68 Apartments under 1400 for rent in Hillsboro, OR

Last updated August 22 at 5:13am UTC
Sunset Crossing
17999 NW Evergreen Pky
Hillsboro, OR
Updated August 22 at 3:27am UTC
1 Bedroom
Ask
2 Bedrooms
$1,332
3 Bedrooms
$1,921
Platform 14
1030 NE Orenco Station Parkway
Hillsboro, OR
Updated August 22 at 3:26am UTC
Studio
$1,275
1 Bedroom
$1,395
2 Bedrooms
$1,735
941 NE Lincoln Street A
Central Hillsboro
Hillsboro, OR
Updated August 21 at 9:48am UTC
2 Bedrooms
$1,399
Results within 1 miles of Hillsboro, OR
720 NW 185th Unit 204
Triple Creek
Beaverton, OR
Updated August 11 at 10:09am UTC
1 Bedroom
$1,295
Results within 5 miles of Hillsboro, OR
2933 SE 38th Ct
Southeast Hillsboro
Hillsboro, OR
Updated August 10 at 5:11pm UTC
3 Bedrooms
$1,395
2800 SW 185th Ave
Cooper Mountain - Aloha North
Beaverton, OR
Updated August 22 at 1:32am UTC
2 Bedrooms
$1,100

August 2018 Hillsboro Rent Report

Welcome to the August 2018 Hillsboro Rent Report. Hillsboro rents increased 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

August 2018 Hillsboro Rent Report

Welcome to the August 2018 Hillsboro Rent Report. Hillsboro rents increased 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 increase sharply over the past month

Hillsboro rents have increased 1.5% over the past month, but have decreased slightly by 0.3% in comparison to the same time last year. Currently, median rents in Hillsboro stand at $1,720 for a one-bedroom apartment and $2,030 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in May. Hillsboro's year-over-year rent growth leads the state average of -0.9%, but trails the national average of 1.2%.

Rents rising across cities in the Portland Metro

While rent decreases have been occurring in the city of Hillsboro over the past year, cities in the rest of the metro are seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in the Hillsboro metro for which we have data. Oregon as a whole logged rent growth of -0.9% 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 $2,030; of the 10 largest cities in the metro that we have data for, Portland, where a two-bedroom goes for $1,330, is the only other major city besides Hillsboro to see rents fall year-over-year (-2.6%).
  • Springfield, Vancouver, and Corvallis have all experienced year-over-year growth above the state average (3.1%, 2.9%, and 1.9%, respectively).

Many large cities nationwide show more affordable rents compared to Hillsboro

As rents have fallen slightly in Hillsboro, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Hillsboro is less affordable for renters.

  • Hillsboro's median two-bedroom rent of $2,030 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 0.3% decline in Hillsboro.
  • While rents in Hillsboro fell slightly over the past year, many cities nationwide saw increases, including Las Vegas (+4.3%), Phoenix (+2.4%), and Charlotte (+1.5%).
  • Renters will generally find more expensive prices in Hillsboro than most large cities. For example, Phoenix has a median 2BR rent of $1,050, where Hillsboro is nearly twice 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 $1,130 $1,330 0.7% -2.6%
Vancouver $1,390 $1,650 0.4% 2.9%
Gresham $1,410 $1,660 0.4% 1.8%
Hillsboro $1,720 $2,030 1.5% -0.3%
Beaverton $1,500 $1,770 0.3% 0.6%
Lake Oswego $1,680 $1,980 0.6% 0.6%
Tualatin $1,590 $1,880 2.1% 2.1%
Wilsonville $1,490 $1,760 0.2% 5.5%

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.