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114 2 Bedroom Apartments for rent in Hillsboro, OR

Last updated January 23 at 1:29pm UTC
Palladia
2615 Northwest 194th Terrace
Hillsboro, OR
Updated January 23 at 1:22pm UTC
2 Bedrooms
$1,445
Windsor at Amberglen
9350 NE Windsor Street
Hillsboro, OR
Updated January 23 at 6:43am UTC
2 Bedrooms
$1,495
Platform 14
1030 NE Orenco Station Parkway
Hillsboro, OR
Updated January 23 at 1:23pm UTC
2 Bedrooms
$1,755
Sunset Crossing
17999 NW Evergreen Pky
Hillsboro, OR
Updated January 23 at 1:22pm UTC
2 Bedrooms
$1,633
903 Ne Jackson Street Unit B
Central Hillsboro
Hillsboro, OR
Updated January 23 at 12:28pm UTC
2 Bedrooms
$1,149
1248 SE Bianca St.
South Hillsboro
Hillsboro, OR
Updated January 23 at 12:28pm UTC
2 Bedrooms
$1,625
350 SE 3rd Ave
Central Hillsboro
Hillsboro, OR
Updated January 23 at 12:28pm UTC
2 Bedrooms
$1,400
456 SW Connell Ave
West Hillsboro
Hillsboro, OR
Updated January 23 at 12:27pm UTC
2 Bedrooms
$1,300
367 NE 80th Ave
Sommerset West - Elmonica South
Hillsboro, OR
Updated January 23 at 9:33am UTC
2 Bedrooms
$1,595

January 2019 Hillsboro Rent Report

Welcome to the January 2019 Hillsboro Rent Report. Hillsboro rents declined over the past month. In this report, we'll evaluate trends in the Hillsboro rental market, including comparisons to cities throughout the state and nation.

View full Hillsboro Rent Report
Rent Report
Hillsboro

January 2019 Hillsboro Rent Report

Welcome to the January 2019 Hillsboro Rent Report. Hillsboro rents declined over the past month. In this report, we'll evaluate trends in the Hillsboro rental market, including comparisons to cities throughout the state and nation.

Hillsboro rents declined significantly over the past month

Hillsboro rents have declined 0.5% over the past month, but have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Hillsboro stand at $1,690 for a one-bedroom apartment and $2,000 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Hillsboro's year-over-year rent growth leads the state average of -1.9%, but is in line with the national average of 0.9%.

Rents rising across cities in the Portland Metro

Throughout the past year, rent increases have been occurring not just in the city of Hillsboro, but across the entire metro. Of the largest 10 cities that we have data for in the Hillsboro metro, 8 of them have seen prices rise. Oregon as a whole logged rent growth of -1.9% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, Hillsboro is the most expensive of all Hillsboro metro's major cities, with a median two-bedroom rent of $2,000; of the 10 largest cities in Oregon metro that we have data for, Gresham and Portland, where two-bedrooms go for $1,630 and $1,320, are the only two major cities in the metro to see rents fall year-over-year (-0.5% and -0.2%).
  • Beaverton, Springfield, and Vancouver have all experienced year-over-year growth above the state average (2.4%, 2.2%, and 1.7%, respectively).

Many large cities nationwide show more affordable rents compared to Hillsboro

As rents have increased marginally in Hillsboro, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Hillsboro is less affordable for renters.

  • Hillsboro's median two-bedroom rent of $2,000 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year, which matches the increase in Hillsboro.
  • While Hillsboro's rents rose marginally over the past year, many cities nationwide also saw increases, including Las Vegas (+4.4%), Austin (+3.4%), and Phoenix (+3.3%).
  • Renters will generally find more expensive prices in Hillsboro than most large cities. For example, Phoenix has a median 2BR rent of $1,060, where Hillsboro is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Portland $1,120 $1,320 -0.5% -0.2%
Vancouver $1,400 $1,650 0.1% 1.7%
Gresham $1,380 $1,630 -1.9% -0.5%
Hillsboro $1,690 $2,000 -0.5% 0.9%
Beaverton $1,500 $1,770 0.2% 2.4%
Lake Oswego $1,510 $1,780 -9.8% -8.9%
Tualatin $1,600 $1,880 0.5% 6.3%
Wilsonville $1,440 $1,700 -5.0% 1.8%
Gladstone $1,500 $1,760 -2.5% -0.3%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.