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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 $183,358, lower than the Texas average of $322,096.
The average cost of rent is $1,034/mo in Hillsboro, primarily driven by the current value of real estate in the Hillsboro area. In Hillsboro, 38.36% of households rent, and 59.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hillsboro is $5,279 per month. Households that rent pay about 19.58% of their income on rent here. Hillsboro’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Winslow, TX: higher priced homes
- Chat, TX: higher priced homes
- Lovelace, TX: higher priced homes
- Carls Corner, TX: higher priced homes
- Bynum, TX: higher priced homes
- Peoria, TX: higher priced homes
- Vaughan, TX: higher priced homes
- Woodbury, TX: equally priced homes
- Brandon, TX: higher priced homes
- Mayfield, TX: higher priced homes
Cities with Similar Populations
- Westwego, LA: equally priced homes
- Lebanon, KY: equally priced homes
- Lebanon, NH: higher priced homes
- Ledyard, CT: higher priced homes
- Leechburg, PA: equally priced homes
- Leonia, NJ: higher priced homes
- Libby, MT: higher priced homes
- Whiteriver, AZ: less expensive homes
- Whitehouse Station, NJ: higher priced homes
- Whitehall, MI: higher priced homes
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