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These days, finding an affordable place to live in the Hillsborough area can be challenging. Home prices in Hillsborough are now at a median cost of $1,978,806, higher than the California average of $648,235.
The average cost of rent is $2,916/mo in Hillsborough, primarily driven by the current value of real estate in the Hillsborough area. While nearly 31.72% of residents own their homes outright in Hillsborough, 9.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hillsborough is $19,583 per month. Households that rent pay about 14.89% of their income on rent here. Hillsborough's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Burlingame, CA: less expensive homes
- Highlands-Baywood Park, CA: equally priced homes
- San Mateo, CA: less expensive homes
- Millbrae, CA: less expensive homes
- Belmont, CA: less expensive homes
- Foster City, CA: less expensive homes
- San Bruno, CA: less expensive homes
- Millbrae Meadows, CA: less expensive homes
- San Carlos, CA: less expensive homes
- Pedro Valley, CA: less expensive homes
Cities with Similar Populations
- Lake Geneva, WI: less expensive homes
- Santaquin, UT: less expensive homes
- Sandston, VA: less expensive homes
- San Marino, CA: equally priced homes
- Sabana Hoyos, PR: less expensive homes
- Rogers, MN: less expensive homes
- Lincolnwood, IL: less expensive homes
- Laurel, DE: less expensive homes
- Las Marias, PR: less expensive homes
- Lantana, FL: less expensive homes
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