- Courtland, AL: less expensive homes
- Masterson Mill, AL: higher priced homes
- Mountain Home, AL: equally priced homes
- North Courtland, AL: less expensive homes
- Reid, AL: higher priced homes
- Ripley, AL: higher priced homes
- Decatur, AL: higher priced homes
Cities with Similar Populations
- Stamford, TX: less expensive homes
- Gillette, NJ: higher priced homes
- Goochland, VA: higher priced homes
- Goreville, IL: equally priced homes
- Greenville, FL: equally priced homes
- Harpswell, ME: higher priced homes
- Hazel Green, WI: higher priced homes
- Scurry, TX: higher priced homes
- St. Ignatius, MT: higher priced homes
- Haskell, OK: equally priced homes
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