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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 $374,328, lower than the Maryland average of $450,578.
The average cost of rent is $1,571/mo in Hillsboro, primarily driven by the current value of real estate in the Hillsboro area. In Hillsboro, 20.17% of households rent, and 32.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hillsboro is $6,828 per month. Households that rent pay about 23.00% of their income on rent here. Hillsboro’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Queen Anne, MD: higher priced homes
- Lewistown, MD: equally priced homes
- Ridgely, MD: equally priced homes
- Cordova, MD: equally priced homes
- Wye Mills, MD: equally priced homes
- Williston, MD: higher priced homes
- Denton, MD: less expensive homes
- Templeville, MD: equally priced homes
- Matthews, MD: equally priced homes
- Greensboro, MD: less expensive homes
Cities with Similar Populations
- Schultzville, PA: less expensive homes
- Salem, GA: less expensive homes
- Salvo, NC: higher priced homes
- San Antonio, MO: equally priced homes
- Sanborn, ND: less expensive homes
- Sand Run, WV: less expensive homes
- Sandy Ridge, AL: less expensive homes
- Sandy Ridge, TN: less expensive homes
- Sangrey, MT: less expensive homes
- Sattre, IA: equally priced homes
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