Home Price Key
Affordable
Average
Expensive
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 $284,707, higher than the North Carolina average of $226,477.
The average cost of rent is $1,098/mo in Hillsborough, primarily driven by the current value of real estate in the Hillsborough area. While nearly 34.55% of residents own their homes outright in Hillsborough, 24.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hillsborough is $7,725 per month. Households that rent pay about 14.22% of their income on rent here. Hillsborough's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Schley, NC: higher priced homes
- Efland, NC: less expensive homes
- Cedar Grove, NC: less expensive homes
- Orange Grove, NC: equally priced homes
- Mebane, NC: less expensive homes
- Carrboro, NC: higher priced homes
- Chapel Hill, NC: equally priced homes
- Durham, NC: equally priced homes
- Orange Factory, NC: equally priced homes
- Bahama, NC: equally priced homes
Cities with Similar Populations
- Randallstown, MD: equally priced homes
- Moscow, ID: equally priced homes
- Moultrie, GA: less expensive homes
- Mustang, OK: less expensive homes
- Oxford, OH: less expensive homes
- Plainview, NY: higher priced homes
- Ponca City, OK: less expensive homes
- Pooler, GA: equally priced homes
- Puerto Real, PR: less expensive homes
- Rahway, NJ: equally priced homes
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