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 $445,943, higher than the Raleigh average of $307,435.
The average cost of rent is $1,071/mo in Hillsborough, primarily driven by the current value of real estate in the Hillsborough area. While nearly 54.43% of residents own their homes outright in Hillsborough, 85.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hillsborough is $3,889 per month. Households that rent pay about 27.55% of their income on rent here. Hillsborough's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Wade, Raleigh, NC: higher priced homes
- Central, Raleigh, NC: equally priced homes
- Five Points, Raleigh, NC: higher priced homes
- Mordecai, Raleigh, NC: equally priced homes
- North Central, Raleigh, NC: equally priced homes
- Southwest Raleigh, Raleigh, NC: less expensive homes
- Glenwood, Raleigh, NC: higher priced homes
- South Central, Raleigh, NC: less expensive homes
- West, Raleigh, NC: less expensive homes
- East Raleigh, Raleigh, NC: less expensive homes
Neighborhoods with Similar Populations
- Emmons Orchard, Lincoln Park, MI: less expensive homes
- Ludlow, Yonkers, NY: less expensive homes
- Love Field Area, Dallas, TX: less expensive homes
- Juanita, Kirkland, WA: higher priced homes
- Glencliff, Nashville, TN: less expensive homes
- Glenbrook, Stamford, CT: less expensive homes
- Garrison Park, Austin, TX: less expensive homes
- Fremont, Seattle, WA: higher priced homes
- Four Corners, Antioch, TN: less expensive homes
- Forest Park, Portland, OR: higher priced homes
All Local Stats
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