The Most Affordable Neighborhoods in Hillsboro, ND by Home Value

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 $201,397, lower than the North Dakota average of $273,535.

The average cost of rent is $965/mo in Hillsboro, primarily driven by the current value of real estate in the Hillsboro area. In Hillsboro, 24.80% of households rent, and 43.99% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hillsboro is $7,419 per month. Households that rent pay about 13.01% of their income on rent here. Hillsboro’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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