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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 $525,011, higher than the Oregon average of $502,078.
The average cost of rent is $2,012/mo in Hillsboro, primarily driven by the current value of real estate in the Hillsboro area. In Hillsboro, 47.56% of households rent, and 29.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hillsboro is $9,329 per month. Households that rent pay about 21.56% of their income on rent here. Hillsboro’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Aloha, OR: equally priced homes
- Mountaindale, OR: equally priced homes
- Cornelius, OR: less expensive homes
- Bethany, OR: higher priced homes
- Beaverton, OR: equally priced homes
- Schefflin, OR: higher priced homes
- Scholls, OR: higher priced homes
- Cedar Mill, OR: higher priced homes
- North Plains, OR: higher priced homes
- Forest Grove, OR: less expensive homes
Cities with Similar Populations
- Bellingham, WA: higher priced homes
- Arlington, TX: less expensive homes
- Albuquerque, NM: less expensive homes
- Abilene, TX: less expensive homes
- Baltimore, MD: less expensive homes
- Arvada, CO: higher priced homes
- Anderson, SC: less expensive homes
- Anderson, IN: less expensive homes
- Bend, OR: higher priced homes
- Arlington Heights, IL: less expensive homes
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